A mass producer of graphene-based electronic devices has landed £41m Series C funding round after a lengthy approval process which saw it come within two weeks of running out of cash. The now-completed deal gives Mubadala a 12.8% stake in the business after ministerial approval and, despite the delays, it puts Paragraf in a position to ramp up production and bring its graphene-based chips closer to mass-market deployment. “This investment is a strong signal of confidence in Paragraf and our mission in the face of global economic uncertainty,” said Thomas. “This new funding will enable us to expand production of faster, more energy-efficient technologies to the scale required by major commercial opportunities. “In what is a particularly challenging funding environment, we’ve attracted strong interest and are pleased to have secured the backing of both new and existing partners who share our vision for transforming electronics with graphene.”

Source: The Times August 27, 2025 00:32 UTC