The Innovation SuperNetwork have worked with Dyman Advanced Materials on a number of occasions. In 2019 they were selected as one of thirteen innovative North East businesses to take part in the Innovation Showcase at VentureFest North East.
Since then, they have secured £75,000 investment through our Regional Angel Investment Accelerator (delivered in partnership with NorthInvest, North East BIC and UKBAA) after pitching at a Newcastle Angel Hub event. The Durham-based startup has developed new technology for synthetic diamond production and will be using the funding to complete the Proof of Concept phase for its synthetic diamond manufacturing technology, and transition to production.
Dr Gary Gibson, founder of Dyman Advanced Materials says of the fund raising process:
‘The whole fundraising process couldn’t have gone smoother. I commend the professionalism and efforts of NorthInvest and Innovation SuperNetwork. Their team’s advice has been invaluable and we’re grateful for the opportunity to engage with investors.’