Epishine, a Swedish energy impact company reimagining the capture of light with its market-leading printed organic solar cells, announces the successful completion of a private placement, led by Pareto Securities, raising SEK 69 million. This funding, with strong support from both existing and new investors, highlights the market's confidence in Epishine's innovative technology for sustainable energy solutions in the electronics industry. The applications span several market segments, where everything from consumer electronics to sensors can now be powered by indoor light.
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's journey with this investment.
"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."
With this funding, Epishine is well-positioned to accelerate the development and commercialization of its groundbreaking printed solar cells and is well on its way to establishing itself as a leading player in sustainable energy solutions for a wide range of application areas. 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.
Advisor
Pareto Securities has acted as Sole Manager and Bookrunner, Baker & McKenzie has acted as legal advisor to Epishine, and Setterwalls has acted as legal advisor to Pareto Securities during the private placement.
About Epishine
Epishine is a Swedish energy impact company, reimagining the capture of light with market leading printed organic solar cells.
Our technology captures indoor light to make electronics self-powered, making cables, disposable batteries, and unnecessary maintenance a thing of the past.
Contact Epishine
Mattias Josephson
Chief Strategy Officer
Mattias.josephson@epishine.com
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