BeDimensional, an innovative Italian start-up, has successfully secured financial support from the European Investment Bank (EIB) to boost its capacity for producing graphene and other ultra-thin crystals. This move is crucial as the European Union seeks to reduce its dependence on imported materials vital for its energy transition. The company's advancements in the graphene production process highlight the importance of local capabilities, which can lower overall costs. Additionally, BeDimensional's new facility will significantly contribute to the increasing demand from various companies looking to expand their operations.
Known for its exceptional electrical and thermal conductivity, graphene plays a pivotal role in enhancing the storage capacity of lithium-ion batteries. BeDimensional emphasizes its potential to revolutionize energy storage solutions.
Friday, BeDimensional will inaugurate a new production facility in Genoa, Italy, with an initial capacity exceeding three tonnes of graphene annually. The company plans to ramp up output to over 30 tonnes per year by 2028, supported by a €20 million ($21.7 million) loan from the EIB.
In addition to EIB support, BeDimensional's existing shareholders, including the venture capital branch of Eni and the Italian state lender CDP, will contribute an additional €5 million to bolster the company's development plans.
As a spin-off from the Italian Institute of Technology (IIT), BeDimensional focuses not only on graphene but also on manufacturing a super-thin boron nitride powder, which serves as a corrosion-resistant electrical insulator for textiles and leather applications.
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BeDimensional secures EIB support to enhance graphene production capacity, aiming to meet the EU's energy transition needs.
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