Urbix Resources was formed to commercialise research into manufacturing graphene conducted at University of Arizona.
Urbix Resources, a US-based graphite production spinout from University of Arizona, closed an oversubscribed $3.5m series A round today backed by unnamed, existing investors.
Unnamed members of the spinout’s management team and a Mexico-based management company also participated in the round.
Urbix Resources operates a graphite production plant in Mexico that supplies graphite ore which is subsequently refined into graphene powders and other graphite-derived products.
Graphene is a two-dimensional material sought for its light, compact profile and…