Best Flexible Electronics Companies in United States
The 97 best Flexible Electronics companies in United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Royole.
The 97 Flexible Electronics companies tracked here, operating across the United States, are ranked by disclosed equity funding and recent funding momentum — $4.4 billion in total capital, one unicorn, and a global market forecast to hit $44.8B by 2026 at an 11.4% CAGR. That's not hype. It's a sector earning its scale through IoT proliferation, government procurement pressure, and a consumer appetite for portable, smart devices that shows no sign of cooling.
Ascent Solar leads our directory at $265M in disclosed funding, with Frore Systems not far behind at $190M. So where does that leave the rest of the field? Mostly in the sub-$50M tier, with Swift Solar and Infinite Biomedical each at $42M, and Merlin Solar at $31M. The investor mix tells you something too: the National Science Foundation, DOE, and military health funders dominate, which means regulatory tailwinds and government procurement are real factors shaping which companies survive. I'd watch that closely if you're sizing up a position. Consumer electronics apps are also seeing median install growth of roughly 19% year-over-year across 770 tracked apps, and recent materials breakthroughs from MIT and Utah suggest the underlying technology is still accelerating.
- Flexible Electronics Market Expected to Reach $42.48 Billion By 2027:
- Flexible Electronics & Circuit Market Expected to Reach $48.5 bn by 20
Ranked: Best Flexible Electronics companies in United States
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Market signals (1y) | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Royole 🦄 Manufacturer of flexible displays | $850M | 99 mo ago | 18 | Bill Liu Founder | — | — | 29 patents Patents concentrated in electrical & electronics | — |
| 2 | MiaSole CIGS PV module manufacturer | $500M | 171 mo ago | 363 | — | WordPressMySQLPHP+13 | — | 230 patents High‑efficiency CIGS thin‑film solar cells and integrated mounting/interconnect hardware | — |
| 3 | Pragmatic Semiconductor Manufacturer of thin film flexible integrated circuits and electronic components | $393M | 30 mo ago | 86 | Scott White Co-Founder | WordPressApple iCloud MailMicrosoft 365+17 | 13 signals ▲160% Leadership · Funding | — | 2 launchs |
| 4 | OptiSolar Technologies Manufactured thin film solar modules | $334M | 207 mo ago | 57 | Randy Goldstein Co-Founder & CEO | — | — | 34 patents Depositing barrier and transparent conductive thin-film coatings for solar photovoltaic modules | — |
| 5 | CelLink Manufacturer of flexible circuits | $315M | 52 mo ago | 122 | Malcolm Brown Co-founder and VP Engineering | WordPressMySQLPHP+11 | — | 146 patents Flexible, terminal-free interconnect circuits for battery packs and electrical harnesses. | — |
| 6 | SoloPower Provider of flexible thin-film photovoltaic cells | $273M | 164 mo ago | 24 | — | — | — | 248 patents Thin‑film photovoltaic manufacturing, roll‑to‑roll processing, and building‑integrated solar modules | — |
| 7 | Ascent Solar Manufacturer of flexible thin-film solar panels for varied applications 37Product top 14%News top 25%Funding top 30%Growth top 30% All 12 signals ▾Producttop 14% Newstop 25% Fundingtop 30% Growthtop 30% Innovationtop 39% Patentstop 42% Talentbottom 49% Techbottom 39% Globalbottom 38% Moatbottom 37% Fin. healthbottom 36% Marketbottom 19% Product: 4 distinct product lines · Company stage: Public News: 6 BI events in 12 mo (of 88 tracked, 11 types) · +200% YoY rank vs industry peers · Fliar Intelligence Index 37/100 | $265M | 4 mo ago | 16 | Paul Warley CEO | HubSpot CMS HubEnvoyHubSpot+8 | 6 signals ▲200% Funding · Incorporation | 96 patents Thin‑film solar cell manufacturing, flexible substrates, and monolithic integration for airborne power. | — |
| 8 | Frore Systems Developer of thermal management solutions for data centers and electronic devices 72Innovation top 16%Patents top 17%Funding top 18%Moat top 33% All 10 signals ▾Innovationtop 16% Patentstop 17% Fundingtop 18% Moattop 33% Newstop 34% Growthtop 35% Talenttop 38% Marketbottom 48% Techbottom 42% Globalbottom 40% Innovation: 194 patents (top 16% of patent-holders) · 163 filings since 2022 vs 31 in 2017-21 Patents: 194 patents matched (strict assignee match) · 163 filings since 2022 vs 31 in 2017-21 rank vs industry peers · Fliar Intelligence Index 72/100 | $190M | 3 mo ago | 75 | Suryaprakash Ganti Co-Founder & CTO | WebflowVimeoreCAPTCHA+12 | 4 signals Funding | 194 patents MEMS-enabled active cooling and fluidic actuation for LED and waterproof electronic systems | — |
| 9 | MC10 Miniaturized embedded sensors | $115M | 82 mo ago | 1 | Ben Schlatka Co-Founder & CEO | — | — | 426 patents Flexible, stretchable wearable electronics with integrated circuits and encapsulated sensor modules | — |
| 10 | BrightVolt Manufacturer of solid-state lithium-ion batteries | $115M | 56 mo ago | 12 | — | — | — | 23 patents Solid polymer matrix electrolytes for high‑performance rechargeable lithium batteries | — |
| 11 | AmberWave Systems Solar cell manufacturer | $95M | 65 mo ago | 7 | Anthony Lochtefeld Founder & CEO | — | — | — | — |
| 12 | Stion Manufactures solar modules | $90M | 107 mo ago | 5 | — | — | — | 301 patents Large-scale CIGS thin-film solar cell manufacturing equipment and processing methods. | — |
| 13 | Blue Spark Technologies Carbon-Zinc Batteries | $81M | 30 mo ago | 28 28 → 29 (+4%) | John Gannon CEO | — | — | 88 patents Wearable continuous body temperature monitoring patches for health tracking | — |
| 14 | Sensel Manufacturer of pressure-sensitive multi-touch sensors | $72M | 56 mo ago | 41 | Aaron Zarraga Co-founder / CEO | WordPressMySQLPHP+22 | — | 334 patents Force-sensitive touch and haptic feedback sensors for human‑computer interaction interfaces. | — |
| 15 | Ambient Photonics Provider of solar cells for connected devices | $61M | 33 mo ago | 11 11 → 13 (+18%) | Bates Marshall Co-Founder & CEO | WordPressMySQLPHP+27 | — | 61 patents Copper‑redox dye‑sensitized solar cell materials and related organic dye chemistries | — |
| 16 | Plextronics Developer of conductive polymers and inks for electronic printing | $59M | 152 mo ago | 31 | — | — | — | 293 patents Conductive polymers for organic photovoltaics, OLEDs, capacitors, and device encapsulation | — |
| 17 | Flexterra Flexible Developer of flexible transistors for the semiconductor industry | $56M | 70 mo ago | 9 | Fabrizio Doni Chairman & CEO | — | — | — | — |
| 18 | E Ink Manufacturer of electronic paper displays, modules, films, and related components | $53M | 316 mo ago | 747 | Joseph Jacobson Co-Founder | Apple iCloud MailPHPLaravel+20 | — | 3,441 patents Electrophoretic e‑paper display technology, including driving methods and material formulations. | 1 launch |
| 19 | BLOO Solar Manufacturer of silicon-based solar modules | $49M | 127 mo ago | 23 | — | — | — | — | — |
| 20 | XunLight PV module manufacturer | $46M | 162 mo ago | 51 | Xunming Deng CEO | — | — | 22 patents Patents concentrated in electrical & electronics | — |
| 21 | C3Nano Developer of transparent conductive inks and films | $43M | 73 mo ago | 28 | Ajay Virkar Chief Technology Officer and Co-Founder | — | — | 165 patents Printable silver nanowire conductive inks and transparent coatings for flexible electronics | — |
| 22 | Infinite Biomedical Innovative upper limb myoelectric solutions improving lives through advanced technology 48Growth top 35%Funding top 38%Innovation top 39%AI top 45% All 8 signals ▾Growthtop 35% Fundingtop 38% Innovationtop 39% AItop 45% Techtop 46% Producttop 46% Globalbottom 32% Marketbottom 21% Growth: Fresh capital in last 24 mo Funding: Raised $42.3M across 18 rounds · 18 rounds over 28 yrs (0.6/yr) rank vs industry peers · Fliar Intelligence Index 48/100 | $42M | 12 mo ago | 11 | — | Cart FunctionalityWix eCommerceWix+18 | — | — | 1 job opening · 1 launch |
| 23 | Swift Solar Provider of flexible perovskite solar cells 69Growth top 17%Innovation top 20%Patents top 23%Talent top 25% All 10 signals ▾Growthtop 17% Innovationtop 20% Patentstop 23% Talenttop 25% Fundingtop 29% Newstop 30% Moattop 32% Techbottom 42% Globalbottom 40% Marketbottom 30% Growth: 5 acquisition/expansion moves in 24 mo · Fresh capital in last 24 mo Innovation: 63 patents (top 27% of patent-holders) · 50 filings since 2022 vs 13 in 2017-21 rank vs industry peers · Fliar Intelligence Index 69/100 | $42M | 13 mo ago | 19 | Tomas Leijtens Cto | WebflowApple iCloud MailGoogle Workspace+11 | 8 signals Acquisition · Announcements | 63 patents Integrating robust interconnects and moisture barriers for perovskite‑silicon tandem solar modules | 1 job opening |
| 24 | mPower Technologies Manufacturer of solar modules for space applications and related solutions 48Funding top 30%Tech top 33%Growth top 35%Talent top 38% All 8 signals ▾Fundingtop 30% Techtop 33% Growthtop 35% Talenttop 38% Moattop 39% Globalbottom 37% Newsbottom 31% Marketbottom 23% Funding: Raised $31.4M across 6 rounds · 6 rounds over 6 yrs (1.0/yr) Tech: 35 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 rank vs industry peers · Fliar Intelligence Index 48/100 | $31M | 14 mo ago | 10 10 → 24 (+140%) | Murat Okandan Co-Founder | TurbopackNode.jsTailwind CSS+18 | — | — | 1 award |
| 25 | Merlin Solar Manufacturers of solar modules 55Product top 26%Funding top 27%Tech top 27%Growth top 35% All 10 signals ▾Producttop 26% Fundingtop 27% Techtop 27% Growthtop 35% Patentstop 43% Moattop 43% Innovationtop 50% Talentbottom 49% Globalbottom 40% Marketbottom 38% Product: 11 distinct product lines · Company stage: Acquired Funding: Raised $31.0M across 2 rounds · 2 rounds over 2 yrs (1.0/yr) rank vs industry peers · Fliar Intelligence Index 55/100 | $31M | 6 mo ago | 62 | Venkatesan Murali Founder | Wix eCommerceWixSentry+13 | — | 79 patents Metallic interconnects and surface treatments for photovoltaic module manufacturing | — |
| 26 | Novasentis Online platform offering electro-mechanical polymer based haptic actuators | $30M | 100 mo ago | 5 | — | — | — | 46 patents Steerable catheter actuation, polymer micro‑pumps, and haptic thin‑profile UI devices for minimally invasive medicine. | — |
| 27 | Lucintech Online platform offering solar modules | $29M | 156 mo ago | — | Al Compaan Co-Founder & CEO | — | — | 5 patents Manufacturing flexible, semitransparent photovoltaic cells and related color‑control technologies. | — |
| 28 | Liquid Wire Manufacturer of stretchable interconnects, strain sensors, and area sensing solutions | $25M | 17 mo ago | 38 | Mark Ronay Founder & CEO | HubSpot CMS HubGoogle Font APIFont Awesome+12 | — | 166 patents Stretchable electronics and deformable sensor systems for wearable health monitoring | — |
| 29 | Imprint Energy Zinc-based rechargeable batteries | $16M | 76 mo ago | 19 | — | — | — | — | — |
| 30 | Aveso Provides flexible display solutions for mass consumer applications | $14M | 190 mo ago | 8 | — | — | — | 37 patents Smart electrochromic label displays with integrated timing and printed optical layers | — |
| 31 | Oryontech Manufacturer of electroluminescent lighting lamps | $12M | 148 mo ago | — | Alex Hatzimaihail CEO | — | — | — | — |
| 32 | PowerFilm Thin film solar products | $11M | 189 mo ago | 35 | Derrick Grimmer Co-Founder | HubSpot CMS HubSite Search 360Facebook Login+22 | — | 2 patents Photovoltaic module encapsulation and integrated solar charging hardware | — |
| 33 | Active Surfaces Developer of ultra-thin, lightweight, flexible, low-cost solar cells. 16Talent top 38%Funding top 43%Moat bottom 38%Global bottom 36% All 6 signals ▾Talenttop 38% Fundingtop 43% Moatbottom 38% Globalbottom 36% Newsbottom 22% Marketbottom 21% Talent: 2 named leaders on record · 2 C-suite/founder profiles curated Funding: Raised $9.7M across 3 rounds · 3 rounds over 3 yrs (1.0/yr) rank vs industry peers · Fliar Intelligence Index 16/100 | $10M | 12 mo ago | 2 | Shiv Bhakta Co-Founder | — | — | — | — |
| 34 | Loomia Provider of a circuit technology designed for integration with e-textiles 37Growth top 35%Innovation top 41%Funding top 44%Tech bottom 49% All 7 signals ▾Growthtop 35% Innovationtop 41% Fundingtop 44% Techbottom 49% Productbottom 48% Globalbottom 36% Marketbottom 23% Growth: Fresh capital in last 24 mo Innovation: 1 product line · Deep-tech classification: Tech Hardware rank vs industry peers · Fliar Intelligence Index 37/100 | $8M | 21 mo ago | 9 | — | Cart FunctionalitySquarespace CommerceSquarespace+19 | — | — | — |
| 35 | Rohinni Developer of micro LED based lighting technology for creating very thin lighings | $7M | 94 mo ago | 30 | — | — | — | 279 patents Semiconductor die handling and transfer equipment for precise orientation and placement | — |
| 36 | Active Power management solutions provider specializing in battery management and motor control | $6M | 180 mo ago | 141 | — | — | — | — | — |
| 37 | Acellent Global leader in structural health monitoring solutions for safer, smarter structures | $6M | 71 mo ago | 18 | Irene Li President and CEO | WebflowjQueryHSTS+5 | — | 37 patents Advanced non‑destructive structural health monitoring and sensor self‑diagnosis technologies. | — |
| 38 | All Flex Flexible Circuits & Heaters Flexible Circuits and Flexible Printed Circuit Boards | $5M | 20 mo ago | 134 134 → 155 (+16%) | Greg Closser CEO & President | Cart FunctionalityWooCommerceWordPress+31 | — | — | 3 job openings |
| 39 | Flexpoint Develops sensors based on thin-film sensing technology | $4M | 254 mo ago | 3 | Clark Mower President/CEO | Cart FunctionalityWooCommerceWordPress+21 | — | — | — |
| 40 | Lux Semiconductors Provider of system-on-foil platforms for flexible electronics | $4M | 15 mo ago | 7 | Graeme Housser Co-Founder & CTO | — | — | 17 patents Advanced metal substrate manufacturing for high‑frequency semiconductor package interconnects | — |
| 41 | Energy Everywhere Developer of solar cells and modules | $4M | 110 mo ago | — | Paul Meissner CEO | — | — | — | — |
| 42 | Novarials Manufacturer of inorganic nanowires nanotubes and various other nanomaterial products | $3M | 132 mo ago | — | Xinjie Zhang Founder & President | WordPress Block EditorElementorCart Functionality+12 | — | 7 patents Ceramic nanowire separators and membranes for high‑performance batteries and filtration | — |
| 43 | Xunlight China Developers of lightweight and flexible solar modules | $3M | 199 mo ago | — | Deng Xunming Founder & CEO | — | — | — | — |
| 44 | Uniqarta Manufacturing process to develop thin, flexible semiconductor ICs | $2M | 80 mo ago | 7 | — | — | — | 42 patents Micro-assembly and placement of ultra‑small semiconductor components using specialized adhesive tapes | — |
| 45 | ACI Materials Manufacturer of conductive inks and substrates for flexible and printed electronics | $2M | 112 mo ago | 12 | Dana Hankey CEO/President | Cart FunctionalityWooCommerceWordPress+32 | — | — | — |
| 46 | Magnolia Solar Manufacturing thin film solar cell modules | $2M | 164 mo ago | — | — | — | — | 22 patents Patents concentrated in electrical & electronics | — |
| 47 | NavaFlex Manufacturer of flexible batteries for wearable devices, smart clothing, and IoT devices | $1M | 12 mo ago | — | Suvankar Sengupta Co-Founder & CEO | — | — | — | — |
| 48 | Amorphyx Provides display technology solutions based on the amorphous metal-nonlinear resistor (AMNR) | $1M | 60 mo ago | 14 | — | — | — | 65 patents Amorphous metal thin‑film transistors and diode‑backplane displays with low‑roughness gate structures | — |
| 49 | Ateios Manufacturer of high-energy, recyclable, PFA-free electrodes for battery makers | $1M | 2 mo ago | 10 | Carlos Munoz Founder | Node.jsVue.jsNuxt.js+8 | — | — | — |
| 50 | PI Energy Developer of cost-disruptive, waferless solar photovoltaic materials for rooftop installations | $101K | 25 mo ago | 5 | Phil Layton Founder & CEO | — | — | 1,199 patents Advanced power generation, fluid control, and uranium processing for oil/gas and nuclear sectors | — |
Top 12 Flexible Electronics companies in United States
#1
Public · Thornton, Colorado · founded 2005 · 16 employees$265.2Mraised▾
Manufacturer of flexible thin-film solar panels for varied applications. These photovoltaic modules are suitable for airborne vehicles, space missions, and agrivoltaic installations. The company utilizes CIGS chemistries with roll-to-roll manufacturing processes. The panels are built on a thin polyamide substrate.
- Jan 2026Post IPO$25M
- Dec 2025Post IPO$2M
- Oct 2024Post IPO$1.9M
- Apr 2023Post IPO$9M
#2
Series D · San Jose, California · founded 2018 · 75 employees$190Mraised▾
Developer of thermal management solutions for data centers and electronic devices. The company offers direct-to-chip liquid cooling and solid-state active air cooling products. These cooling solutions are applicable to consumer devices, industrial embedded systems, and data centers. The company's products aim to improve performance and enable compact designs.
- Mar 2026Series D$143M
- May 2024Series C$90M
- Dec 2022Series B$100M
- 2018Series A—
#3
Acquired · San Jose, California · founded 2016 · 62 employees$31Mraised▾
Manufacturers of solar modules. It provides crystalline silicon-based solar solutions which address deployments such as on metal roofs, auxiliary power for transportation, flush-mounted residential solar, and military applications. It also provides solutions for interconnect system that enables them to extract more power compared to standard solar panels and also improve the reliability performance, and ruggedness of the solar panels.
- Dec 2025Series B$16.1M
- Oct 2024Series B$31M
#4
Funding Raised · Baltimore, Maryland · founded 1997 · 11 employees$42.3Mraised▾
Innovative upper limb myoelectric solutions improving lives through advanced technology. They build streamlined solutions for individuals with upper limb loss and difference, transforming laboratory research into real-world medical solutions. They focus on developing meaningful devices, offering reliable and comfortable prosthetic solutions. Their expertise lies in flexible electronics, hardware, advanced machine learning algorithm design, and app-based clinician and patient user interfaces. They are committed to innovation in upper limb prosthetics, leveraging leadership and technical expertise to make a meaningful impact. They develop and manufacture FDA Class 1 and Class 2, CE marked devices. They are rooted in research and development, creating innovative solutions for a niche market.
- May 2025Grant (prize money)$4.3M
- May 2025Grant (prize money)$5.4M
- Apr 2025Grant (prize money)$2.4M
- May 2023Grant (prize money)$3.4M
#5
Series A · Golden, Colorado · founded 2017 · 19 employees$41.8Mraised▾
Provider of flexible perovskite solar cells. It uses hybrid organic-inorganic lead or tin halide-based material as the light-harvesting active layer. Its features include outdoor self-charging, high-performance flexible products, integration with building materials, and suitable power-to-weight ratios.
- Apr 2025Grant (prize money)$6.4M
- Dec 2023Series A$27M
- Nov 2020Series A$8.2M
- Jul 2019Grant (prize money)$225K
#6
Series A · Indianapolis, Indiana · founded 2017 · 10 employees$1.2Mraised▾
Manufacturer of high-energy, recyclable, PFA-free electrodes for battery makers. The company provides electrodes designed for faster production speeds. These electrodes are chemistry-agnostic and intended as a drop-in solution. The electrodes are designed to be environmentally friendly and easy to recycle.
- Mar 2026Series A$7.2M
- Apr 2025Seed$1M
- Dec 2024Grant (prize money)$350K
- Oct 2020Seed$1.2M
#7
Series B · Albuquerque, New Mexico · founded 2008 · 10 employees$31.4Mraised▾
Manufacturer of solar modules for space applications and related solutions. The company delivers high-volume production and rapid fulfillment of customizable modules. These modules adapt to complex applications and provide lower production costs. The company offers solutions for satellite constellations, lunar and deep space, and space logistics.
- Apr 2025Series B$21.1M
- Oct 2023Series B$16.2M
- Feb 2022Series B$10M
- Mar 2020Series A$5.3M
#8
Seed · Cambridge, Massachusetts · founded 2022 · 2 employees$9.7Mraised▾
Developer of ultra-thin, lightweight, flexible, low-cost solar cells. The company focuses on enabling any surface to generate solar energy. It utilizes novel manufacturing techniques and commodity materials to build solar cells for both established and emerging markets. The company aims to provide solutions for integrating solar technology into various applications, including roofing, canopies, vehicles, and electronics.
- May 2025Seed$1.3M
- May 2024Seed$5.6M
- Sep 2023Seed$3.6M
#9
Series B · Portland, Oregon · founded 2016 · 38 employees$25Mraised▾
Manufacturer of stretchable interconnects, strain sensors, and area sensing solutions. The company provides deformable electronics that maintain electrical performance while stretching, twisting, and flexing. Its Metal Gel technology enables the creation of interconnects and sensors for autonomous systems requiring durability, compact size, and integration. The company offers evaluation kits for assessing the behavior of its products under stress. It provides connection solutions like copper flex, flex polyimide boards, and ZIF connectors.
#10
Series D · Cambridge, Massachusetts · founded 2010 · 86 employees$392.8Mraised▾
Manufacturer of thin film flexible integrated circuits and electronic components. These ultra-thin chips utilize flexible substrates to enable integration into various physical objects and systems. The production process involves thin-film transistor technology to create circuits that function in environments where traditional rigid silicon chips are unsuitable. These components support applications in sensing, connectivity, and computing for consumer goods, packaging, and industrial automation. The manufacturing platform allows for the creation of high-density interconnects and compact system designs.
#11
Seed · Albany, New York · founded 2017 · 7 employees$4Mraised▾
Provider of system-on-foil platforms for flexible electronics. It develops a system-on-foil platform integrating the silicon circuitry for a patterned flexible silicon substrate. It has applications in IoT systems.
- Mar 2025Seed$2.9M
- Feb 2023Seed$2.3M
- Sep 2022Seed$1.5M
- Jan 2022Seed$150K
#12
Seed · Worthington, Ohio · founded 2021$1.4Mraised▾
Manufacturer of flexible batteries for wearable devices, smart clothing, and IoT devices. The company provides flexible, washable, and safe batteries designed for seamless integration. Its battery technology caters to applications such as wearable devices, smart clothing, workwear, athletic wear, military wear, health wearables, and smart pet accessories. It also offers superconductivity solutions featuring Bi-2212 powders and RE(Y)BCO targets.
- Jun 2025Seed—
- Jul 2023Grant (prize money)$1.4M
- Jun 2021Grant (prize money)$100K
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Flexible Electronics coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.