Fundz

Hydrograph Clean Power Completes Oversubscribed $4.2 Million Financing To Accelerate Commercial Sales

PRIVATESep 15, 2022

Amount Raised

$4.2 Million

Round Type

Seed

VancouverManufacturing

Description

HydroGraph Clean Power Inc. (CSE: HG.CN) ("HydroGraph" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement ‎(the “Private Placement”) of units of the Company (the “Units”), pursuant to which the Company issued 35,151,666 Units at a price of $0.12 per Unit, for aggregate gross proceeds of $4,218,199.96.

Quick answer

HydroGraph raised $4.2 Million in a Seed round, dated September 15, 2022. HydroGraph is based in Vancouver, British Columbia, Canada.

How much did HydroGraph raise?
HydroGraph raised $4.2 Million in a Seed round on September 15, 2022.
What does HydroGraph do?
HydroGraph Clean Power Inc is a leading producer of pristine graphene using an “explosion synthesis” process, which allows for exceptional purity, low energy use and identical batches.
Where is HydroGraph based and how big is it?
HydroGraph is based in Vancouver, British Columbia, Canada. Fundz records about 32 employees.
Who are the decision-makers at HydroGraph?
Fundz holds 3 contacts at HydroGraph, including the Director of Business Development. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing around the same time

Companies in the same sectors as HydroGraph that raised within 45 days of this round, from Fundz verified event records.

  • MED-X raised $100K on October 28, 2022.
  • Scythe Robotics raised $2M (Seed) on October 28, 2022.
  • DetraPel raised $5.3M on October 28, 2022.
  • Ostara raised $70M (Funding Round) on October 28, 2022.
  • Cruz Foam raised $18M (Series A) on October 28, 2022.
  • Buddha Brands raised $3.9M (Seed) on October 27, 2022.

Who to call at HydroGraph, and when

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Company Information

Company

HydroGraph

Location

Vancouver, British Columbia, Canada

About

HydroGraph Clean Power Inc is a leading producer of pristine graphene using an “explosion synthesis” process, which allows for exceptional purity, low energy use and identical batches. The quality, performance and consistency of HydroGraph’s graphene follows the Graphene Council’s Verified Graphene Producer® standards, of which very few graphene producers are able to meet. We have leveraged our material performance, scalability and cost to build 10 metric tonnes of annual production capacity, with the ability to scale up production in just months using very low CAPEX, while engaged in numerous R&D projects and discussions with multiple potential partners and customers to supply our pristine graphene.

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Related People

3 contacts
Verified contactsTom E., Director of Business Development hidden hidden hiddenSee plans and pricing
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HydroGraph raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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