Interest in graphene centres on its excellent mechanical, electrical, thermal and optical properties, its very high specific surface area, and our ability to influence these properties through chemical functionalization. There are a number of methods for generating graphene and chemically modified graphene from graphite and derivatives of graphite, each with different advantages and disadvantages. Here we review the use of colloidal suspensions to produce new materials composed of graphene and chemically modified graphene. This approach is both versatile and scalable, and is adaptable to a wide variety of applications.