Top 20 Clean Energy VC Funds & Investors in Finland (October 2026)
For AI agents: Short investor table (Markdown), Detailed investor list (Markdown)
| Investor | Relevant Deals | Geography | Stage | Focus | Round Size |
|---|---|---|---|---|---|
|
2C Ventures
VC Fund
|
3 | Estonia, Finland, Italy | Pre-Seed, Seed | Software, Renewable Energy, SaaS | $1M–$4.2M |
|
Business Finland
VC Fund
|
3 | Finland, United States, Sweden | Grant, Seed, Debt Financing | Software, SaaS, Biotechnology | $50k–$10M |
|
Superhero Capital
VC Fund
|
3 | Finland, Lithuania, Estonia | Seed, Pre-Seed, Venture - Series Unknown | Software, Information Technology, Artificial Intelligence | $114k–$7.3M |
|
Valve Ventures
VC Fund
|
2 | Finland | Seed, Series A, Venture - Series Unknown | Energy, CleanTech, Construction | $560k–$30M |
|
Voima Ventures
VC Fund
|
1 | Finland, Sweden, Norway | Seed, Pre-Seed, Series A | Biotechnology, Health Care, Artificial Intelligence | $464k–$30M |
|
Aura Group
VC Fund
|
1 | Australia, Finland, Singapore | Series A, Seed | Internet, Software, Financial Services | $600k–$9.3M |
|
European Investment Bank
VC Fund
|
1 | France, Germany, Spain | Debt Financing, Post-IPO Debt, Venture - Series Unknown | Biotechnology, Energy, Health Care | $8.7M–$587M |
|
Climate Investment
VC Fund
|
1 | United States, Canada, United Kingdom | Series B, Series C, Series A | CleanTech, Manufacturing, Energy | $3.5M–$60M |
|
Nefco
VC Fund
|
1 | Finland, Sweden, Denmark | Debt Financing, Post-IPO Debt, Grant | Energy, Renewable Energy, Sustainability | $1.8M–$12M |
|
Fortum
VC Fund
|
1 | Finland, Germany | Series A, Series B, Post-IPO Equity | Renewable Energy, B2B, Energy | |
|
Sitra
VC Fund
|
1 | Finland, The Netherlands | Venture - Series Unknown, Grant | Health Care, Biotechnology, CleanTech | $1.5M–$3.4M |
|
Inventure
VC Fund
|
1 | Finland, Sweden, United States | Seed, Series A, Series B | Software, Information Technology, Artificial Intelligence | $549k–$25M |
|
Cork
VC Fund
|
1 | Finland | Venture - Series Unknown | Energy, CleanTech, Clean Energy | |
|
Conor Venture Partners
VC Fund
|
1 | Finland, United States, Sweden | Series A, Series B, Seed | Software, Analytics, Semiconductor | $1.1M–$18M |
|
Momentum
VC Fund
|
1 | Norway, Finland, United Kingdom | Seed, Series A | Renewable Energy, Energy, Manufacturing | $401k–$18M |
|
Loudspring
VC Fund
|
1 | Finland, Sweden, United States | Venture - Series Unknown, Seed, Series A | Water, Energy, Software | $363k–$5.3M |
|
European Union
VC Fund
|
1 | Germany, United Kingdom, United States | Grant, Seed, Pre-Seed | Software, Information Technology, Health Care | $21k–$28M |
|
VNT Management
VC Fund
|
1 | Finland, Germany, Switzerland | Series B, Seed | Manufacturing, Electronics, Energy | $3.3M–$13M |
|
John Nurminen Oy
VC Fund
|
1 | Finland | Series A | CleanTech, Clean Energy, Renewable Energy | |
|
European Commission
VC Fund
|
1 | France, Spain, Germany | Grant, Seed, Pre-Seed | Software, Biotechnology, Artificial Intelligence | $55k–$51M |
| Access all 46 VC funds in Finland Clean Energy startups. | |||||
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2C Ventures is an early-stage venture capital firm investing in European cleantech startups driving the energy transition and circular economy. Backing visionary founders tackling climate challenges.
Show more...Investment focus
- Industry: Software, Renewable Energy, SaaS
- Stage:Pre-Seed, Seed
- Geography: Estonia, Finland, Italy
Investor stats
- Total investments: 11
- Round size: Seed $1.2M–$4.2M; Pre-Seed $1M–$2.3M
- Lead/follow: 73% lead, 27% follow
- Last fund: Likely still investing — raised $54M in 2024
Portfolio highlights
- GaltTec — GaltTec focuses on developing and marketing microtubular solid oxide fuel cells. GaltTec specializes in drones, off-grid equipment, IoT, portable devices, and space equipment. GaltTec was founded in 2022 and was headquartered in Tartu, Estonia.
- Bisly — Bisly is an Estonian startup developing intelligent building solutions.
- Nanordica Medical — Nanordica Medical develops novel nanoparticle-based antibacterial wound care products.
Business Finland finances business R&D projects and public research projects at universities, research institutes and universities of applied sciences. Read more about R&D and business funding.
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- Industry: Software, SaaS, Biotechnology
- Stage:Grant, Seed, Debt Financing
- Geography: Finland, United States, Sweden
Investor stats
- Total investments: 238
- Round size: Seed $334k–$3.5M; Grant $50k–$10M; Debt Financing $252k–$6.5M
- Lead/follow: 45% lead, 55% follow
- Last fund: May invest from a new fund soon — last raise in 2017
Portfolio highlights
- STRGY AI — The strategy was never the problem. The evidence was correct, sitting in someone's hands, and it died anyway because nothing in the organization was built to carry that evidence from where it was seen to where it could be acted on, and keep it alive long enough to matter. Not a bad plan. Not bad people. A structural gap between signal andauthority that every existing tool — decks, dashboards, status meetings — is too static and too easy to ignore to actually close.STRGY exists because that gap is the default state of every organization above a certain size, and closing it has always required either a heroic individual repeating themselves for years or luck (the corporate pilot needed one person to remember "do not drop this" at the right moment, and no one did). That's not a strategy problem to solve with a better framework — it's an infrastructure problem. You need something that holds the signal, doesn't forget it, doesn't get bored repeating it, and resurfaces it automatically the moment the gap between evidence and action starts to widen. That's what a human can't do reliably at scale, and what software with real memory can.
- Coolbrook — Our RotoDynamic electric technology can cut 30% of industrial emissions annually, delivering hope at industrial scale.
- Solar Foods — Solar Foods is a food-tech startup that specializes in testing a technology that uses electricity to produce hydrogen which is combined with carbon dioxide, water, vitamins, and minerals to feed and grow microbial biomass that can be used as edible protein. The industrial biotech startup develops a protein called Solein, a nutritious, sustainablesubstitute for animal-derived proteins. Solein is created using elements from the air—CO2, water, nitrogen—and electricity. This single-cell protein is cultivated through gas fermentation, essentially deriving edible calories from hydrogen-oxidizing microbes.
Some call you founders. We call you Superheroes. Seed stage VC investing in insight-driven startups in Finland and the Baltics. Tickets 100 K€ - 1000 K€.
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- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Seed, Pre-Seed, Venture - Series Unknown
- Geography: Finland, Lithuania, Estonia
Investor stats
- Total investments: 103
- Round size: Seed $228k–$2.6M; Pre-Seed $114k–$1.8M; Venture - Series Unknown $1.6M–$7.3M
- Lead/follow: 56% lead, 44% follow
- Last fund: Likely actively investing — fresh fund, raised $41M in 2025
Portfolio highlights
- Bilt.me — Describe your app idea and Bilt builds it. Preview on your phone, publish to the App or Play Store when you're ready.
- Guideless — Guideless turns any browser workflow into a polished, AI-narrated video guide in minutes. No screen recording, no tedious editing. Just turn on our Chrome extension, click through your process as you normally would, and instantly get a share-ready guide.Use cases: Product walkthroughs, customer onboarding, employee training, and supportdocumentation.Key features: - AI-written narration and natural voiceover. - Smart zooms and highlights for clarity. - Built-in captions for accessibility. - Always consistent and on-brand. - Shareable URLs, embed codes, and export to MP4How it works: - Add the Chrome extension. - Capture your workflow. - Share your guide.Privacy built-in: Your guides and data are never used to train AI models and are securely encrypted.Check https://guideless.ai/gallery and get inspired with curated guides showcasing workflows, product demos, and tutorials across every use case.
- SeeTrue Technologies — Ultra-low-power eye tracking from SeeTrue delivers accurate gaze data for AR/VR, microscope & camera eyepieces and wearables, powered by custom sensors.
Valve Ventures is a Helsinki-based angel and early-stage venture investor.
Show more...Investment focus
- Industry: Energy, CleanTech, Construction
- Stage:Seed, Series A, Venture - Series Unknown
- Geography: Finland
Investor stats
- Total investments: 15
- Round size: Seed $560k–$3.2M; Series A $2.5M–$30M; Venture - Series Unknown $1.1M–$4.1M
- Lead/follow: 20% lead, 80% follow
Portfolio highlights
- AISTI — AISTI develops wood fiber-based acoustic tiles that are carbon negative, easy to recycle and plastic-free – bringing sustainability to construction tile by tile.
- QHeat — QHeat offers Clean geothermal energy solutions for sustainable built environments
- Betolar — Betolar is a materials technology company that develops circular economy solutions for the mining, metals, and construction sectors by transforming industrial sidestreams and waste materials into valuable products. Its technologies support the production of low-carbon, cement-free construction materials and enable the recovery of critical andstrategic metals from industrial waste streams. The company provides material analysis, consulting, and recipe optimization services, utilizing digitalization, data platforms, and artificial intelligence to support research, development, and industrial applications. Betolar's solutions are designed to help reduce carbon emissions, decrease reliance on virgin raw materials, and improve the utilization of industrial byproducts. Its activities span construction materials, metal extraction technologies, and circular material solutions that support more resource-efficient industrial processes.
Voima Ventures’ mission is to solve major global problems by combining science, entrepreneurship, and value adding capital. They shed light on the ideas and technology which require time and courage to build. Industry domains include bio and new materials, medical technologies and life sciences, imaging and optics, IoT and electronics, robotics,software & ICT and AI. In addition, Voima Ventures has invested in more than 30 deep tech startups, including companies like Solar Foods, Infinited Fiber Company, and Dispelix. Cornerstone investors are VTT Technical Research Centre of Finland and European Investment Fund (EIF), backed by Finnish private and institutional investors.
Show more...Investment focus
- Industry: Biotechnology, Health Care, Artificial Intelligence
- Stage:Seed, Pre-Seed, Series A
- Geography: Finland, Sweden, Norway
Investor stats
- Total investments: 61
- Round size: Seed $1M–$5.9M; Pre-Seed $464k–$2.1M; Series A $3.9M–$30M
- Lead/follow: 64% lead, 36% follow
- Last fund: Likely still investing — raised $108M in 2023
Portfolio highlights
- Reduciner — Reduciner's vision to turn industrial CO₂ emissions from a liability into a valuable resource. Its technology converts captured carbon dioxide and biochar into valuable feedstocks such as carbon monoxide and activated carbon, enabling circular carbon use in emissions-intensive industries. Reduciner combines strong scientific expertise withindustrial applicability across sectors such as cement, steel, and chemicals. Its electricity-driven process allows industries to reduce emissions without major changes to existing infrastructure, offering a resilient and cost-competitive way to reduce carbon dependency while creating new value from CO₂ emissions.
- TheStorage — Flexible industrial heat electrification and scalable energy storage. TheStorage offers cost efficient, sustainable grid scale energy storage that can discharge heat, steam or CHP.
- Photoncycle — The year-round solar energy system for heating and electricity
Aura Group is a financial services company operating out of Australia and Singapore that provides tailored wealth and funds management solutions across the Asia Pacific region. Our vision is to build trust that lasts generations.
Show more...Investment focus
- Industry: Internet, Software, Financial Services
- Stage:Series A, Seed
- Geography: Australia, Finland, Singapore
Investor stats
- Total investments: 10
- Round size: Seed $600k–$1.7M; Series A $1.6M–$9.3M
- Lead/follow: 40% lead, 60% follow
- Last fund: May invest from a new fund soon — last raise in 2019
Portfolio highlights
- Betterx — Trade Securely and Trade for Good with BetterX! Join sophisticated investors in trading hundreds of assets | $BTTX Coming Soon
- Lygon — Lygon operates as a blockchain banking start-up. The Lygon platform is an industry solution that streamlines the bank guarantee process for everyone.
- Giftaway — Giftaway is an eGift platform that makes it easy for businesses to reward and incentivize stakeholders such as employees and customers.
The European Investment Bank (EIB) offers lending, borrowing, and treasury services primarily within the European Union. It provides project loans for public and private sectors, loans to banks and intermediaries, structured finance products, guarantees, and securitization instruments for debts. Additionally, EIB offers equity and fund investmentproducts, including infrastructure and environmental funds, as well as venture capital funds. EIB also supports microfinance and risk-sharing finance for research and innovation, and provides technical expertise for sustainable energy projects. Its services include infrastructure advisory, urban development support, guarantees for transport infrastructure, and funding for public-private partnerships and small- to medium-sized enterprises. The bank serves various sectors, including transportation, energy, health, education, and agriculture.
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- Industry: Biotechnology, Energy, Health Care
- Stage:Debt Financing, Post-IPO Debt, Venture - Series Unknown
- Geography: France, Germany, Spain
Investor stats
- Total investments: 595
- Round size: Post-IPO Debt $18M–$587M; Debt Financing $16M–$355M; Venture - Series Unknown $8.7M–$90M
- Lead/follow: 83% lead, 17% follow
Portfolio highlights
- VaxThera — VaxThera develops and produces vaccines to prevents and treats diseases.
- Santander Brasil — Banco Santander in Brazil, its largest division in Latin America and one of the world's most important, accounting for 50%.
- Reactive Technologies — Reactive Technologies we are committed to enabling a more intelligent use of energy, for the largest and most complex business to the smallest household. Our aim is to develop new technologies that will positively assist the energy industry to deliver cleaner, greener and more affordable energy, through more efficient and effective energymanagement and control. Through our innovative, cloud-based solution for Corporate customers – Tradenergy® – we have begun this process and with our pipeline of ground breaking new technologies we intend to continue.
OGCI Climate Investments focuses on delivering the transition to lower carbon emission energy sources. The leaders of the ten major oil and gas companies are committed to the direction set out by the Paris Agreement on climate change. They support its agenda for global action and the need for urgency. Through their collaboration in Oil and GasClimate Initiative (OGCI), they can be a catalyst for change in their industry and more widely.OGCI aims to increase the ambition, speed and scale of the initiatives they undertake as individual companies to reduce the greenhouse gas footprint of their core oil and gas business – and to explore new businesses and technologies.
Show more...Investment focus
- Industry: CleanTech, Manufacturing, Energy
- Stage:Series B, Series C, Series A
- Geography: United States, Canada, United Kingdom
Investor stats
- Total investments: 102
- Round size: Series A $5M–$26M; Series B $3.5M–$53M; Series C $5M–$60M
- Lead/follow: 53% lead, 47% follow
- Last fund: Likely actively investing — fresh fund, raised $450M in 2026
Portfolio highlights
- ANYbotics — ANYbotics provides autonomous legged robots for industrial applications to provide high availability and reliability in automated routine inspections.
- Insight M — Zeitview delivers drone-based inspections and AI-powered asset intelligence for solar, wind, utilities, oil & gas, and properties.
- Trace Carbon Solutions — Trace Carbon Solutions is focused on developing Carbon Capture and Sequestration (CCS) infrastructure to enable the decarbonization of an array of large-scale industrial emissions.
Nefco accelerates the green transition by providing risk capital to small and medium-sized projects with positive impact on the environment and climate.
Show more...Investment focus
- Industry: Energy, Renewable Energy, Sustainability
- Stage:Debt Financing, Post-IPO Debt, Grant
- Geography: Finland, Sweden, Denmark
Investor stats
- Total investments: 18
- Round size: Post-IPO Debt $4.3M–$8.4M; Debt Financing $1.8M–$12M
- Lead/follow: 44% lead, 56% follow
Portfolio highlights
- Korkia — Korkia is a global investor and developer of renewable energy projects focused on utility-scale solar, wind, and energy storage. The company develops projects across the full lifecycle, from early-stage site identification and permitting to financing, construction readiness, and asset management. Korkia works with local development partners andproject companies to co-develop industrial-scale plants in multiple markets. Its activities combine renewable energy project development with investment and fund management services for institutional and private investors. Korkia structures alternative investment funds and direct investments that channel capital into its solar, wind, and battery energy storage pipelines. Through this combined development and investment model, Korkia targets long-term value creation in the renewable power sector.
- Donkey Republic — Donkey Republic enables cities to create a better quality of life, getting people on two wheels. We provide a flexible, reliable and open bike sharing platform that adjusts to the needs of the city, and integrates to rest of the public transport. We provide bike- and ebike sharing service using virtual or physical docking stations, for both short-and long term rentals.
- Merus Power Dynamics — Merus Power provides advanced battery energy storage and power quality solutions designed and manufactured in Finland for reliable, efficient power systems.
By providing our customers and the Nordic energy system with a supply of reliable energy, we aim to power a world where people, businesses, and nature thrive together. With respect for the environment, decades of expertise and smart solutions, we strive to meet our customers' needs.
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- Industry: Renewable Energy, B2B, Energy
- Stage:Series A, Series B, Post-IPO Equity
- Geography: Finland, Germany
Investor stats
- Total investments: 5
- Lead/follow: 40% lead, 60% follow
Portfolio highlights
- Uniper — Uniper is an international energy company with about 11,000 employees. They combine a balanced portfolio of technologically advanced large-scale assets with outstanding technical and commercial expertise. Uniper is a German energy company based in Dusseldorf, North Rhine-Westphalia. It was formed by the separation of E.ON's fossil fuel assetsinto a separate company that began operating on 1 January 2016.
- Puro.earth — Puro.earth is the first B2B marketplace, standard, and registry focused solely on carbon removal. It mobilizes the world’s economy to reward carbon net-negative emissions. It does this by helping voluntary corporate buyers accelerate carbon dioxide removal at an industrial global scale. Puro.earth provides carbon removal as a service, throughidentifying suppliers, verifying their carbon removals, and issuing CO2 Removal Certificates (CORCs), an integral part of long-term procurement portfolios to fulfill net-zero pledges. Aiming at climate and economic impact, Puro.earth is driving forward a market of carbon-negative industries, enabling a new revenue stream to accelerate their growth.
- Infinited Fiber Company — Infinited Fiber Company is a Finnish biotech founded in 2016 to commercialize a breakthrough recycling technology that can turn cellulose-rich raw materials – like cotton-rich textile waste, used cardboard, or wheat or rice straw – into high-quality textile fibers with the look and feel of cotton. The patented technology has been validated byleading brands and is ready to be scaled. Infinited Fiber Company won the Europas 2020 Hottest Sustainability Tech Award, and was listed on the Global 50 to Watch by Cleantech Group in 2019. In 2016 Infinited Fiber Company was selected into WWF’s Climate Solver network. The company is headquartered in Espoo, Finland.
Access 48,091 investors
822 industries, 177 countries. Updated daily. Emails and phones included.
Browse database — It's Free!Sitra is the venture capital investment arm of Sitra specializing in investments in seed, start-ups, early stage opportunities, and other funds. The firm invests through its three programmes namely, Health Care Programme, the Food and Nutrition Programme, and the Environmental Programme. Within the Health Care Programme, investments are focused oncompanies engaged in paper-free health care, seamless services, decentralised specialised health care, and support services. Within the Food and Nutrition Programme, investments are made in enterprises engaged in the food and nutrition sector, including value-adding upgrading of raw materials and new applications and service concepts in food and nutrition technology.
Show more...Investment focus
- Industry: Health Care, Biotechnology, CleanTech
- Stage:Venture - Series Unknown, Grant
- Geography: Finland, The Netherlands
Investor stats
- Total investments: 9
- Round size: Venture - Series Unknown $1.5M–$3.4M
- Lead/follow: 22% lead, 78% follow
Portfolio highlights
- Naava — Naava helps you to make safer and healthier indoor spaces - experience Naava green wall, a striking combination of nature and high-end technology.
- Headai — We help organizations succeed in a rapidly changing future by helping them find answers in large amounts of data that they can't otherwise see. Our algorithms help customers see the big picture in scattered data by revealing unknown connections and even explaining why they exist. 100% own IP, combines the strengths of Natural LanguageProcessing, self-organized learning, reinforcement learning and 20+ years experience on cognitive sciences.
- SET Ventures — SET propels founders from early growth to European scale. We invest in and grow the solutions powering the digital energy economy.
Since 2005, Inventure has backed over 90 companies including Wolt, Swappie, Jobbatical, aiMotive, and more.
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- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Seed, Series A, Series B
- Geography: Finland, Sweden, United States
Investor stats
- Total investments: 180
- Round size: Seed $549k–$6M; Series A $1.3M–$17M; Series B $1.3M–$25M
- Lead/follow: 48% lead, 52% follow
- Last fund: Likely still investing — raised $140M in 2022
Portfolio highlights
- Lassie — Lassie is the first proactive and preventive pet insurance company that wants to help pet owners take better care of their pets
- Capalo AI — We maximize the value of your energy storage systems. Now and in the future.
- Algorithmiq — Algorithmiq utilizes its expertise in quantum information, complex systems, and computational physics to develop algorithms to develop new and effective drugs, solve problems in life sciences, and discover new materials.
Cork offers investing, advising, and executing services. They provides alternative investment opportunities, asset management, and management consulting. They provide their services by developing, buying, and managing international energy investments. Their consulting service include renewable energy, resource-wise industries, and sustainabletransport.
Show more...Investment focus
- Industry: Energy, CleanTech, Clean Energy
- Stage:Venture - Series Unknown
- Geography: Finland
Investor stats
- Total investments: 1
- Lead/follow: 100% lead, 0% follow
Portfolio highlights
- Norsepower Oy — Norsepower Rotor Sails | Wind Propulsion
Conor Venture Partners is a new breed technology venture capital fund and management company. Conor invests in early-stage companies originating from Nordic and Baltic countries. Investment areas include information and communications technology, embedded software, semiconductor technology, electronics, new materials and optics.
Show more...Investment focus
- Industry: Software, Analytics, Semiconductor
- Stage:Series A, Series B, Seed
- Geography: Finland, United States, Sweden
Investor stats
- Total investments: 49
- Round size: Seed $1.1M–$3.3M; Series A $3.9M–$8.8M; Series B $2.5M–$18M
- Lead/follow: 31% lead, 69% follow
- Last fund: May invest from a new fund soon — raised $60M in 2010
Portfolio highlights
- crystalsol — COLOKSGP hadir sebagai platform agen slot online terpercaya di Indonesia yang mengutamakan kenyamanan, kepraktisan, dan keamanan para penggunanya. Dengan tampilan website yang ringan dan ultra-responsif, kamu bisa menikmati seluruh permainan dengan mulus dari ponsel maupun komputer.
- Verto Analytics — Verto Analytics (Verto) operates a passive metering panel that provides researchers, advertisers, and publishers the data they need to keep up with the rapid and changing pace of consumer media consumption on every app, device, service, and platform. This ongoing, longitudinal panel captures a wide breadth of behaviors—all enriched to clients’behavioral analysis or custom survey studies. Our single-source, passive metering data sets provide the information needed to understand the full digital footprint of the U.S. population. Our Data Labs are located in the US, and in Helsinki, Finland. http://www.vertoanalytics.com.
- Aito Technologies — We are a world leader in Customer Experience Analytics for mobile operators. Aito provides better understanding and management the entire customer life cycle helping them identify key relationships and the context between business drivers, customer segments, networks, services, and devices, throughout the customer life cycle.
Momentum invests in companies with sustainability and climate impact at the heart of their business. We invest in innovative and ambitious teams, with a particular focus on the ocean industries, agriculture, renewables and construction/property (incl. energy efficiency).We typically enter in the seed stage, following our portfolio companiesall the way through their scaling.We roll up our sleeves and contribute to the development of our companies, always based on aligned incentives. Momentum brings competence and involvement to the table, not only equity.
Show more...Investment focus
- Industry: Renewable Energy, Energy, Manufacturing
- Stage:Seed, Series A
- Geography: Norway, Finland, United Kingdom
Investor stats
- Total investments: 17
- Round size: Seed $401k–$4.2M; Series A $8M–$18M
- Lead/follow: 41% lead, 59% follow
- Last fund: Likely actively investing — fresh fund, raised $37M in 2025
Portfolio highlights
- Birdsview — Sensor fusion of GPR radar, lidar and camera plus AI analysis: see inside any concrete structure without breaking it.
- TheStorage — Flexible industrial heat electrification and scalable energy storage. TheStorage offers cost efficient, sustainable grid scale energy storage that can discharge heat, steam or CHP.
- RENTICY LIMITED — Renticy provides an e-commerce and point-of-sale platform that enables retailers to offer rental and try-before-you-buy options on existing stock. The company supports online and in-store channels through plugins, APIs, and QR-based tools that add rental terms, deposits, and flexible billing into existing checkout flows. Its system managesbookings, customer onboarding, identity checks, fraud screening, payments, deposits, and real-time inventory for short-term and flexible rental models. Renticy offers built-in rental protection that helps merchants handle damage, loss, and non-returns within defined coverage limits. It also supports OWNit, a try-before-you-buy flow where customers trial items before deciding to purchase. The platform is used across categories such as electronics, fashion, musical instruments, and other consumer goods.
Loudspring is a cleantech accelerator in the Nordic region, boasting several fast growing and high impact companies that solve global challenges. The portfolio companies are active in energy- and resource efficiency as well as decentralized renewable energy and are based in Finland, Sweden and Germany. The company management consists of companybuilders and investors who have been active within the cleantech space for over a decade.The company is listed on First North Finland under the ticker LOUD and on First North Stockholm under the ticker LOUDS.
Show more...Investment focus
- Industry: Water, Energy, Software
- Stage:Venture - Series Unknown, Seed, Series A
- Geography: Finland, Sweden, United States
Investor stats
- Total investments: 19
- Round size: Seed $363k–$3.3M; Venture - Series Unknown $909k–$5.3M
- Lead/follow: 68% lead, 32% follow
Portfolio highlights
- Nuuka — Nuuka is a building SW scaleup from Finland. Nuuka specialises in diagnosing and optimising HVAC, energy systems, and indoor climate. The SaaS is optimal for large building portfolios, of new and old public and commercial buidlings, as it can be used with any BMS and HVAC system, IAQ sensor or energy meter. Nuuka improves indoor climate, energyefficiency, reduces operational cost and improves sustainability for real estate owners, developers, retail chains and whole cities. We use SW, AI and ML to transform and industry, and save the world one building at the time.
- Eagle Filters — Eagle Filters provides air filtration and efficiency solutions for turbine energy plants, offering better protection and higher performance.
- Sofi Filtration — Innovation in Industrial Liquid Filtration
Discover how the EU functions, its principles, priorities; find out about its history and member states; learn about its legal basis and your EU rights.
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- Industry: Software, Information Technology, Health Care
- Stage:Grant, Seed, Pre-Seed
- Geography: Germany, United Kingdom, United States
Investor stats
- Total investments: 229
- Round size: Seed $21k–$5.4M; Grant $64k–$28M; Pre-Seed $40k–$2.2M
- Lead/follow: 64% lead, 36% follow
Portfolio highlights
- BIOWEG — Founded in Germany in 2019, Bioweg is a purpose-driven company, matches BioInnOvation to business problems. Their research combine biotechnology, material science, and molecular simulation learning to develop and sell B2B advanced sustainable and bio-based high-performance ingredients. Their ingredients are 100% animal-free, globally scalable, andsustainably manufactured with green chemistry. The company partners with results-driven, forward-thinking companies and consumer brands with global reach in cosmetics, personal care, agricultural technology, and food/beverage sectors. Bioweg's innovative zero-waste circular process uses food industry waste as feedstock to produce bio-based microbeads, rheology modifiers and hydrocolloids that are completely free of microplastics and comply with the new ECHA regulation.
- Resolutiion — Resolutiion provides AI-powered software for managing commercial conflict, delivery risk, and business relationship performance. The platform supports organizations with dispute detection, workflow automation, contract monitoring, issue resolution, and operational risk management across customers, suppliers, workforce teams, and commercialpartnerships. Its system uses AI-driven analysis to identify relationship friction, monitor delivery performance, and support structured resolution processes. Resolutiion also provides commercial intelligence tools, reporting, and collaboration features for enterprise delivery and governance management.
- Greenwave Circularity — Greenwave Circularity is a specialized plastics manufacturing and clean technology company delivering sustainable packaging infrastructure, the enterprise utilizes state-of-the-art recycling automation to transform post-consumer scrap PET bottles into food-grade resins and packaging preforms.
VNT Management is a venture capital management company that offers its services to investors and entrepreneurs.The company offers investors with 3 venture capital funds, all of which focus on clean technology. Furthermore, it offers an IRR of 25% and a position in the top quartile of European venture capital funds. Entrepreneurs are offered withsupply management, business idea, application, and product concept development, and technology scanning and evaluation services.VNT Management was founded in 2002 and is based in Finland.
Show more...Investment focus
- Industry: Manufacturing, Electronics, Energy
- Stage:Series B, Seed
- Geography: Finland, Germany, Switzerland
Investor stats
- Total investments: 13
- Round size: Series B $3.3M–$13M
- Lead/follow: 8% lead, 92% follow
- Last fund: May invest from a new fund soon — raised $103M in 2011
Portfolio highlights
- DEPsys — Our advanced smart grid solutions and insights empower electricity DSOs and simplify their journeys through the energy transition.
- Visedo — Danfoss Editron specializes in hybrid and electric powertrain systems for off-highway and marine markets.
- Norsepower Oy — Norsepower Rotor Sails | Wind Propulsion
John Nurminen Oy is a company that provides distributor of nautical charts.
Show more...Investment focus
- Industry: CleanTech, Clean Energy, Renewable Energy
- Stage:Series A
- Geography: Finland
Investor stats
- Total investments: 1
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- AW-Energy — The company develops and delivers technology for converting ocean waves to electricity. AW-Energy has developed WaveRoller - a fully submerged wave energy converter which utilizes wave surge phenomenon. This commonplace effect is observed in near-shore waters where the circular motion of water particles present in open sea waves changes intoelliptical circulation due to more shallow bottom. Before the waves break, typically at the depth of 8-20 metres this elliptical motion is so flat that it is essentially a horizontal back-and-forth movement of water. WaveRoller device is a Panel anchored at its base on the sea bed. The back and forth movement of the wave surge moves the Panel, transferring the kinetic energy to piston pumps. The pumps create a great deal of pressure which is fed into a combination of hydraulic motor/generator, which in turn produces electricity. The nominal capacity of a single commercial-scale Panel ranges between 500 – 1000 kW, depending on the wave resources available on the site. WaveRoller has the ability to generate energy on a wide spectrum of wave states and is also well suited for locations where wave periods are long and the swell is strong.A series of WaveRoller devices can be combined into an array, thus resulting in a wave farm. Since the plant construction is modular with a high degree of independence between individual units, there is no natural upper limit to the number of WaveRoller units that can be used, therefore offering a high level of scalability and reliability. The electricity output from an individual Panel is connected to a hub/substation, thus making it easy to plug-in new units in separate project development stages, as the new capacity is added to the farm. Also, any potential underperformance or service & maintenance breaks of individual units have no impact on the remaining units, thus ensuring uninterrupted power output from the overall farm.The first prototypes were designed and patent applications were filed as early as in 1999, when Rauno Koivusaari, the original inventor co-operated with Fortum Research Centre during the conceptual phase. Since then the technology has evolved following numerous laboratory and wave-tank test trials and ongoing mathematical simulations. Open sea trails started in 2004 and included the Gulf of Finland, marine tests conducted in the European Marine Energy Centre (EMEC), Scotland, and an own testing site in Peniche, Portugal. The subsequent successes and encouraging test results led to continuous increase in the scale of the demonstration plant.The latest demonstration plant/farm consisting of three 100kW WaveRoller units (total nominal capacity of the farm 300kW) is to be deployed in Peniche, Portugal, during the second quarter of 2012. The final assembly is nearing completion in the first quarter of 2012 and will be awaiting suitable weather conditions for the deployment in the following months. The farm will be connected to national grid in Portugal. The company has already secured all the necessary permits and, additionally, holds a licence for 1MW grid connection.
The official website of the European Commission, providing access to information about its political priorities, policies and services
Show more...Investment focus
- Industry: Software, Biotechnology, Artificial Intelligence
- Stage:Grant, Seed, Pre-Seed
- Geography: France, Spain, Germany
Investor stats
- Total investments: 307
- Round size: Seed $117k–$10M; Grant $117k–$51M; Pre-Seed $55k–$5.4M
- Lead/follow: 68% lead, 32% follow
- Last fund: May invest from a new fund soon — last raise in 2014
Portfolio highlights
- Olenbee — Olenbee develops fintech solutions that connect employee benefits directly to everyday card spending. The company offers a mobile application and employer platform that link meal vouchers, gift vouchers and other planned benefits to employees’ usual bank cards and accounts. Its title-restaurant product Olenfood allows food-related expenses to beidentified from card transactions and reimbursed in line with regulation. The Olengift service applies the same principle to gift vouchers without dedicated cards or closed merchant networks. Olenbee also works on additional benefit lines such as culture, sustainable mobility, sport, holidays and home office support. Its infrastructure is designed to handle eligibility rules and integrate with HR and payroll processes for employers, while providing dedicated spaces for merchants and employees.
- VaxThera — VaxThera develops and produces vaccines to prevents and treats diseases.
- Sanofi Germany — Sanofi is a life sciences company specialising in the development, manufacture, and marketing of innovative therapeutic solutions.
Clean Energy VC funding in Finland at a glance
Stats across 26 deals from 46 investors.
Access all 46 VC funds in Finland Clean Energy startups.
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