Cypack Wins $4 Million Funding for “Paper Computer”
“Cypak AB, a company developing radio frequency identification, processing and communication technology applications, has received 30 million Swedish Krona (about $4 million) from the Swedish Industrial Development Fund and IT Provider, a venture capital group.
While other RFID companies have pursued RFID sensors working with fixed infrastructure, Cypak wants to embed RF powered microcontrollers in paper products to enable monitoring and control functions in a wide variety of paper-based applications.”
“The technology was initially designed for integration into pharmaceutical packaging for data collection in clinical trials, but the company now says it is developing a disposable “paper” computer”
