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CrayoNano specializes in semiconductor wires grown on graphene. The company, founded in June 2012, is a spin-off of the Norwegian University of Science and Technology. The startup was funded by the Norwegian government. In September 2012, the company issued a widely reported on press release, promising a wide range of applications, including solar panels, LEDs, and flexible mobile phones. We are almost certain that this release was a call to investors, even if as part of the release the chief scientist Dr. Weman claimed that IBM and Samsung have shown interest in collaborating with CrayoNano. The product seems to have potential, although some research is still needed before it is shown to work as part of a solar cell or photodiode, for example, and before the costs are brought to acceptable levels for mass production. That being said, given the early stage of CrayoNano, they are probably looking for relatively small investments, which could be attractive to more adventurous investors. The company is also seeking industrial partners.