N-ink wins €1M from Voima Ventures Science Challenge for its IoT-transforming conductive polymers

N-ink provides high-performing, scalable conductive polymers that boost battery and solar cell performance.
N-ink wins €1M from Voima Ventures Science Challenge for its IoT-transforming  conductive polymers

Today, Swedish deep technology company N-ink was announced as the winner of a science challenge by Voima Ventures, an early-stage investor based in Helsinki and Stockholm. 

N-ink was founded in 2020 by scientists at the Laboratory of Organic Electronics, Linköping University in Sweden.

The company provides high-performing, scalable conductive polymers that boost battery and solar cell performance and are useful in Printed Electronics, IoT and Bioelectronics.

IoT technology is typically built up from the merger of silicon chips, providing computation and a vast array of dedicated flexible polymer devices, providing sensing and powering. 

Together, such systems enable new functionalities and easy integration with, for instance, textiles, paper and large-area carriers. However, low-power operation and advanced functionality require devices that depend on a balanced transport of positive (holes) and negative (electrons) charges. 

For the silicon chip technology, such complementary electronics are the heart of today’s digital processors.

While polymeric hole (p-type) conductors are being developed for industrial scales, equivalent electron (n-type) polymer conductors are missing. This limits the full potential of many IoT applications, as optimal performances can only be achieved via complementarity.

N-Ink addresses this challenge by formulating and supplying n-type inks with unprecedented performance. Its patented n-Inks are highly conductive, easy to handle, stable, printable, and on par with commercial p-type inks.

The Science Challenge targeted Nordic and Baltic early-stage startups and research teams with groundbreaking science-based innovations. By winning the challenge, N-ink secures a €1M investment as a convertible note from Voima Ventures.

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.”

Contest Jury member Tero Ojanperä, Silo.AI’s Co-founder and Chairman said:

 “N-ink’s solution is a breakthrough built on the sustainable rulebook.”

Lead image: N-ink- Photo: uncredited.

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