Epishine raises £5m

Epishine, the Swedish indoor solar cell specialist, has raised £5 million in a private placement led by Pareto Securities.

The funding enables Epishine to accelerate the commercial expansion of its technology, designed to capture indoor light to power electronics.

Existing investors such as John Vigo Carlund, Philian, Jula Miljö & Energi, Klimatet Invest, and others have shown continued confidence in Epishine with this investment.

“This funding is an important milestone in our plans to increase our global market presence,” says Epishine CEO Anders Kottenauer.



With this funding, Epishine is well-positioned to accelerate the development and commercialisation of its  printed solar cells.

The added capital will contribute to strengthening Epishine’s global presence and enable intensified sales activities as well as deeper collaborations with customers and partners in the company’s various market segments.

 

David Manners

David Manners

David Manners has more than forty-years experience writing about the electronics industry, its major trends and leading players. As well as writing business, components and research news, he is the author of the site's most popular blog, Mannerisms. This features series of posts such as Fables, Markets, Shenanigans, and Memory Lanes, across a wide range of topics.

Leave a Reply

Your email address will not be published. Required fields are marked *

*