We are happy to announce a new investment!
Walerud Ventures has together with ABB Technology Ventures led a seed round from five investors in Graphmatech AB, a Swedish materials technology startup.
Graphmatech has invented a technology to keep graphene flakes separate. The result, Aros Graphene®, is a powder that can be well dispersed in metals, polymers and fluids, utilized to coat surfaces or 3D-printed without loss of graphene’s properties.
Graphene, the two-dimensional, one atom thick carbon structure, is the strongest material the world has ever seen. It has extremely high electrical and thermal conductivity and is ultra-light and transparent. Graphene is expected to revolutionize engineering materials as well as the power and electronics sectors, but industrial adoption has been slow since its isolation in 2004, mainly due to agglomeration issues. In production, graphene flakes have tended to stick together and thereby lose graphene’s remarkable properties. Graphmatech has solved this issue.
Malin Carlström, responsible for investments in Northern Europe, will represent ABB Technology Ventures on the board.
“From day one, I have been impressed by the founding team and the properties of Aros Graphene®, says Malin Carlström. “Graphmatech is based on solid research and its potential application areas have also sparked great interest within the ABB organization, resulting in a number of ongoing collaboration projects.”
Jane Walerud chairs the board and works actively alongside the management team. Jane is one of Sweden’s top business angels.
“I’m excited to help build Graphmatech, Europe’s next big industrial company. Graphmatech will significantly reduce the environmental impact of many industries by enabling the use of graphene in industrial processes and products at scale.”
Read more in among others, Breakit and Di Digital.