
Amadeus Capital et al. in £2.9m seed round for Paragraf
Venture capital firms Amadeus Capital Partners and IQ Capital Partners, alongside Parkwalk Advisors and some angel investors, have taken part in a £2.9m seed funding round for graphene technology development company Paragraf, a recent spinout from the University of Cambridge.
The funding round was led by Cambridge Enterprise, a wholly owned subsidiary of the University of Cambridge, responsible for the commercialisation of university intellectual property. Cambridge Enterprise provides access to early-stage capital and seed funds, and offers business planning and mentoring.
The fresh capital will be used by Paragraf to support the production of high-quality, large-area graphene on a commercial scale, delivered in device-compatible and functionally targeted forms. The funding will also support the development of graphene-based devices.
Company
Paragraf specialises in the production of two-dimensional materials, primarily graphene, a crystalline allotrope of carbon with high conductivity, strength, low weight and flexibility. It also develops graphene-based devices. Using a proprietary approach, the company has developed a commercial-scale method to produce functionally active graphene with properties targeted to its final device-specific application.
People
Amadeus Capital Partners – Hermann Hauser (co-founder).
Paragraf – Simon Thomas (co-founder, CEO); Colin Humphreys (co-founder, chairman).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater