a year ago

iGii Secures £8.8M Funding to Boost Nanomaterial Production and Expand Healthcare Applications

  • iGii, a Stirling-based nanomaterial producer, has secured £8.8 million in funding to accelerate its growth

  • The company has developed Gii™, a 3D foam made from carbon atoms, offering a cost-effective alternative to traditional sensing materials

  • The funding round was led by a £4 million investment from the Scottish National Investment Bank, with additional contributions from existing shareholders Archangel Investors and Par Equity

  • The funding will be used to scale manufacturing of Gii-Sens™, a highly sensitive component for point-of-care diagnostic sensors, as well as further research and development into other applications of Gii™.

      • ProblemTechnology

      "Traditional sensing materials, like gold, are expensive and difficult to scale up for mass production. This makes it challenging to create affordable, accurate sensors for various applications, especially in healthcare, agriculture, and environmental monitoring."

      Solution

      "iGii has developed Gii™, a 3D foam made from carbon atoms, that offers the desirable properties of graphene (sensitivity, flexibility, conductivity) without the scale-up challenges. It's manufactured using a low-energy, chemical-free process, making it cost-effective and environmentally friendly. Gii-Sens™ is a highly sensitive and accurate component for point-of-care diagnostic sensors that delivers precise, lab-quality results for various illnesses."

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