Lansing, MI – According to filings with the U.S. Securities and Exchange Commission, XG Sciences is raising $10,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Philip Rose played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About XG Sciences

XG Sciences, Inc., formed in May 2006, is a pioneer and market leader in the design and manufacture of graphene nanoplatelets.  Graphene nanoplatelets are particles consisting of multiple layers of graphene and are considered a game changer for numerous industries.  XGS’ graphene nanoplatelets, trademarked under the name xGnP, have demonstrated performance impacting multi-billion dollar markets and have unique capabilities for energy storage, thermal conductivity, electrical conductivity, barrier properties, and the ability to significantly improve mechanical properties when incorporated into plastics or other matrices.

To learn more about XG Sciences, visit http://www.xgsciences.com/

Contact:
Philip Rose, Chief Executive Officer
517-703-1110
p.rose@xgsciences.com
https://www.linkedin.com/in/philip-rose-07752b1/

SOURCE: http://www.intelligence360.io
Copyright (c) 2020 SI360 Inc. All rights reserved