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Posted: Dec 05, 2013

Repsol and CDTI Invest a Million Euros in Graphenea

(Nanowerk News) Repsol and the Centre for Industrial Technological Development (CDTI in its Spanish initials), a body dependent on the Ministry of the Economy and Competitiveness, have signed an agreement with the Graphenea company through which both will invest jointly a million euros in the share capital of these technological companies.
Graphenea is a start-up company which has developed innovative technology for the production of high-quality graphene and whose products are supplied to 40 countries and to multinationals such as Nokia, Philips and Sigma-Aldrich, amongst others. This is a company which was founded in 2010, in the Basque city of Donostia-San Sebastián, by a group of private investors and the CIC nanoGUNE research centre.
This co-investment, carried out within the remit of the INNVIERTE programme, within the area of new energies, will reinforce technological capacity, help business growth and, moreover, will enable the company’s international leadership to be maintained within the emerging sector of graphene production. In this sense, the funds will be implemented for accelerating the company’s business plan for industrialisation.
Graphene is a new nanomaterial made up of a single layer of carbon atoms and which has extraordinary optical, electrical, thermal and mechanical properties. This makes it for being in high demand in the development of new disruptive technologies for the storage and generation of energy. Specifically, in this vein, products made from it are employed in making batteries, supercondensers, solar cell and thermal management devices. Moreover, its materials are also used as polymer or resin additives.
Source: Graphenea (press release)
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