FinTechFunding

LIGC: Raises $3M in Series A Funding

  • LIGC, an Israeli maker of Laser-Induced Graphene filters (LIG), raised $3M in Series A funding
  • Wuhan-based public listed company Hubei Forbon Technology Co. Ltd (300387.SZ) also made the investment
  • Then the company intends to use the funds to scale and manufacture its filters
  • Air filters are in airplanes, ships, schools, offices, and homes
  • The technology developed by Houston’s Rice University in partnership with Ben-Gurion University (BGU) of the Negev in Israel and licensed from BGN technologies
  • It utilizes graphene’s conductivity to run an electric current through the filter
Previous article
ZenSports: Closes $1.46M Seed Funding
Next article
Nearmap: Opens $20 million share purchase plan
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

FinTech

Coinbase Lists First GBP Stablecoin, Expanding Market Options

The new stablecoin aims to enhance trading in the UK market.Highlights: Coinbase has launched the first GBP stablecoin.This...
FinTech

Former Royal Mint Executives Secure Backing for Precious Metals Trading Platform

New platform aims to modernize precious metals trading for investors.Highlights: Former Royal Mint executives launch a new trading...
FinTech

Coastal Bank Partners with Tempo to Strengthen Cross-Border Money Transfers

The partnership aims to enhance international money movement solutions.Highlights: Coastal Bank has partnered with Tempo for improved cross-border...
FinTech

Lloyds Accelerates Homebuying with Fully Digital Service

New platform aims to reduce waiting times for mortgage approvals.Highlights: Lloyds introduces a fully digital homebuying service.Service aims...