Samsung invests in XG Sciences, to co-develop graphene-based batteries


XG Sciences¬†announced that Samsung Ventures placed a strategic investment in the company. XGS did not disclose the terms of the investment, but they said that it will be used to “fund additional research and development of the company‚Äôs advanced materials”.

XG Sciences also plans to formalize their development work with Samsung SDI (the world’s largest Li-Ion battery maker) in a joint development program aimed at next-generation batteries for consumer electronics and other devices.

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Co-founder and Co-Executive Director, Graphene Stakeholders Association