Enfucell

What Enfucell does

Enfucell Oy is a Finnish printed electronics company founded in 2002 as a spin-off from Helsinki University of Technology, headquartered in Espoo, Finland with a parent entity (Jiangsu Enfucell Flexible Electronics Co., Ltd) that acquired the company at the end of 2018. The company's core technology is SoftBattery, an all-printed, flexible, and thin disposable primary battery using zinc and manganese dioxide chemistry with zinc chloride electrolyte, produced in customizable form factors from 1 cm² to 100 cm² for low-power applications. Enfucell holds the complete manufacturing technology, with patents dating to 2007 and a registered SoftBattery trademark, and is ISO 9001 certified.

The business operates three revenue streams: hardware sales of SoftBattery and finished devices (Wearable Temperature Tag, Breast Patch, NFC/UHF Smart Temperature Tags, and cosmetics patches), licensing and royalty arrangements with a global network of 7 manufacturing and distribution partners (including Molex, Quad Industries, Xymox Technologies, Central-Midori, Enfucell Flexible Electronics, Printed Electronics Limited, and The Ionto Team), and product development services for wireless sensor devices using Bluetooth or NFC transmission. Customer segments include healthcare (temperature monitoring, TENS pain relief), logistics and cold chain monitoring, cosmetics, IoT/smart packaging, and sports technology, with named end-customers such as Wuhan Mobile Cabin Hospitals and MartiDerm.

Go-to-market is hybrid: direct B2B sales via email for custom applications and product development, paired with a license-partner-driven distribution model that gives the small 1-10 person team geographic reach across Europe, North America, Greater China, and Southeast Asia. Supporting mobile applications (WithMe, Cooltag) are available on Google Play. The company has accumulated multiple international recognitions including WEF Technology Pioneer 2007, Red Herring 100 Europe, and European Cleantech 100, and operates in a thin-film battery market that third-party forecasts project to grow from $0.68B in 2025 to $5.39B by 2035 (22.99% CAGR).

Name

Enfucell

Legal name

Enfucell Oy

Website

https://enfucell.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

1–10 employees

Short description

Enfucell is a Finnish printed electronics company that develops and licenses SoftBattery, an all-printed flexible zinc-based disposable battery, sold directly and through global license partners for healthcare, logistics, cosmetics, and IoT applications.

Ownership category

akta.pro rank

Product category

Printed Flexible Batteries

NAICS

Battery Manufacturing (33591)

akta.pro primary industry

Battery Modules & Packs (Industrial/Commercial pack assembly) (IMAGAHAB)

Keywords

• Printed battery technology
• Flexible thin batteries
• Soft battery manufacturing
• Printed electronics components
• Disposable primary batteries

Headquarters

HQ city

Vantaa

HQ country

Finland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Supply Chain

Revenue model

1. Battery Product Sales: Enfucell generates revenue primarily through the sale of SoftBattery printed flexible batteries. Batteries are customized according to application requirements and integrated into products. First commercial deliveries started in 2010.
2. Product Development Services: Enfucell provides product development services for wireless sensor devices using Bluetooth or NFC transmission technology, tailoring printed battery solutions for specific applications.
3. Technology Licensing: Enfucell licenses its SoftBattery technology to partners including Molex, Quad Industries, Printed Electronics Limited, Xymox Technologies, and Central-Midori for manufacturing and distribution in specific markets.

Go-to-market motion2 records

Distribution channels9 records

Marketing channels5 records

Core offering

Enfucell designs, manufactures, and sells the SoftBattery, an all-printed, flexible, thin primary battery made from low-cost eco-friendly zinc and manganese dioxide materials with zinc chloride electrolyte. The company also develops battery-assisted devices such as Wearable Temperature Tags, Breast Patches, and NFC/UHF Smart Temperature Tags, and offers product development services for wireless sensor devices using Bluetooth or NFC transmission technology. Customers include healthcare institutions, cosmetics companies, logistics providers, and IoT device manufacturers served through direct sales and a global network of license partners.

Product overview

Enfucell is a printed electronics company offering the SoftBattery as its core technology—a flexible, thin, disposable printed zinc battery for low-power applications. The product portfolio centers on the SoftBattery platform customized for specific applications including the Wearable Temperature Tag and Breast Patch for healthcare, NFC/UHF Smart Temperature Tags for logistics, and cosmetics patches. Supporting mobile applications (WithMe app, Cooltag app) enable user interaction with temperature monitoring products. The company also provides product development services for wireless sensor devices using Bluetooth or NFC transmission technology. Enfucell serves markets including healthcare, cosmetics, logistics, IoT, and smart packaging through both direct sales and license partnerships.

Differentiator

Problem solved

Functional benefit

Brands

• SoftBattery: Enfucell's flagship product - an all-printed, flexible and thin primary battery made of low cost industrial eco-friendly materials, using zinc and manganese dioxide chemistry with zinc chloride electrolyte.

Products and services

• SoftBattery Enfucell SoftBattery is an all-printed, flexible and thin primary battery made of low-cost eco-friendly materials using zinc and manganese dioxide chemistry with zinc chloride electrolyte. It is disposable and suitable for low-power applications, available in customizable sizes from 1 cm² to 100 cm², tailored according to application requirements and integrated into devices they are powering.
• Wearable Temperature Tag A credit card size or smaller body temperature monitoring tag combining NFC, intelligent temperature sensor, and SoftBattery technology. Users activate and configure the tag through a mobile app (WithMe), enabling accurate temperature recording and monitoring of target persons for healthcare applications including epidemic prevention.
• Breast Patch

Quantifiable outcome

• Battery-assisted temperature logger labels enable item-level logging at cost points suitable for disposable use, unlike reusable loggers which are too expensive for individual item tracking.
• +1 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Ten partnerships are on record, tiered core, major and minor.

• Jiangsu Enfucell Flexible Electronics Co., LtdcoreStrategic or Co-development Partner · 1 December 2018At the end of 2018, Enfucell Finland was acquired by Jiangsu Enfucell Flexible Electronics Co., Ltd. This acquisition resulted in strengthening of the Enfucell brand, integration of operations, and optimal use of resources. As a forerunner, Enfucell has an important role in the market development of the printed electronics industry and can now provide services from product development to mass manufacturing.
• Molex, LLCmajorChannel Partner/ Reseller/ DistributorLicense partner for batteries and battery-assisted devices with global distribution reach.
• Quad IndustriesmajorChannel Partner/ Reseller/ DistributorLicense partner for batteries for the European market.
• Enfucell Flexible Electronics Ltd.majorChannel Partner/ Reseller/ DistributorLicense partner for batteries and application products for the Greater China market. Company established in 2011 by Dr. Zhang.
• Xymox TechnologiesmajorChannel Partner/ Reseller/ DistributorLicense partner for batteries for the North American market.
• Central-Midori (Int'l) Pte LtdmajorChannel Partner/ Reseller/ DistributorLicense partner for batteries and battery-assisted devices in South East Asia.
• Printed Electronics LimitedcoreOEM/ Whitelabel/ Licensing PartnerLicense partner for custom batteries and special applications with capability for specialized manufacturing.
• The Ionto TeammajorChannel Partner/ Reseller/ DistributorLicense partner for cosmetics patches powered by Enfucell SoftBattery technology.
• Changzhou Institute of Printed Electronics IndustryminorStrategic or Co-development PartnerInstitute founded by Dr. Zhang in 2013 with government support to promote printed electronics industry development.
• SmartEEsminorChannel Partner/ Reseller/ DistributorEnfucell is listed as a technical supplier in the SmartEEs marketplace, providing access to European SMEs and startups developing flexible electronics.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Imprint Energy: Imprint Energy develops printed zinc-based batteries for IoT and wearables using a similar all-printed manufacturing approach. It is the most directly comparable printed-battery peer, addressing identical disposable and semi-disposable IoT applications that Enfucell's SoftBattery targets.
• Blue Spark Technologies: Blue Spark Technologies manufactures printed carbon-zinc thin-film batteries and integrated smart-packaging products (TempTraq). It is a direct competitor in printed battery technology serving overlapping IoT, healthcare, and logistics tagging use cases.
• Cymbet Corporation: Cymbet produces solid-state thin-film rechargeable batteries and energy-harvesting modules for IoT and embedded systems. It competes with Enfucell in the thin-film battery category, particularly where customers want rechargeable instead of primary cells.

Emerging players

• Excellatron Solid State: Excellatron Solid State develops thin-film solid-state batteries and supercapacitors targeting IoT, medical devices, and wireless sensors — overlapping with Enfucell's printed power-source category but with a rechargeable solid-state chemistry.

Broad incumbents

• Renata SA: Renata is a Swiss battery manufacturer with a broad portfolio of primary and rechargeable coin and industrial cells serving hearing aids, watches, and IoT. It is a larger incumbent that overlaps with Enfucell's primary battery business in low-power micro-device applications.
• Varta AG: Varta is a major German battery manufacturer producing coin cells, micro-batteries, and lithium-ion cells for hearables, wearables, and IoT. It is a broad incumbent whose micro-battery portfolio competes with Enfucell in low-power device power sources.
• Panasonic Energy: Panasonic Energy is one of the largest global battery manufacturers with extensive IoT, primary, and flexible-format battery offerings. It competes with Enfucell across enterprise and industrial battery supply, albeit with much broader scale and chemistry breadth.
• Duracell: Duracell is a globally recognized primary battery brand (alkaline, coin, specialty cells) with established retail and industrial distribution. While not focused on printed/flexible formats, it competes at the primary-cell level for many of the same low-power disposable applications as SoftBattery.
• Murata Manufacturing: Murata is a leading Japanese manufacturer of electronic components including coin cells, micro-batteries, and energy devices for IoT and wearables. It is a broad incumbent in the micro-power-source category overlapping with Enfucell's low-power battery applications.

Others

• Molex: Molex is one of Enfucell's global license partners for batteries and battery-assisted devices. As a major electronic components manufacturer and distributor, Molex is an ecosystem participant that channels Enfucell technology into broader OEM customer bases.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/enfucello
• LinkedInlinkedin.com/company/229248

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Enfucell