How Much Did iGii Raise?
Funding & Key Investors

iGii, a Stirling-based pioneer in advanced material science, has successfully secured a major strategic investment, bringing its total funding to $11.2M. This latest capital infusion, totaling $11.2M, underscores the market's growing confidence in the company's proprietary Gii technology. As the firm transitions into a more mature phase of enterprise-level operations, this financing serves as a critical catalyst for scaling production and expanding its footprint in the global diagnostics sector.

The investment round reflects a robust commitment from institutional backers who recognize the transformative potential of 3D carbon nanostructures. By securing this backing, iGii is well-positioned to accelerate its research and development cycles, ensuring that its sustainable, highly sensitive material remains at the forefront of point-of-care diagnostic innovation.

What is iGii?

iGii
Business ServicesResearch & DevelopmentChemicals & Related Products

iGii operates at the intersection of nanotechnology and industrial application, specializing in the production of Gii, a pure, porous, 3D carbon nanostructure. This material possesses extraordinary physical and chemical properties, making it an ideal candidate for high-sensitivity sensor applications. By leveraging its unique structural characteristics, iGii is actively disrupting the point-of-care diagnostics market, providing a sustainable and efficient alternative to traditional sensing materials. The company's multidisciplinary team of scientists and engineers is dedicated to bridging the gap between laboratory-scale innovation and large-scale industrial deployment, positioning iGii as a key player in the next generation of deep tech solutions.

How much funding has iGii raised?

iGii has raised a total of $11.2M across 1 funding round:

2024

Other Financing Round

$11.2M

Other Financing Round (2024): $11.2M with participation from Archangel Investors, Scottish National Investment Bank, and Par Equity

Key Investors in iGii

Scottish National Investment Bank

The Scottish National Investment Bank is a development investment bank established to provide long-term, patient capital investments for businesses, projects, and communities across Scotland. Its mission is to support the development of a fairer and more sustainable economy by encouraging both public and private capital investments.

Par Equity

Par Equity is a venture capital firm based in Edinburgh and Leeds, specializing in investing in innovative, high-growth technology companies from Seed to Series A. With a focus on deep tech and enterprise software, the company seeks to partner with exceptional teams to bring disruptive technologies to market.

Archangel Investors

Archangel Investors is a prominent business angel syndicate based in Scotland, focusing on early-stage technology and life sciences companies. They provide not only capital but also strategic mentorship to help high-potential startups scale their operations effectively.

What's next for iGii?

With the recent influx of capital, iGii is poised to scale its manufacturing capabilities to meet the rising demand for high-performance diagnostic sensors. The strategic focus will likely shift toward commercializing its Gii platform across broader industrial sectors, including environmental monitoring and advanced healthcare diagnostics. By leveraging the expertise of its institutional partners, the company aims to solidify its market position, optimize its supply chain, and drive long-term value through sustainable technological advancement. The path forward involves rigorous product validation and the expansion of its commercial partnerships to ensure that Gii becomes the industry standard for sensitive, sustainable sensing applications.

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Frequently Asked Questions Regarding iGii Financial Insights

What are the most recent funding rounds that iGii has completed, and what were the funding rounds?
iGii has recently completed 1 funding rounds: Other Financing Round on Jul 3, 2024.
What is the total amount of funding iGii has raised to date?
iGii has raised a total of $11.2M in funding to date.
How many funding rounds has iGii completed?
iGii has completed 1 funding rounds.
How much funding did iGii raise in its most recent funding round?
iGii raised $11.2M in its most recent funding round.
Who are the lead investors in iGii's latest funding round?
The lead investor in iGii's latest funding round was Archangel Investors. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in iGii's history?
The largest funding round in iGii's history was $11.2M.
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