Samsung Ventures has invested an undisclosed amount in advanced materials company XG Sciences, for it to progress towards the commercialisation of its large-scale graphene applications.
XG Sciences, a US-based manufacturer of graphene-based materials, has closed on a strategic investment led by Samsung Ventures. The investment will be used to fund additional research and development of the company’s advanced materials.
Philip Rose, XG Sciences chief executive officer, said: “The investment from Samsung is a real honor for XG Sciences,and it represents another significant milestone in our progress toward commercialization of large-scale graphene applications. A number of applications…
