ASince graphene was first synthesized at the University of Manchester in 2004, it has been recognized as a remarkable material—stronger than steel yet lighter than paper. Fast forward 20 years, and not all UK graphene enterprises have been able to harness its full capabilities. Some view the future with optimism, while others face significant challenges.
Derived from graphite, the same substance used in pencils, graphene consists of a lattice-like sheet of carbon just one atom thick, boasting impressive conductivity for both heat and electricity. Presently, China is the leading global producer, leveraging this to secure an edge in the race for microchip production and construction applications.
In the UK, graphene-enhanced low-carbon concrete, developed by the Graphene Engineering Innovation Center (GEIC) at the University of Manchester in collaboration with Cemex UK, was recently installed at Northumbrian Waters in July.
“The material had an overwhelming amount of hype as it came out of academia… the real challenge lies in transitioning it from the lab to actual production,” explains Ben Jensen, CEO of 2D Photonics, a startup that originated from the University of Cambridge, specializing in graphene-based photonics technology for data centers.
Jensen was also behind the invention of Vantablack, a coating made from carbon nanotubes (rolled graphene sheets) renowned as the “blackest black” due to its ability to absorb 99.96% of light. He founded Surrey Nanosystems in 2007, where he sold exclusive artistic rights to sculptor Anish Kapoor, who featured the material on the X6 Coupe to achieve the “blackest black” effect six years ago.
“Shifting to new materials to replace existing technologies presents a significant challenge,” Jensen states. “The value proposition must be compelling, while also ensuring that the material can be manufactured efficiently at scale and priced competitively, otherwise, there’s little point in offering something ten times more costly than existing products.”
German company Bayer attempted to produce large quantities of carbon nanotube items but shuttered its pilot plant over a decade ago when a surge in demand failed to materialize. Currently, this material finds its primary use as a filler to enhance the strength of plastic products. Bayer has referred to the potential applications for nanotubes as “fragmentary.”
More promising is a graphene-based optical microchip created by CamGraPhIC, a branch of 2D Photonics, stemming from research at the University of Cambridge and CNIT in Italy.
Silicon photonics microchips currently translate electrical data into optical signals for transmission through fiber optic cables. The company claims its graphene-based chips can transmit more data in less time and at significantly lower costs.
These chips consume 80% less energy and are capable of functioning across a broader temperature range, minimizing the requirement for costly water and energy-intensive cooling systems in AI data centers.
Transmitting data through silicon often leads to delays. Jensen compares this issue to a 16-lane highway unexpectedly narrowing down to one lane due to construction, slowing down traffic significantly. He argues that graphene photonics functions like an expansive highway with hundreds of lanes.
“Our breakthrough lies in the capability to cultivate stable, ultra-high performance graphene and effectively integrate it into devices,” he asserts. “Keep in mind, this material is only one atom thick, which makes the process particularly challenging.”
CamGraPhIC was established in 2018 by Professor Andrea Ferrari, a Cambridge Nanotechnology professor, who also heads the Cambridge Graphene Center, alongside Marco Romagnoli, head of advanced photonics at CNIT in Pisa and the startup’s chief scientific officer.
The parent company, 2D Photonics, recently acquired £25m in funding from a diverse group of investors, including Italy’s sovereign wealth fund, NATO, the Sony Innovation Fund, Bosch Ventures, and the UK’s Frontier IP Group. The firm will be based in the former Pirelli photonics research facility in Pisa and aims to launch a pilot manufacturing site in the Milan region designed for large-scale production of 200mm wafers, confident in receiving an additional €317m (£276m) in funding by year-end.
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Aside from data centers, the company’s chips have potential uses in high-performance computing, 5G and 6G mobile systems, aviation technologies, autonomous vehicles, advanced digital radar, non-satellite space communications, and beyond.
Paragraph, a spin-out from Cambridge University located in the nearby village of Somersham, has thrived in the past decade with backing from the UK Treasury. The firm creates graphene-based electronic devices, including sensors designed for electric vehicles and biosensors for early disease detection and various applications in medicine and agriculture. Recently, they secured $55 million (£41 million) from a group of investors, including a sovereign wealth fund from the United Arab Emirates, which acquired a 12.8% share in Paragraph.
Graphene Innovations Manchester, a fledgling company started by Vivek Konchery in 2021, finalized a deal with Saudi Arabia in December for the first commercial production of graphene-enhanced carbon fiber. This material will be utilized in constructing roofs, facades, and light poles. Production has begun in Tabuk with local partners, with an expected output of 3,000 tons by 2026.
Conversely, other companies are facing harsher realities. One of the pioneering firms in this domain, Applied Graphene Materials, was launched in 2010 by Professor Carl Coleman, a spin-out from Durham University. It introduced various products, such as anti-corrosion primers and bike detail protection sprays, which became available in Halfords stores. However, the struggling company declared bankruptcy in 2023, resulting in its main operations being acquired by Canada’s Universal Matter.
Ron Mertens, the owner of Graphene-Info, remarked, “As is often true in the broader materials industry, the path to market can be lengthy. Many graphene producers and developers have yet to generate substantial revenue or profit.”
Versarian, located in Gloucestershire, expanded from a garage startup with support from the government agency Innovate UK. They developed graphene powder and other products for usage in sensors, low-carbon concrete, paints, electronic inks, textiles, and more, including running gear and prototype stealth technologies for the US military.
The AIM-listed firm sought to establish operations in Spain and South Korea, but encountered financial troubles, leading several subsidiaries to enter administration or voluntary liquidation in July. Versarian is now looking to sell off assets, such as its patent portfolio, and currently has enough funds to last only until the end of October.
Depending on the nature of the upcoming transactions, this may trigger a liquidation process for the company or a financial shelter. Their investment agreement with a Chinese partner collapsed after the British government intervened to block any technological collaboration, marking a somber potential finale for what was once a promising graphene venture.
Source: www.theguardian.com

