PICTURES FROM MEMBERS MEETING IN COLOMBO 16TH FEB 2023

On the 16th Feb 2023 SSLBC arranged an Extended Members Meeting at Cinnamon Grand Hotel, Colombo.

Approx 30 members from Sweden, Sri Lanka, and partners met on 16th Feb.

Keynote speakers were Swedish Honorary Consul General Sanjay Kulatung and President Sri Lanka Nordic Business Council Jehan Perinpanayagam. European Chamber of Commerce in Sri Lanka Vice President John Wilson also their work and services to companies.

Central Bank of Sri Lanka – Bank Holidays for 2023

DateDescription
January 06, FridayDuruthu Full Moon Poya Day    B. P.
January 15, SundayTamil Thai Pongal Day    B. P. M.
January 16, MondaySpecial Bank Holiday (In lieu of Tamil Thai Pongal Day which falls on a Sunday)
  
February 04, SaturdayIndependence Day    B. P. M.
February 05, SundayNavam Full Moon Poya Day    B. P. 
February 18, SaturdayMahasivarathri Day    B. P.
  
March 06, MondayMedin Full Moon Poya Day    B. P.
  
April 05, WednesdayBak Full Moon Poya Day    B. P.
April 07, FridayGood Friday    B. P.
April 13, ThursdayDay prior to Sinhala & Tamil New Year Day    B. P. M.
April 14, FridaySinhala & Tamil New Year Day    B. P. M.
April 22, SaturdayId-Ul-Fitr (Ramazan Festival Day)    B. P.
  
May 01, MondayMay Day    B. P. M.
May 05, FridayVesak Full Moon Poya Day    B. P.
May 06, SaturdayDay following Vesak Full Moon Poya Day    B. P. M.
  
June 03, SaturdayPoson Full Moon Poya Day    B. P.
June 29, ThursdayId-Ul-Alha (Hadji Festival Day)    B. P.
  
July 03, MondayAdhi-Esala Full Moon Poya Day    B. P.
  
August 01, TuesdayEsala Full Moon Poya Day    B. P.
August 30, WednesdayNikini Full Moon Poya Day    B. P.
  
September 28, ThursdayMilad-Un-Nabi (Holy Prophet’s Birthday)     B. P. M.
September 29, FridayBinara Full Moon Poya Day    B. P.
  
October 28, SaturdayVap Full Moon Poya Day    B. P.
  
November 12, SundayDeepavali Festival Day    B. P.
November 26, SundayIll Full Moon Poya Day    B. P.
  
December 25, MondayChristmas Day    B. P. M.
December 26, TuesdayUnduvap Full Moon Poya Day    B. P.
  
B – Bank Holiday              P – Public Holiday                M – Mercantile Holiday
All Saturdays and Sundays are Bank Holidays

Almi Invest invests in n-Ink, which enables new solar cells

https://press.almiinvest.se/posts/pressreleases/almi-invest-investerar-i-n-ink-som-mojliggor

Almi Invest invests SEK 3.3 million in n-Ink, which develops an innovative environmentally friendly ink for printed electronics, such as solar cells. In the issue of a total of SEK 13.3 million, Navigare participates as the main investor. The money will be used to scale up and expand sales as well as for the further development of new environmentally friendly conducting polymers.

Printed electronics, which means that conductors or semiconductors are printed on, for example, paper-based material, are developing at a rapid pace and enable improved and completely new components and technologies in society. They can, for example, be used to create more efficient solar cells, better capacitors and various sensors for the human body in life science. The market for printed electronics is largely driven by climate change and the aim is to create environmentally friendly electronics with great recyclability and with more efficient production methods.

To make good semiconductors, materials that can conduct positive charges and materials that can conduct negative charges are required. The problem, however, is that today there is almost only ink that conducts the current via positive charges.

Now n-Ink has found a solution to this through its new patented ink. The stable ink is based on environmentally friendly substances and conducts current in the form of electrons, which are negative charges.

Behind the innovation is ten years of work by Professor Magnus Berggren and Associate Professor Simone Fabiano and their research team at Linköping University.

  • n-Ink’s innovation is groundbreaking and can be compared to when in the 60s a way was found to create transistors and integrated circuits, which was a prerequisite for the entire digital revolution, says Pär Carlshamre, Investment Manager at Almi Invest. During my years and within my technical areas, I have rarely met a company with greater potential than n-Ink.

The company will now further develop and sell its ink to large chemical and electronics companies on the world market. In a first phase, n-Ink focuses on three verticals – polymers, capacitors and solar cells – and already has a number of large customer companies that have purchased smaller quantities for analysis and evaluation.

  • We are very happy about this investment, says Johannes Bintinger, CEO of n-Ink. With Navigare and Almi Invest on board, we can now take the next step in our development and seriously start launching our ink on the market. Both investors are also familiar with research-based deep-tech innovations and how to bring them to market.

Almi Invest invests in n-Ink, which enables new solar cells

Almi Invest invests SEK 3.3 million in n-Ink, which develops an innovative environmentally friendly ink for printed electronics, such as solar cells. In the issue of a total of SEK 13.3 million, Navigare participates as the main investor. The money will be used to scale up and expand sales as well as for the further development of new environmentally friendly conducting polymers.

Printed electronics, which means that conductors or semiconductors are printed on, for example, paper-based material, are developing at a rapid pace and enable improved and completely new components and technologies in society. They can, for example, be used to create more efficient solar cells, better capacitors and various sensors for the human body in life science. The market for printed electronics is largely driven by climate change and the aim is to create environmentally friendly electronics with great recyclability and with more efficient production methods.

To make good semiconductors, materials that can conduct positive charges and materials that can conduct negative charges are required. The problem, however, is that today there is almost only ink that conducts the current via positive charges.

Now n-Ink has found a solution to this through its new patented ink. The stable ink is based on environmentally friendly substances and conducts current in the form of electrons, which are negative charges.

Behind the innovation is ten years of work by Professor Magnus Berggren and Associate Professor Simone Fabiano and their research team at Linköping University.

  • n-Ink’s innovation is groundbreaking and can be compared to when in the 60s a way was found to create transistors and integrated circuits, which was a prerequisite for the entire digital revolution, says Pär Carlshamre, Investment Manager at Almi Invest. During my years and within my technical areas, I have rarely met a company with greater potential than n-Ink.

The company will now further develop and sell its ink to large chemical and electronics companies on the world market. In a first phase, n-Ink focuses on three verticals – polymers, capacitors and solar cells – and already has a number of large customer companies that have purchased smaller quantities for analysis and evaluation.

  • We are very happy about this investment, says Johannes Bintinger, CEO of n-Ink. With Navigare and Almi Invest on board, we can now take the next step in our development and seriously start launching our ink on the market. Both investors are also familiar with research-based deep-tech innovations and how to bring them to market.

Nano Textile Solutions – Smarta hållbara textilier passar alla

Nano Textile Solutions – Smart sustainable textiles suit everyone

Do you remember the classic science fiction movies ”Back to the Future” with Michael J Fox? That’s where Sam Issa, from Linköping, got inspiration when he, cunning as a fox, invented a nanotechnology solution for the textile industry – which recently won Sweden’s biggest innovation award.

With a revolutionary technology, Nano Textile Solutions helps design and textile manufacturing companies meet market demand – with the least possible negative environmental impact.

The technology challenges traditional production methods and enables a single product to be compatible with several different sizes.

– It is a dynamic, adaptive textile technology, where components are sewn into size-adjusting points on each garment. We work much like a tailor – with the difference that this is done digitally for an industrialized process on a large scale, where all it takes is a push of a button. Each garment can be easily adjusted between three different sizes – for example Small, Medium and Large. Consumers can therefore adapt to the exact body size for longer product use. In this way, our technology promotes new circular business models, says founder and owner Sam Issa.

Something that also attracted a lot of attention – when he received the SKAPA award, Sweden’s biggest innovation award.

– It is really a great honor and confirmation that we have performed something well. I have put my whole soul and heart into it with thousands of hours of work and am both happy and proud of this reward, emphasizes Sam.

Since the technology did not exist anywhere else in the world, Nano Textile applied for and received a patent for it in Sweden.

– Now we have also applied for an international patent, so that we can scale up and build the company globally. The major markets are in Europe, Asia and the USA. Our goal is to become a so-called unicorn – that is, valued at a billion dollars.

Sam grew up in a family of tailors, with a mother working as a seamstress in Linköping and an uncle who runs a tailor shop in central Stockholm.

– I have worked a lot with my uncle and learned a lot about tailoring – and have also been first a salesperson and then a store manager in a clothing store. I then studied fashion and clothing design in Milan, Italy for two years. There I learned the entire value chain, how to build a collection, about different fiber materials and how to sew up.

But he is also not least an entrepreneur – after his studies, Sam got a position as brand manager for Italian clothing brands throughout the Nordics. He also studied business administration at home in Linköping.

– Through all my experiences, where I discovered how much clothing partly has to be re-sewn at a tailor because they don’t fit and partly only used for a short time, I came up with the idea to optimize the products with a new technology. When it comes to just pressing a button that quickly changes size, I took inspiration from the classic science fiction movies ”Back to the Future”. I remember thinking it was really cool growing up and it was fun to be able to use that idea.

The target groups are not only manufacturing companies and design brands in clothing – but also the shoe industry.

There, the company has entered into a collaboration with Hööks – Scandinavia’s leading company in equestrian sports with a large range for riders, horses and dogs.

– We are in the process of developing a riding boot, with the possibility to adjust the calf shaft on each size. After all, there can be a lot of difference between different people. Hööks will initially own the market for this in the Nordics. But we will be going to the world’s biggest equestrian fair in February, which takes place in Cologne, Germany, to showcase the product to international brand manufacturers.

Nano Textile is also working on a collaboration with PVH in Amsterdam, Netherlands – which owns, among others, Calvin Klein and Tommy Hilfiger in terms of fashion clothing and Canadian True Hockey, which manufactures ice skates.

– When it comes to skates, we have developed a concept that is primarily aimed at children, who cannot tie the laces on their skates themselves. There you can set a perfect fit and then open and close with a zipper instead.

With the help of LEAD, Sam started to build his business from scratch in 2017/18 and has been helped with funding by investors. Currently, they have a total of six employees in Linköping and Borås (where the textile university is located).

– The interest is great. In our first investment round, we aimed to bring in five million kroner from investors, but there we were oversubscribed, concludes Sam Issa with a smile.

This is Nano Textile Solutions AB

Started: 2019 in Linköping.

Product/industry: Has created a nanotechnology solution for a sustainable and circular textile industry. Through smart textiles, sizes can be adjusted to the user to provide the perfect fit.

Number of employees: 6 – in Linköping and in Borås (where the textile university is located).

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