Nano-technology company Dotz Nano Limited (ASX: DTZ) has successfully raised $3.8 million through a heavily oversubscribed placement.
Funds raised will be focused on the company’s development, manufacture and commercialisation of graphene quantum dots (GQDs).
Hunter Capital and Otsana Capital acted as Joint Lead Manager to the Placement.
Dotz Nano is aiming to produce and supply high quality GQDs for use in various applications including medical imaging, sensing, consumer electronics, energy storage, solar cells and computer storage.