Epishine, a Swedish company specializing in indoor printed solar cells, has successfully raised SEK 69 million (€6m) in a recent private placement. The funding, led by Pareto Securities, received strong support from both existing and new investors, showcasing confidence in the company's innovative technology.
Among the existing investors participating in this round are John Vigo Carlund, Philian, Jula Miljö & Energi, and Klimatet Invest. Epishine's focus on sustainable energy harvesting in the electronics industry has garnered attention, as its technology allows for the powering of various devices, from consumer electronics to sensors, using indoor light sources.
The infusion of capital will play a crucial role in accelerating the commercial expansion of Epishine's technology, particularly in advancing its roll-to-roll production capabilities. CEO Anders Kottenauer expressed gratitude for the continued support from investors, emphasizing the significance of this funding round in the company's global growth strategy.
With the additional financial resources, Epishine aims to enhance its global presence and ramp up sales efforts. The company plans to deepen collaborations with customers and partners across different market segments, further solidifying its position as a key player in the sustainable energy sector.
For more information about Epishine and its innovative indoor solar cell technology, visit www.epishine.com.