Graphjet Technology

What Graphjet Technology does

Graphjet Technology is a Malaysia-based (Shah Alam) manufacturer of artificial graphene and graphite materials, founded around 2019–2020 and listed on Nasdaq under the ticker GTI. The company's core offering is battery-grade artificial graphene and graphite produced through a patented process that converts palm kernel shells — a by-product of palm seed oil production — into materials suitable for lithium-ion battery anodes and electronics applications. This feedstock choice positions Graphjet as a sustainable alternative to conventional mined or petroleum-derived graphite, supported by strategic collaborations with Malaysian research institutions.

The company's commercial posture is early-stage: it employs 51–100 people, has no publicly disclosed pricing, and describes customer relationships as ongoing discussions with multinational battery and electronics manufacturers rather than executed supply contracts. CEO Chris Lai and founder/CEO Aiden Lee Ping Wei (per leadership roster) are both referenced as company leaders across sources, a conflict noted here rather than resolved. The go-to-market motion is enterprise field sales targeting large manufacturers via direct supply agreements.

The capital structure and public-market standing are under stress. Graphjet was suspended from trading on Nasdaq on November 13, 2025, entered a master loan agreement with a single liquidity provider (International Liquidity, LLC) in October 2025, and in December 2025 received shareholder approval to raise authorized share capital from $50,000 to $6,000,000 alongside substantial new share issuances. Provided financial figures (reported revenue of approximately $92.8B and net losses in the tens of trillions for 2025) are internally inconsistent with company scale and are treated as unreliable; qualitative evidence indicates the business remains pre-commercial.

Name

Graphjet Technology

Legal name

Graphjet Technology

Website

https://graphjettech.com

Company type

Public

Founded year

2020

Operating status

Operating

Headcount range

51–100 employees

Short description

Graphjet Technology is a Malaysia-based manufacturer that uses a patented process to convert palm kernel shells into battery-grade artificial graphene and graphite for battery and electronics manufacturers.

Ownership category

akta.pro rank

Product category

Battery Materials Manufacturing

NAICS

Carbon and Graphite Product Manufacturing (335991)

akta.pro primary industry

Functional Carbon Fillers (Carbon Black, Graphite) (IMAEAFAO)

Keywords

• Artificial graphite production
• Graphene materials manufacturing
• Battery anode materials
• Sustainable carbon materials
• Palm kernel shell processing

Headquarters

HQ city

Shah Alam

HQ country

Malaysia

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Technology or R&D, Personnel, Marketing or Sales

Revenue model

1. Battery Materials Sales: Graphjet Technology manufactures and sells artificial graphene and graphite produced from palm kernel shells to manufacturers in the battery and electronics industries.

Go-to-market motion1 record

Distribution channels1 record

Core offering

Graphjet Technology manufactures and sells artificial graphene and graphite materials produced through a patented process that converts palm kernel shells—an agricultural by-product of palm seed oil production—into battery-grade materials. The company supplies these sustainable carbon materials to battery manufacturers (for anode materials and energy storage) and electronics manufacturers.

Product overview

Graphjet Technology is a manufacturer that produces artificial graphene and graphite using a patented process that converts palm kernel shells—a by-product of palm seed oil production—into battery-grade materials. The company positions itself as sustainable by utilizing renewable agricultural waste rather than traditional mineral or petroleum sources. Graphjet Technology supplies these materials to manufacturers in the battery and electronics industries.

Differentiator

Problem solved

Functional benefit

Products and services

• Artificial Graphene and Graphite Materials Battery-grade artificial graphene and graphite produced through a patented process that converts palm kernel shells—an agricultural by-product of palm seed oil production—into sustainable carbon materials for battery and electronics manufacturers.

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered core.

• Malaysian Research InstitutionscoreStrategic or Co-development PartnerStrategic collaborations with Malaysian research institutions supporting Graphjet Technology's production methods for converting palm kernel shells into graphene and graphite materials.
• Multinational Firms (Discussions)coreStrategic or Co-development PartnerOngoing discussions with multinational firms for graphite supply partnerships. The company plans to finalize collaborations and supply agreements with customers in the coming weeks.

Scale indicators4 records

Recent moves8 records

Expansion highlights4 records

Direct peers

• Renascor Resources: Australia-listed developer of a vertically integrated graphite mine and battery anode material operation, with a stated focus on sustainable, low-cost production—directly comparable as a battery-grade graphite anode materials peer pursuing ESG-aligned positioning.
• Talga Group: Sweden-listed developer of graphite anode materials using proprietary process technology for lithium-ion batteries—directly comparable as a process-driven, ESG-aligned graphite anode material peer with a similar technology-to-battery-customer value chain.
• Syrah Resources: Producer of natural graphite and vertically integrated supplier of battery anode material (active anode material) for lithium-ion batteries—directly comparable as a graphite-based battery anode materials peer competing for the same customer base.
• Nouveau Monde Graphite: Canada-based developer of battery-grade graphite materials targeting lithium-ion battery anode customers with an ESG-aligned positioning—directly comparable to Graphjet's battery-grade graphite offering and ESG-led go-to-market strategy.
• Novonix: Battery materials and technology company developing synthetic graphite anode material for lithium-ion batteries, serving cell makers and OEMs—directly comparable as a synthetic graphite anode material peer targeting the same enterprise customers.
• Northern Graphite: Graphite miner and processor focused on producing battery-grade anode materials for EV and energy storage customers—directly comparable as a graphite-to-battery-anode peer operating in the same downstream end-markets.

Broad incumbents

• SGL Carbon: Large established manufacturer of carbon and graphite-based products serving industrial, automotive, and energy applications—broadly comparable as an incumbent in the carbon and graphite products space overlapping with Graphjet's core carbon materials offering.
• Tokai Carbon: Global Japanese carbon and graphite product manufacturer with a broad portfolio across industrial carbon blacks, graphite electrodes, and fine carbon—broadly comparable as a diversified incumbent operating in the carbon materials space that Graphjet competes in.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks7 records

Key highlights6 records

Customer concentration

• Xx.com/GraphjetTech
• Facebookfacebook.com/GraphjetTech

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Graphjet Technology