UK graphene start-up iGii raises £8.8 million in new funding

iGii’s patented innovation, Gii, is a 3D foam comprised of carbon atoms. It’s mentioned to mix the fascinating bodily properties of graphene, similar to sensitivity, flexibility and conductivity, with out its scale-up and mass utility challenges. The money injection will assist iGii scale manufacturing of Gii-Sens, its extremely delicate and correct element for point-of-care diagnostic sensors. This utility of Gii is experiencing sturdy demand globally as a consequence of its potential to ship exact, laboratory-level outcomes for a variety of sicknesses and indicators of sickness, together with cancers, pathogens and liver and coronary heart failure. The Firm may also deepen its R&D into different functions of Gii, focusing on improved efficiency for water and meals high quality sensors, agricultural sensors, and battery storage.A latest collaboration with the College of Bathtub used Gii-Sens to underpin a brand new battery-free sensor for testing lactic acid in athletes, opening up the likelihood for an easy-to-use sensor that’s accessible in distant places – similar to an athletics monitor – with out the necessity for electricity-powered sensing gear.
Jean-Christophe Granier, Chief Government Officer at iGii commented: “We’re laser-focused on bringing our revolutionary Gii expertise to markets, with quick and important alternatives within the healthcare sector. This extra funding will allow us to speed up ongoing buyer initiatives and put money into our reel-to-reel manufacturing capabilities to ship industrial portions of Gii worldwide for our prospects.
Gii can be an environmentally sustainable materials as it’s manufactured utilizing a confirmed low-energy and chemical-free course of, producing minimal waste and making the fabric more economical than conventional sensing supplies, similar to gold.
Alastair McMillen, Affiliate Director, Sustainable Funding on the Financial institution mentioned: “We’re excited by the expansion and affect potential of iGii, and we’re happy to be invested within the firm’s future, which incorporates scaling its merchandise for a worldwide market and bringing extra expert jobs to Stirling.

“The corporate’s patented expertise exemplifies cutting-edge developments in nanomaterials, and aligns to our mission to drive innovation, serving to to develop our economic system and make it extra aggressive.” Granier concludes: “We’re thrilled the Scottish Nationwide Funding Financial institution is supporting our formidable development plans and serving to us export true Scottish innovation to the world. Along with our present buyers, we’re remodeling prospects’ product efficiency and delivering life-changing advantages for folks and our planet.”

Niki McKenzie, Joint Managing Director for Archangels: “Partnering with our co-investors, Archangels is trying ahead to supporting JC and his staff on this subsequent part of development. As an formidable Scottish tech firm with important international alternatives, iGii is a good instance of the kind of enterprise we put money into to drive long-term development. Having scaled up its manufacturing capabilities, and with this funding secured, iGii now has the platform to understand its development ambitions.”