Nanoco, a nanomaterials spinout from University of Manchester, expects its new subsidiary can solve the problem of producing 2D materials at commercial scale.

Nanoco, a UK-based nanomaterials spinout of University of Manchester, has launched a wholly-owned subsidiary called Nanoco 2D Materials with £400,000 ($540,000) in convertible seed financing from the university.

Nanoco 2D Materials will seek a cost-effective process for the commercial manufacture of 2D materials – substances one or two atoms thick that can enhance electronic and industrial products such as LEDs or photovoltaics.

It will ensure enough funding is attained to advance what Nanoco regards as strong progress developing the production…