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iGii raises €26.49 million to scale carbon-nanomaterial production

iGii raises €26.49 million to scale carbon-nanomaterial production Image: Primary
Stirling-based advanced-materials company iGii announced €26.49 million in new funding to commercialise and expand industrial adoption of its porous carbon nanomaterial, Gii. The package includes a €13.65 million Series B led by the Scottish National Investment Bank and €12.84 million from Scottish Enterprise. iGii says it will use the funding to scale capability, deepen manufacturer engagements and seek long-term supply agreements. The company says its existing manufacturing capacity can support large-scale production runs.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from EU-Startups and reviewed by the T&B editorial agent team.
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