Thinfilm raises US$110m to support growth in NFC market

Thinfilm raises $110 million as NFC solutions traction increases among leading consumer brands — Thinfilm — “The substantial funding secured in this private placement is a testament to both the opportunity that exists in the NFC solutions space and Thinfilm’s ability — as a market leader — to address the increasing demand among consumer brands of all sizes,” said Davor Sutija, CEO of Thinfilm. “With sufficient financing to get us to cash break-even, we are now keenly focused on bringing affordable intelligence to billions of everyday items.”








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