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HomeFunding Swedish Deep Technology Company N-ink wins €1M from Voima Ventures

[Funding alert] Swedish Deep Technology Company N-ink wins €1M from Voima Ventures

Swedish Deep Technology Company N-ink wins €1M from Voima Ventures from Helsinki- and Stockholm-based early-stage investor Voima Ventures.

Swedish Deep Technology Company N-ink wins €1M from Voima Ventures from Helsinki- and Stockholm-based early-stage investor Voima Ventures.

Scientists at Linköping University in Sweden’s Laboratory of Organic Electronics founded N-ink in 2020. The business offers scalable, high-performing conductive polymers that enhance solar cell and battery performance and are helpful in printed electronics, the Internet of Things, and bioelectronics.

Silicon chips, which provide processing, and a wide range of specialised flexible polymer devices, which offer sensing and charging, are generally combined to create IoT technology.

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When taken together, these systems allow for the easy integration of new functions and materials, like paper, fabrics, and large-area carriers. However, devices that rely on the balanced transfer of positive (holes) and negative (electrons) charges are required for low-power operation and greater functionality.

N-Ink produces and offers n-type inks with unmatched performance in order to meet this challenge. Its proprietary n-Inks are comparable to p-type inks sold in stores and are very conductive, stable, and easy to handle.

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Early-stage Nordic and Baltic startups and research teams with ground-breaking science-based inventions were the focus of the Science Challenge. N-ink wins the challenge and gets a €1 million investment from Voima Ventures in the form of a convertible note.

Johannes Bintinger, co-founder and CEO of N-ink, said: “We are delighted and honoured to win this contest, but the most significant contest of all is against climate change. N-ink is not just shaping the future of printed electronics; we are rewriting the rules of sustainability and innovation.”

Inka Mero, Founding Partner of Voima Ventures, shared: “We are thrilled to back N-ink in their journey to the next stage. N-ink demonstrates the deep scientific and research foundation of the Nordic region combined with a unique innovation, big market opportunity, and ambitious team. Disruptive in many ways, N-ink builds a truly positive impact on the future of the whole planet. Voima Ventures looks forward to supporting the team for the years to come.”

About N-ink

N-ink, The Internet of Things, or IoT, is a network of electronic devices that includes solar cells, batteries, displays, and sensors. It is transforming our civilization by offering entirely new tools to support our contemporary way of life.

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IoT technology is primarily composed of silicon chips, which provide compute, and a wide range of specialised flexible polymer devices, which provide charging and sensing.

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