Epishine AB

Epishine AB develops and manufactures printed organic solar cells that convert indoor light into power for electronic devices, promoting self-sufficiency and sustainability in energy solutions. Founded in 2016 in Linkoping, Sweden, Epishine AB specializes in printed organic solar cells. The firm was co-founded by Anders Elfwing, Emma Woxlin, Jonas Bergqvist, and Mattias Josephson. As of October 2022, the company received SEK 25 million in grant funding, contributing to a total of SEK 11.

3 million raised across two funding deals. The current CEO is Anders Kottenauer, with Anna Björklou also in a leadership role. Epishine specializes in the development and manufacturing of printed organic solar cells, designed to harness indoor light to power various electronic devices. This technology enables electronics to become self-sufficient, eliminating the need for traditional power sources like cables and disposable batteries.

Their products are particularly beneficial for applications in retail, smart buildings, consumer electronics, and asset tracking, where reliable power solutions are essential. The firm caters to clients across Europe, North America, and parts of Asia, addressing the rising demand for sustainable energy solutions. In 2023, Epishine reported a revenue of SEK 195,992, with an EBITDA of SEK -4,426,119. 2.

The company primarily generates revenue through direct sales of its printed organic solar cells to business clients, forming partnerships with manufacturers and retailers that integrate Epishine's technology into their products, thus ensuring ongoing B2B revenue. Epishine plans to leverage its most recent SEK 25 million funding from October 2022 to enhance its product offerings and expand into new markets. The company is focused on launching new products designed to further optimize their solar cells for diverse applications, with an eye towards entry into additional geographic regions by 2025. Strategic use of the recent funding will support these initiatives, aiming to solidify their position in the sustainable energy market.