Italy-based BeDimensional has secured €20m in venture debt financing from the European Investment Bank (EIB).
The company produces Few-Layer Graphene (FLG) and Few-Layer Hexagonal Boron Nitride (FLhBN or FLB) with atomic-level thickness.
BeDimensional aims to increase production of these two-dimensional crystals for industrial use at competitive costs.
The funds will increase capacity to produce two-dimensional crystals more than tenfold to over 30 tonnes a year by 2028.
BeDimensional will build a second plant in Italy to scale up production of FLG and FLB by 2027.
The firm's technologies are applied across industries, in energy storage and conversion, smart textiles, paints, coatings, and composite materials.
Quality checking and stringent quality control standards ensure high-performance, durability and enhanced functionality for the materials produced.
The company plans to use graphene instead of graphite to tackle supply chain issues and risks related to raw material sourcing for 2D crystals.
BeDimensional technology has been formulated into paints for companies in the energy and marine sectors to improve thermal management and protect against corrosion, UV damage, and ageing.
BeDimensional is searching for new investors and clients from across the globe.