Power Paper extends 4th round to $15 million

July 22, 2003 — Power Paper Ltd., an Israeli provider of thin and flexible micro power source technology for toys, radio frequency identification tags and cosmetic patches, announced a $12 million extension to its fourth round of funding. The company previously announced $3 million in October of last year. The company has raised $29 million to date.

Amadeus Capital Partners led the round. Banc America Capital Partners, the PolyTechnos Funds, Millennium Materials Technologies Funds, Toppan Forms, Yasuda Enterprise Development Co. and previous investors also participated.

The company recently relocated to new headquarters near Tel Aviv, Israel. It employs 60 people.


Easily post a comment below using your Linkedin, Twitter, Google or Facebook account. Comments won't automatically be posted to your social media accounts unless you select to share.