Flexible Electronics News

Cymbet Secures $20 Million Investment

Funding to drive international expansion and new EnerChip smart battery solutions

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Cymbet Corporation announced that it has completed a recapitalization of the company in connection with a $20 million equity investment led by U.S.-based Island Shore Investments (ISI). This significant investment and restructuring will eliminate the majority of long- and short-term debt, fund the completion of new products and provide significant working capital to expand Cymbet’s business in important international markets. ISI and the other investors are highly successful operators and in...

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