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

Aviva Launches Insurance App on ChatGPT, Enhancing Customer Interactions

The new app aims to simplify insurance queries and support for users.Highlights: Aviva introduces an insurance app on...
FinTech

NatWest Strengthens Mortgage Offerings with Pexa Digital Platform

Banking giant NatWest implements Pexa platform for streamlined digital mortgages.Highlights: NatWest integrates Pexa's platform for digital mortgages.The initiative...
FinTech

Visa Strengthens Role as Super Validator in Canton Network

Visa's new position enhances blockchain transaction verification in the Canton network.Highlights: Visa becomes a super validator within the...
FinTech

Monument Bank to Tokenise Retail Deposits, Enhancing Digital Banking Access

New initiative aims to modernize retail banking and improve deposit management.Highlights: Monument Bank plans to tokenize retail deposits...