Graphmatech raises SEK 84.5M in investment round

June 14, 2021

Graphmatech’s SEK 84.5 million investment round will help the company to accelerated the development of its graphene-based products (Courtesy Graphmatech AB)

Materials technology company Graphmatech AB, Uppsala, Sweden, reports that it has raised SEK 84.5 million in an investment round that is said to be fundamental to accelerate its technology development and launch graphene-based products to new markets.

“We are very pleased to see such a broad range of investors acknowledging the value of our graphene materials technology, and that both new and previous investors support our sustainability vision,” stated Dr Mamoun Tahe, Graphmatech CEO and founder. “Thanks to their support, Graphmatech can continue to scale up the production capacity, launch products and increase our technological edge.”

Molindo Energy, Forward Ventures and SEB Venture Debt are new investors, while existing investors ABB Technology Ventures, Almi Invest GreenTech, Walerud Ventures, and KIC InnoEnergy, continue to invest in Graphmatech. Molindo Energy led the round together with returning lead ABB Technology Ventures and Morgan Sadarangani will join the board from Molindo Energy.

“Graphmatech will be a key player in the energy transition,” commented Morgan Sadarangani, CEO and founder of Molindo Energy.

“The drive behind Graphmatech’s technology is to turbocharge the transition to a sustainable society, and Almi Green Tech is honoured to support the strong Graphmatech team on this journey,” said Boris Gyllhamn, Investment Manager, Almi Invest GreenTech AB

Kurt Kaltenegger, Head of ABB Technology Ventures, added, “By making possible to leverage the properties of graphene on an industrial scale, Graphmatech’s technology offers tremendous potential to enable the sustainable electrification of industry, Additive Manufacturing and the next generation of energy storage. For ABB Technology Ventures, it is a privilege working with such a talented team lead by Mamoun and to contribute to the next phase of Graphmatech’s growth journey.”

www.graphmatech.com

Latest Industry News

Download the latest issue of PM Review

Our latest issue is now available to download in PDF format, free of charge.

As well as an extensive Powder Metallurgy industry news section, this 92-page issue includes the following exclusive articles and reports:

  • The state of Germany’s Powder Metallurgy industry: From the coronavirus pandemic to the EV revolution
  • CM Furnaces: A stalwart of the industrial furnace segment reflects on seventy-five years of thermal processing innovation
  • Liberty Powder Metals: The Liberty Steel spin-out targeting high-quality metal powder production for advanced manufacturing processes
  • The Low Gas Consumption continuous furnace: Delivering increased efficiency across a range of PM applications
  • Eliminating conflict minerals: A new standard for the assurance of conflict-free materials across the supply chain
  • More information

Industry News

E-newsletter

Sign up to our free e-newsletter, sent weekly to industry professionals around the world. We'll also let you know each time a new issue of PM Review magazine is available.

Subscribe for a FREE digital magazine

PM Review is the leading international magazine for the Powder Metallurgy industry.
Published four times a year, it is available as a free download or through a print subscription

Connect with us

Powder Metallurgy: The original net-shape production process

Powder Metallurgy components are relied upon by a wide variety of manufacturing industries, from automotive to power tools, household appliances, chemical engineering, filtration and more.

The main reason for the technology’s success is its cost-effectiveness at producing high volumes of net-shape components, combined with its ability to allow the manufacture of products that, because of the production processes, simply cannot be manufactured by other methods.

To discover more about how the technology has revolutionised component production, browse our Introduction to Powder Metallurgy.

Latest industry news

Copy link