Observed Signal · Sep 16, 2026 · Funding · Source: EU-Startups (European Venture) · Impact: 1/5 · Sentiment: Positive
iGii secures €26.5M to commercialize carbon nanomaterial
Scottish deep-tech company iGii raised €26.49 million to accelerate the commercialization of its proprietary carbon nanomaterial, Gii. The round includes a €13.65 million Series B led by Scottish National Investment Bank, with participation from PXN Ventures and Archangels, plus €12.84 million from Scottish Enterprise. Gii is a 3D porous carbon nanomaterial grown at room temperature, aiming to replace constrained critical materials like platinum and gold. The funding will support scaling manufacturing, expanding commercial engagements, and growing the team to nearly 70 employees.
This is a significant funding round for a deep-tech startup, but it is not directly related to adtech, martech, or advertising. The material science innovation may have indirect industrial implications but does not impact the advertising technology ecosystem.
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Key Takeaways & Evidence Grounding
- iGii raised €26.49 million (£22.7 million) in funding.
- Series B of €13.65 million led by Scottish National Investment Bank, with PXN Ventures and Archangels.
- Scottish Enterprise provided €12.84 million (£11 million).
- Gii is a proprietary 3D porous carbon nanomaterial grown at room temperature.
- iGii plans to grow its team to nearly 70 by end of year.
Ontology Mapping & Concepts
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