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Norway’s Thin Film gets $23M to fund printed electronics roadmap

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The Norwegian printed electronics firm Thin Film – which we recently covered for its smart label partnership with Cisco-backed Evrythng – has taken a healthy $23 million in investment from local conglomerate Ferd. Thin Film CEO Davor Sutija said in a statement that the investment, for a 7.3 percent stake, “fully funds” the firm’s current product roadmap. Printed electronics are generally pretty cheap to implement, and Thin Film (an entry on our Mobile 15 list a couple years back) wants to add electronic functionality to items such as perishable food packaging, disposable goods, single-use medical products and so on.