University of Cambridge's Paragraf has secured Draper Esprit as an additional series A investor after launching its first graphene-based electronics product.
Paragraf, a UK-based graphene electronics producer spun out of University of Cambridge, increased its series A round to £16.2m ($21.3m) yesterday having secured venture firm Draper Esprit as an additional backer.
The extension follows a $16m series A sum disclosed in July 2019 that was led by Parkwalk Advisors, a fund management arm of commercialisation firm IP Group.
The series A round was also backed by Cambridge Enterprise, the university’s commercialisation arm, as well as Amadeus Capital…
