Insights from industry

Cientifica Announces Investment in Rainmaker Technology, Graphene Product Developer

It was announced today that Cientifica PLC has agreed options to invest up to 49.9% in Rainmaker Technology, an developer of advanced materials products based in Cheshire.

Cientifica is an incubator for early-stage advanced materials companies, currently focused primarily on graphene. AZoNano caught up with Cientifica CEO, Tim Harper, to discuss this latest investment.

How is Cientifica approaching the graphene market?

Our focus at Cientifica is really on the applications of graphene. Recently we have been seeing the same thing with graphene that happens with many advanced materials - everyone jumps on the technology first because it's really exciting, and then tries to work out where the market is afterwards.

Tim Harper, CEO of Cientifica
Tim Harper, CEO of Cientifica

Our approach is really to identify a clear market need first, and make sure we have channels to market available. Then we determine how disruptive the product will be - we are interested in true game-changers, not incremental improvements. Only then do we worry about the technology.

When it comes to graphene in particular, funding for technology at the academic stage is relatively easy to come by in the UK and in Europe, and we have a huge number of people working with graphene at that level within our network, so getting hold of the technology is not really the issue.

How does the Rainmaker investment fit into this strategy?

Both Cientifica and Rainmaker have both been looking at a whole range of different potential applications for graphene, from infrared heating, to filtration, to personal wellness. Rather than setting up these different interests as separate companies, with their own management, scientists, design teams, etc.,

Rainmaker will allow us to bring all these technologies under one roof. This will allow them to share facilities, iterate much faster, and get to a viable product much faster. Aggregating technologies also reduces the risk - if one of these applications fails, there will be three of four more in the pipeline.

Will Cientifica be making more of this sort of investment?

Yes, certainly. We keep our ear very close to the ground, and we are interested in all kinds of things. We are not looking for things that might turn into a 10-year research program, however. We have seen that sort of thing in the past, with field emission displays for example.

They looked fantastic, but there were technical issues that took a few years to resolve - by the time they were viable LCDs had advanced so much that there was no longer a rationale for bringing FE displays to market.

That's always a risk you run with technologies that will take a long time to get to market. With graphene now, people are looking at touchscreens, or terahertz electronics - those things might be 5, 8, or 10 years away. Right now we are looking at applications that we can get out into the market in the short term.

Rainmaker will work closely with graphene supplier Perpetuus Carbon Technology to provide materials for its products, and plans to bring new products to market within the next year.

Disclaimer: The views expressed here are those of the interviewee and do not necessarily represent the views of AZoM.com Limited (T/A) AZoNetwork, the owner and operator of this website. This disclaimer forms part of the Terms and Conditions of use of this website.

Will Soutter

Written by

Will Soutter

Will has a B.Sc. in Chemistry from the University of Durham, and a M.Sc. in Green Chemistry from the University of York. Naturally, Will is our resident Chemistry expert but, a love of science and the internet makes Will the all-rounder of the team. In his spare time Will likes to play the drums, cook and brew cider.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Cientifica Ltd. (2019, January 16). Cientifica Announces Investment in Rainmaker Technology, Graphene Product Developer. AZoNano. Retrieved on November 30, 2021 from https://www.azonano.com/article.aspx?ArticleID=3831.

  • MLA

    Cientifica Ltd. "Cientifica Announces Investment in Rainmaker Technology, Graphene Product Developer". AZoNano. 30 November 2021. <https://www.azonano.com/article.aspx?ArticleID=3831>.

  • Chicago

    Cientifica Ltd. "Cientifica Announces Investment in Rainmaker Technology, Graphene Product Developer". AZoNano. https://www.azonano.com/article.aspx?ArticleID=3831. (accessed November 30, 2021).

  • Harvard

    Cientifica Ltd. 2019. Cientifica Announces Investment in Rainmaker Technology, Graphene Product Developer. AZoNano, viewed 30 November 2021, https://www.azonano.com/article.aspx?ArticleID=3831.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this article?

Leave your feedback
Submit