What is Epishine?
Headquartered in Linköping, Sweden, Epishine specializes in the design and production of thin, flexible organic solar cells. Unlike traditional silicon-based photovoltaics, Epishine utilizes a unique printing process that allows for high efficiency even in low-light conditions. Their primary product line is engineered for indoor environments, specifically targeting the Internet of Things (IoT) market. By converting ambient light into electricity, these cells provide a sustainable alternative to disposable batteries in wireless sensors and connected devices. This technology not only reduces electronic waste but also lowers operational costs for enterprise-level deployments, marking a significant shift in how small-scale electronics are powered.
How much funding has Epishine raised?
Epishine has raised a total of $12M across 2 funding rounds:
Other Financing Round
$5.5M
Share Placement
$6.5M
Other Financing Round (2023): $5.5M, investors not publicly disclosed
Share Placement (2024): $6.5M led by Pareto Securities
Key Investors in Epishine
Pareto Securities
Pareto Securities is an independent full-service investment bank that provides comprehensive securities trading, research, corporate finance, and project financing services to institutional clients.
Undisclosed Investor
Undisclosed investor participating in the funding round.
Undisclosed Investor
Undisclosed investor participating in the funding round.
What's next for Epishine?
With the recent capital injection, Epishine is poised to accelerate its manufacturing scalability and deepen its penetration into the smart building and industrial automation sectors. The strategic focus will likely center on optimizing supply chain efficiencies and forging partnerships with global electronics manufacturers to integrate their light-harvesting cells directly into consumer and industrial hardware. As the demand for energy-autonomous devices continues to rise, Epishine's ability to deliver high-performance, recyclable power solutions will be instrumental in defining the next generation of green technology. The company remains committed to its mission of eliminating battery dependency, a move that aligns with broader corporate sustainability mandates and the global push for carbon-neutral infrastructure.
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