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) made the investment. Led by Co-founder & CEO Yehuda Borenstein, LIGC Application is pioneering new technology, offering a scalable approach for producing and patterning porous graphene foam, using a commercially available laser in ambient temperature. Air filters are in airplanes, ships, schools, offices, and homes. The technology was developed by Houstonâ€™s Rice University in partnership with Ben-Gurion University (BGU) of the Negev in Israel and was licensed from BGN technologies, the technology transfer company of BGU.