Scottish nanomaterial producer secures £8.8 million funding

Nanomaterial producer iGii has announced £8.8m in new funding.

The Stirling-based company, formerly known as Integrated Graphene, will use the funds to accelerate customer projects, increase its manufacturing capacity, and deepen its research and development.

The company also plans to expand its facilities in order to make room for more local jobs.

The round was led by a £4m injection from the Scottish National Investment Bank, with a further £4.8m coming from existing shareholders Archangel Investors and Par Equity, both of which first invested in the business in 2020.

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