07.06.23
Epishine announced the successful completion of an investment round, securing an impressive 60 million SEK ($5.5 million) in funding. This substantial investment will propel the company's expansion plans, enabling further growth and advancements.
The most recent funding round demonstrates the market’s confidence in Epishine’s innovative business model, exceptional performance, and promising future prospects. Jula Miljö & Energi, a company under Jula Holding, represents the largest investor, with strong support from existing investors such as Vigo Carlund, Philian and Beijer. The funding will be strategically allocated to enhance key areas of operations, including product development and scaling up production to meet the growing market demand.
"We are grateful to have raised 60 million SEK in the current global economy, which is a testament to the confidence our investors have in our vision and progress," said Anna Björklou, CEO at Epishine. "This funding will allow us to accelerate our growth trajectory, introduce new offerings to the market, and solidify our position as a market leader in indoor solar cell technology.”
Jula Miljö & Energi focuses on green investments characterized by long-term profitability and sustainability. For Jula Holding, this investment also holds strategic significance for their own businesses, particularly in terms of product development and the increasing digitalization of their retail stores.
“Utilizing indoor light as an energy source in different products within our offering is the right step for us which is why this investment falls perfectly under our scope,” said Magnus Sigurd, business development director at Jula Holding.
"We are excited about the road ahead and are looking forward to several new product launches during 2023," Björklou continued. "Our investors’ trust and confidence in our vision motivates us to push boundaries and drive positive change in our industry.”
The most recent funding round demonstrates the market’s confidence in Epishine’s innovative business model, exceptional performance, and promising future prospects. Jula Miljö & Energi, a company under Jula Holding, represents the largest investor, with strong support from existing investors such as Vigo Carlund, Philian and Beijer. The funding will be strategically allocated to enhance key areas of operations, including product development and scaling up production to meet the growing market demand.
"We are grateful to have raised 60 million SEK in the current global economy, which is a testament to the confidence our investors have in our vision and progress," said Anna Björklou, CEO at Epishine. "This funding will allow us to accelerate our growth trajectory, introduce new offerings to the market, and solidify our position as a market leader in indoor solar cell technology.”
Jula Miljö & Energi focuses on green investments characterized by long-term profitability and sustainability. For Jula Holding, this investment also holds strategic significance for their own businesses, particularly in terms of product development and the increasing digitalization of their retail stores.
“Utilizing indoor light as an energy source in different products within our offering is the right step for us which is why this investment falls perfectly under our scope,” said Magnus Sigurd, business development director at Jula Holding.
"We are excited about the road ahead and are looking forward to several new product launches during 2023," Björklou continued. "Our investors’ trust and confidence in our vision motivates us to push boundaries and drive positive change in our industry.”