Epishine

Linkoping, Sweden Founded: 2016 • Age: 10 yrs
Developer and provider of solar modules
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About Epishine

Epishine is a company based in Linkoping (Sweden) founded in 2016 by Jonas Bergqvist, Anders Elfwing, Mattias Josephson, and Emma Woxlin.. Epishine has raised $19.38 million across 9 funding rounds from investors including European Union, Almi and Swedish Energy Agency. Epishine offers products and services including Printed Organic Solar Cells. Epishine operates in a competitive market with competitors including Ambient Photonics, Swift Solar, mPower Technologies, MiaSole and Power Roll, among others.

  • Headquarter Linkoping, Sweden
  • Founders Jonas Bergqvist, Anders Elfwing, Mattias Josephson, Emma Woxlin
  • Sectors
    Technology
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Semiconductors, Electronics & Hardware
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $19.38 M (USD)

    in 9 rounds

  • Latest Funding Round
    $3.46 M (USD), Grant

    Oct 13, 2025

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Epishine

Epishine offers a comprehensive portfolio of products and services, including Printed Organic Solar Cells. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Converts indoor light into energy for self-powered electronics.

People of Epishine
Headcount 50-200
Employee Profiles 23
Employee Profiles
People
Lucas Raihle
Research And Development Engineer
People
Anders Elfwing
Co-Founder and Passion manager
People
Jim Johansson
Production Lead
People
Jesper Nilsson
Product Integration

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Funding Insights of Epishine

Epishine has successfully raised a total of $19.38M across 9 strategic funding rounds. The most recent funding activity was a Grant round of $3.46 million completed in October 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 9
  • Last Round Grant — $3.5M
  • First Round

    (27 Sep 2018)

  • Investors Count 14
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2025 Amount Grant - Epishine Valuation

investors

Jul, 2023 Amount Series A - Epishine Valuation

investors

Sep, 2022 Amount Grant - Epishine Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Epishine

Epishine has secured backing from 14 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include European Union, Almi and Swedish Energy Agency. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Beijerinvest is associated with Beijersfären as a division.
Founded Year Domain Location
Government agency and accelerator focusing on innovative startups and SMEs
Founded Year Domain Location
Multiple sectors are invested in by corporate-backed Almi Invest.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Epishine

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Epishine

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Epishine Comparisons

Employees
+
Add Comparison
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Competitors of Epishine

Epishine operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ambient Photonics, Swift Solar, mPower Technologies, MiaSole and Power Roll, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Solar cells are supplied for powering connected IoT devices.
domain founded_year HQ Location
Flexible perovskite solar cells are provided using hybrid halide materials.
domain founded_year HQ Location
Provider of flexible silicon-based solar panels
domain founded_year HQ Location
CIGS PV module manufacturer
domain founded_year HQ Location
Perovskite solar films and capacitors are developed using microgroove technology.
domain founded_year HQ Location
Solar cell manufacturer
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Epishine

Energy scavenging adhesive tape
Electronicsweekly11 months ago
Project Led By Epishine Selected For Eu Funding
Printedelectronicsnow1 year ago

Frequently Asked Questions about Epishine

When was Epishine founded?

Epishine was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Where is Epishine located?

Epishine is headquartered in Linkoping, Sweden. It is registered at Linkoping, Ostergotland, Sweden.

Who is the current CEO of Epishine?

Anders Kottenauer is the current CEO of Epishine.

Is Epishine a funded company?

Epishine is a funded company, having raised a total of $19.38M across 9 funding rounds to date. The company's 1st funding round was a Grant of $2.42M, raised on Sep 27, 2018.

What does Epishine do?

Epishine was founded in 2016 in Linköping, Sweden, as a developer of solar modules within the renewable energy sector. Printable solar cells on recyclable plastic are produced, enabling conversion of indoor light into power. These cells are integrated into devices for applications in retail, smart buildings, and consumer electronics. Operations focus on sustainable energy solutions for various industries.

Who are the top competitors of Epishine?

Epishine's top competitors include Swift Solar, mPower Technologies and Power Roll.

What products or services does Epishine offer?

Epishine offers Printed Organic Solar Cells.

Who are Epishine's investors?

Epishine has 14 investors. Key investors include European Union, Almi, Swedish Energy Agency, Linköping University, and Jula Miljö & Energi.

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