Graphene nanomaterials are increasingly important with their distinct properties such as high electrical conductivity, high contact surface area and enormous stability. Therefore, graphene has been used as promising catalyst support in energy conversion and storage systems. In order to achieve high catalytic activity a specifically guided growth of catalyst on graphene support surface with delicate controllability is highly preferred. Therefore, we modify graphene surface in two different ways such as graphene functionalization with various active functional groups and fabrication of nanocomposites with intrinsically conducting polymers e.g. polypyrrole (PPy). We have successfully modified graphene oxide by the functionalization with free amine groups (GO-NH2), RGD peptide (GO-RGD) and Nitrogen doping (N-GO). Platinum (Pt) catalyst nanoparticles have been deposited on these functionalized GO (f-GO) using ethylene glycol modified method. The dispersion of Pt deposited F-GO has been enhanced and stable optimized dispersions in organic solvents were obtained. The cyclic voltametry (CV) results showed a high electrochemical surface area (ECSA) of 147 m2/g for GO-RGD compared to Pt/carbon black (Pt/C, 80 m2/gPt) and Pt/GO (99 m2/gPt). On the other hand, we also fabricated GO/PPy/CB (carbon black) hybrid nanocomposites as catalyst support and deposited Pt catalyst nanoparticles. The CV results showed a high ECSA of 153 m2/gPt. These modified graphene nanomaterials including Pt/f-GO and hybrid composites have been successfully used in proton exchange membrane fuel cell (PEMFC) electrodes. The Pt nanoparticles distribution on various modified graphene surfaces, which may significantly influence their properties such as electrical conductivity, electrocatalytic activity when they used as catalyst support and fuel cell performance will be discussed more in details.