Skeleton

The Estonian ultracapacitor manufacturing startup, Skeleton, has opened a new production line in Saxony, Germany, that is, according to the company, capable of producing up to four million ultracapacitor cells a year. Skeleton said in a statement the facility was the largest in Europe and will help it enhance its production capacity. “The expansion is […]

The European Investment Bank has invested €15 million in Skeleton Technologies, an Estonian producer of ultracapacitors and ultracapacitor-based energy storage solutions. The company describes the investment both as a loan and a “quasi equity” financing; the latter being a form of debt that could also be considered to possess some traits of equity, such as

Skeleton Technologies, a Tallinn-based company that develops and produces ultracapacitors – extremely powerful energy storage devices – has received €13 million in new investment led by FirstFloor Capital, a Malaysian venture capital investment firm specialising in funding high-growth technology companies. Skeleton Technologies started to grow in 2009, when, after years of development work, the young entrepreneurs, Taavi