Graphensic, a spin-off of Swedish Linköping University announced today that it has been awarded a €60,000 grant by the Swedish Energy Agency. The funding will give the company increased opportunities for international development of graphene on silicon carbide.
Graphensic was founded in 2011 by researchers Rositza Yakimova, Mikael Syväjärvi and Tihomir Iakimov. The main direction of development revolves around graphene grown on silicon carbide, which results in high-quality graphene. Applications range from ultrafast electronics to biosensors. The company stated that applications also include energy harvesting.
The grant will be used as an investment in company management. In particular, the €60,000 will go towards funding a chairman of the board, who will also be working with sales and marketing, says Mikael Syväjärvi, co‐founder and project manager for the Energy Agency.
Swedish research has shown to be leading in manufacturing graphene on silicon carbide. Last year Graphensic was selected as one of the 33 hottest technology start‐up companies in Sweden. The company is a member of the LEAD Incubator that supports university spin-offs.
The company will be in contact with investors during 2013 to try and procure capital for a foreseen hike in production, which may result in a need for new equipment.