22 January 2013

Sweden’s Graphensic granted €60,000 in business support for graphene on SiC

Linköping University spin-off Graphensic AB of Mjärdevi Science Park, Linköping, Sweden says that the Swedish Energy Agency has granted it about €60,000 in financial support for business development. The firm reckons that the funding will give it increased opportunities for international development of its epitaxial graphene on silicon carbide (SiC). Applications of graphene on SiC range from demanding electronics to various approaches for biosensors.

Graphensic was founded in November 2011 by researchers Rositza Yakimova, Mikael Syväjärvi and Tihomir Iakimov. The firm says that its business development curve during its first year has been evolving internationally with regard to customers, and this is now accelerating. Some of the potential applications are energy related, notes the firm.

Last year Graphensic was selected as one of the 33 hottest technology start-up companies in Sweden. The firm is a member of the LEAD business incubator, which supports start‐up companies from university research.

Graphensic says that the new funding will provide the possibility of benefitting from the vision of an experienced entrepreneur. The financing is intended to be used for a chairman of the board, who will also work part-time with sales and marketing, says Mikael Syväjärvi, co‐founder and project manager for the Energy Agency.

The firm adds that during 2013 it will be in contact with investors since, with the need for production perhaps increasing rapidly, new equipment may be required.

Tags: Graphensic SiC graphene on silicon carbide

Visit: www.graphensic.com