iGii

Investor: Scottish National Investment Bank

Advanced materials pioneer iGii has raised £22.7 million in a Series B investment round led by the Scottish National Investment Bank.Summary of transaction details:Value: £22.7 millionSector: Industrials & EnergyAdvisor: Not disclosedKey Entities: iGii, Scottish National Investment BankLocation: United KingdomNote: The capital will support iGii's growth and production expansion as it develops advanced materials designed for industrial applications.

Investor: Scottish National Investment Bank

Scottish advanced carbon nanomaterials company iGii has raised £22.7 million in new funding, including an £11.7 million Series B round led by the Scottish National Investment Bank alongside £11 million from Scottish Enterprise, to accelerate the commercialisation of its proprietary material, Gii.Summary of transaction details:Value: £22.7 millionSector: DeepTech & AIAdvisor: Not disclosedKey Entities: iGii, Scottish National Investment Bank, PXN Ventures, Archangels, Scottish EnterpriseLocation: Scotland, United KingdomNote: The funding package will accelerate the industrial scaling of Gii, providing a scalable and sustainable alternative to constrained raw materials such as platinum and gold across diagnostics, sensing, and energy storage.

Investor: Archangels, Scottish Enterprise, PXN Ventures, Scottish National Investment Bank

Investor: Par Equity, Scottish National Investment Bank