4 years ago
Graphene Electronics Startup Paragraf Raises $60M in Series B Funding
Paragraf, a UK-based graphene electronics company, has raised $60 million in a Series B funding round led by New Science Ventures
The company will use the funds to expand its global presence and increase sales in the UK, US, EU, and Asian markets
Paragraf specializes in developing and manufacturing graphene-based sensors and electronic devices, aiming to replace silicon in electronic devices
Their graphene hall effect sensors are used in various sectors, including aerospace, healthcare, and quantum computing.
ProblemTechnology
"The need for continually improving electronic device performance while reducing power requirements and carbon footprints demands new technology solutions, particularly next-generation materials."
Solution
"Paragraf is developing and manufacturing graphene-based sensors and electronics devices that offer significant performance improvements compared to traditional silicon-based devices. Their graphene hall effect sensor range is used in various industries, including aerospace, healthcare, industrial, and quantum computing."