Epishine raises another €6m for printable solar cells
Epishine in Sweden has raised SEK 69 million (€6m) for the development and commercialization of its indoor printed solar cells
The private placement for Epishine was led by Pareto Securities, has support from both existing and new investors. Existing investors include John Vigo Carlund, Philian, Jula Miljö & Energi and Klimatet Invest.
The company says this highlights the market’s confidence in its technology for sustainable energy harvesting in the electronics industry where everything from consumer electronics to sensors can now be powered by indoor light.
- Epishine teams for US market
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- €5m to boost solar cell production
The funding will be used to accelerate the commercial expansion of its technology, including the roll to roll production technology.
“We are grateful for the renewed support from both existing and new investors,” said Anders Kottenauer, CEO of Epishine. “This funding is an important milestone in our plans to increase our global market presence.”
- Epishine replaces CEO to focus on growth
- European project to boost indoor solar cell use for the IoT
The added capital will contribute to strengthening its global presence and enable intensified sales activities as well as deeper collaborations with customers and partners in the company’s various market segments.
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