Cambridge Graphene-Based Startup Paragraf Pulls in $60 million to Rollout Biosensor for Healthcare Industry


Source: techgistafrica.com techgistafrica.com

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Cambridge-based graphene startup Paragraf has raised $60 million funding in a Series B round. The investment was led by US deep tech investor New Science Ventures and saw the participation of Molten Ventures alongside fellow current investors, including Parkwalk, Amadeus Capital Partners, IQ Capital, and new investors such as British Patient Capital through its Future Fund: Breakthrough and US-based In-Q-Tel. The startup , which has already collaborated with CERN, National Physical Laboratory, and Rolls-Royce, will use the funding to expand further and continue its international growth. The funding will also allow it to scale the business, increase sales, boost its...