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Dec 16th, 2011
Vorbeck materials closes series 3 round of financing
Vorbeck Materials Corp. announced that it has completed a fully subscribed series 3 financing, which closed December 9, 2011, with a total value of $10 million. Black Powder, LLC and Fairbridge Venture Partners, LP led the round, which included 15 additional investors.
Vorbeck uses a new materials technology, graphene, to enable transformational innovations in industries ranging from consumer goods to aerospace. Vorbeck is the leading manufacturer of high-quality, single sheet graphene. Vorbeck is the first company in the world with graphene-based products in the market. Vorbeck is only company to receive EPA approval for the commercial production and sale of graphene-based products.
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