Top 50 Energy VC (Venture Capital) Funds in Finland in May 2026
Top 50 Energy VC (Venture Capital) Funds in Finland in May 2026
| Investor | Energy Finland investments |
|---|---|
| Lifeline Ventures | 15 |
| Tesi | 11 |
| Butterfly Ventures | 10 |
| Business Finland | 9 |
| Finnvera Venture Capital | 9 |
| Superhero Capital | 4 |
| Finnish Climate Fund | 4 |
| Stephen Industries | 4 |
| Springvest | 3 |
| Voima Ventures | 3 |
| Nidoco | 3 |
| VTT Ventures | 3 |
| Wave Ventures | 3 |
| Grid.vc | 3 |
| Halton Ventures | 2 |
| Redstone.VC | 2 |
| Turret Oy | 2 |
| Holdix Oy Ab | 2 |
| Emerald Technology Ventures | 2 |
| Heraeus | 2 |
| Übermorgen Ventures | 2 |
| PC Rettig & CO Impact | 2 |
| Nordic Option | 2 |
| JOINT JOURNEY | 2 |
| True Ventures | 2 |
| Innovestor | 2 |
| Bragiel Brothers | 2 |
| PeakBridge | 2 |
| Inventure | 2 |
| 2C Ventures | 2 |
| Maki.vc | 2 |
| UB FIGG | 2 |
| Sitra | 2 |
| Valve Ventures | 2 |
| Gorilla Capital | 1 |
| Union Square Ventures | 1 |
| Green Campus Innovations Oy | 1 |
| VTT Technical Research Centre of Finland | 1 |
| Cherry Ventures | 1 |
| CFT Nordic Capital | 1 |
| Ecolab | 1 |
| Aura Group | 1 |
| C2 Ventures | 1 |
| OMV Petrom | 1 |
| European Circular Bioeconomy Fund | 1 |
| Sojitz | 1 |
| Finnfund | 1 |
| Goldacre | 1 |
| LähiTapiola | 1 |
| Starlight Ventures | 1 |
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Find investors — It's Free!Lifeline Ventures Oy is a venture capital firm specializing in startups, growth capital, and early stage investments. The firm seeks to invest in healthcare, games, web based and general high technology sectors. It seeks to invest in Finland with a few investments made outside Finland as well. The firm targets investing between €0.5 million ($0.66million) and €1 million ($1.32 million). It seeks make inception to Series A investments. Lifeline Ventures Oy was founded in November 2009 and is based in Helsinki, Finland.
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- Software, Health Care, E-Commerce
- Seed, Series A, Funding Round
- Finland, United States, United Kingdom
Portfolio highlights
- ICEYE — Gain access to timely and reliable SAR imaging from the world's leading New Space SAR satellite constellation.
- Supercell — Visit Supercell.com and find out more about us and our games.
- Nordcraft — Create AAA web apps that delight your users
Finnish Industry Investment Ltd is a government-owned investment company. It invests the proceeds accrued from the privatisation of state-owned companies in stimulating the growth and internationalisation of Finnish businesses.Finnish Industry Investment invests in venture capital funds and directly in growth companies, together with privateco-investors. The targets are in all sectors. Capital investments are needed for financing the growth of investee companies, and for spin-offs, major industrial investments, and sector and corporate restructurings.The investments of Finnish Industry Investment amount to over MEUR 570
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- Software, Manufacturing, Health Care
- Funding Round, Series A, Series B
- Finland, United States, Switzerland
Portfolio highlights
- ICEYE — Gain access to timely and reliable SAR imaging from the world's leading New Space SAR satellite constellation.
- Wirepas — Wirepas offers a standards-based, ultra-reliable mesh connectivity for infrastructure-grade IoT. Proven in millions of devices worldwide.
- Measurlabs — We provide testing services for any material, product, or chemical, helping product developers and quality managers get the information they need about their products.
Butterfly Ventures is a seed-stage focused VC in the Nordics, investing in deep tech, hardware, and hardware interfacing software. The company prefers to get involved with companies early on; 80% of Butterfly Ventures portfolio companies don't have any revenue at the time of their entry. Butterfly Ventures was founded in 2012 and ever sincethen it has been one of the most active early stage VCs in the region. The company has offices in Oulu, Helsinki and Stockholm.
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- Health Care, Software, Information Technology
- Seed, Funding Round, Pre-Seed
- Finland, Sweden, Norway
Portfolio highlights
- Atium — Clean water is one of the largest future challenges we stand before, and toxic pollutants are a large contributing factor. Heavy metals are some of the most toxic chemicals to human health and it is our goal, through our innovation, to contribute to a world where water treatment is more environmentally friendly and effective. Atium exists to helpensure clean water, for everyone.
- Zenniz — Zenniz is an ITF approved game tracking solution that provides real-time info, such as automated line calling, stroke and serve speeds, shot charts, match statistics and more. Players and coaches at all levels can use Zenniz on and off the court to help improve their game. For tennis clubs, Zenniz is an easy and cost-effective way to upgrade to thenext level. Due to a new, innovative sensor technology, they’ve been able to keep the cost to a minimum, making Zenniz accessible for all clubs, coaches and players.
- Popit — Popit makes medication connected with a unique, medical grade solution. It tracks medication use automatically and reminds ONLY if you miss. Developed together with healthcare professionals.
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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- Software, SaaS, Biotechnology
- Seed, Grant, Funding Round
- Finland, United States, United Kingdom
Portfolio highlights
- AIATELLA — Automating medical image analysis
- SparkReceipt — Scan, categorize, and stay tax-ready automatically with AI. Built for small business owners and entrepreneurs who want to cry less over receipts, and stay organized all year.
- University of Eastern Finland — The University of Eastern Finland is a multidisciplinary university which offers teaching in more than 100 major subjects. The university comprises four faculties: the Philosophical Faculty, the Faculty of Science and Forestry, the Faculty of Health Sciences, and the Faculty of Social Sciences and Business Studies.
Finnvera makes direct investments in early-stage enterprises through Seed Fund Vera Ltd. Finnvera's goal is to cover shortcomings existing on the market between product development funding and private equity investments. Finnvera does not compete with private financiers; instead, it strives to supplement the financial market.Finnvera'sinvestments enable, start and accelerate growth and internationalisation among investment targets. Enterprises are developed to make them attractive targets for further financing by other investors and industrial actors. Investments are made in technology enterprises at an early stage and in technology-intensive or innovative service enterprises that have potential for developing into international growth enterprises.Finnvera is also known as a specialised financing company owned by the State of Finland. It provides its clients with loans, guarantees, venture capital investments and export credit guarantees.
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- Software, Health Care, Information Technology
- Seed, Funding Round, Series A
- Finland, United States, Switzerland
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.
- ARAUCO — ARAUCO is a diversified global company in the forestry industry. They use world-class technologies and processes throughout the value chain. They are present in the forestry, pulp, timber, panels and renewable energy businesses.
- Nexstim — Nexstim is a medical device company that specializes in image-guided transcranial magnetic stimulation. The company is committed to improving the quality of life of patients with significant unmet clinical needs. It has developed a SmartFocus TMS technology designed for the treatment of the major depressive disorder.The company was founded in2000 and is headquartered in Helsinki, Southern Finland.
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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- Software, Information Technology, Internet
- Seed, Pre-Seed, Funding Round
- Finland, Lithuania, Estonia
Portfolio highlights
- Zadaa — We are the world’s first marketplace to make selling and buying secondhand as simple as in an online store. We have revolutionised C2C logistics regarding pricing and marketplace integration between multiple logistic companies operating on different markets. Zadaa is live on German, Danish and Finnish markets.
- ADESANTE — SurgeryVision is a Virtual Reality solution for Surgeons. Product is intended to be used for planning surgical procedures.
- Copla — Simplify cybersecurity compliance with automated workflows, audits, and risk management. Our expert CISO team tailors solutions to your organization's needs.
The Climate Fund focuses on combating climate change, boosting low-carbon industry and promoting digitalisation.
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- Energy, Renewable Energy, Manufacturing
- Debt Financing, Funding Round, Series A
- Finland
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.
- Enifer — Enifer Bio is an expert at squeezing every last drop of value from biorefining operations. The solution is built on decades of Finnish expertise to allow the production of valuable protein-rich feed from streams previously considered worthless. The company has developed a new, sustainable production process for high-quality fish feed raw material.The company's method enables the efficient production of a single cell protein from fish by-products as a raw material for fish feed. The protein can replace soy, which is commonly used in fish feed and whose cultivation poses ecological challenges, such as deforestation in South America.
- Volare — Refining food industry side streams into sustainable protein, oil and fertilizers.
We fund futurebreakthroughs
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- Apps, Water, Energy
- Seed, Funding Round, Series A
- Finland
Portfolio highlights
- StemSight — StemSight is a Finnish high-tech startup developing cell therapies for corneal blindness using human pluripotent stem cells.
- HYPERMINE — Hypermine a novel laser-based mineralogy sensing technology to optimize resource recovery and reduce the negative environmental effects of mining.
- TILT Biotherapeutics — TILT Biotherapeutics is the leading company globally working in the area of enabling tumor T-cell therapy with oncolytic viruses. TILT is a preclinical stage company working in the field of cancer immunotherapy and will soon translate its unique approach into clinical trials. The company’s patented technology involves utilization of oncolyticviruses for enhancement of tumor T-cell therapy. Initial embodiments of the technology will be used to enhance tumor infiltrating lymphocyte (TIL), chimeric antigen receptor (CAR-T) and checkpoint inhibiting antibody therapy. The TILT approach has the potential to achieve similar results in CAR-T therapy of solid tumors as currently achieved for CD19+ hematological tumors.
The Citizenship Fund started out when the founders of the company discovered in their previous positions that a promising Finnish growth company will spend a great deal of time and energy in arranging financing. A good business idea and a team with excellent team could take months in financial negotiations and the outcome could be a return to thestart-up. At the same time, investors often wanted new types of higher potential investments alongside traditional alternatives.These two challenges were possible by removing the promising growth companies as investors, even for non-traditional venture capital investors. Citizenship wanted to create a service in which the company would be able to capitalize on business quickly and flexibly, but the decision-making business would be left to the company itself. From today's point of view, Springvest's goal is that an increasing number of Finnish investors can get involved in the story of Finnish growth companies and potential success.
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- Biotechnology, Health Care, Energy
- Series A, Funding Round, Seed
- Finland
Portfolio highlights
- ReOrbit — Looking for a way to keep your data flowing in space? ReOrbit has you covered with our line of autonomous and inter-networking satellites!
- Volare — Refining food industry side streams into sustainable protein, oil and fertilizers.
- Solar Foods — The Finnish company Solar Foods Oy produces an entirely new kind of nutrient-rich protein using only air and electricity as the main resources. The goal of the company is to start commercial production of the environmentally revolutionary protein in 2020.Solar Foods’ concept redefines the basics of food production, as it is not dependent onagriculture, the weather, or the climate. The price of the protein product is also competitive compared to sources such as soy protein.
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.
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- Biotechnology, Health Care, Artificial Intelligence
- Seed, Pre-Seed, Funding Round
- Finland, Sweden, Norway
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.
- Farang — Farang is an AI research lab based in Sweden developing the next-generation of foundational Large Language Models. The company was founded in 2025 and consists of a team of highly experienced researchers, developers, entrepreneurs and business professionals, joined by prominent deep-tech VCs and angel investors.
- Avenue Biosciences — From biotechnology tools to therapy discovery and development: Our platform enhances production yield and the quality of your end product.
Nidoco AB is a Swedish investment company whose strategy is to create long-term value through active ownership of public and private companies.
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- Software, Health Care, Apps
- Seed, Funding Round, Series A
- Finland, Sweden, Estonia
Portfolio highlights
- Ponta — Ponta is an ad tech company that connects enterprise companies with their audiences through cutting-edge solutions. We partner with companies that understand that advertising works only when showing your message to real humans paying attention.
- Betolar — Betolar is a new materials startup specialized in new geopolymer-based carbon-neutral construction materials for the construction industry and circular economy.
- TactoTek — Set your imagination free and create user experiences with the help of sustainable smart molded structures.
VTT is a powerhouse of technology development and scientific research. Many of the most significant Finnish technology start-ups were brought to life at VTT. Do you want to invest in ongoing ventures?
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- Biotechnology, Manufacturing, Sensor
- Seed, Funding Round, Series A
- Finland
Portfolio highlights
- Dispelix — See-through, full color waveguide combiners for a wide range of XR applications. From near-eye to head-up.
- Solar Foods — The Finnish company Solar Foods Oy produces an entirely new kind of nutrient-rich protein using only air and electricity as the main resources. The goal of the company is to start commercial production of the environmentally revolutionary protein in 2020.Solar Foods’ concept redefines the basics of food production, as it is not dependent onagriculture, the weather, or the climate. The price of the protein product is also competitive compared to sources such as soy protein.
- 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.
Founded in 2016, Wave Ventures is the largest student-run VC in Europe, backed by Nordic unicorn founders, investing in Gen Z entrepreneurs at the earliest stage. We operate both from Finland and Sweden with a team of five people from the top universities in the region.
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- Software, Internet, Mobile Apps
- Seed, Pre-Seed, Funding Round
- Finland, Sweden, Germany
Portfolio highlights
- Bought — A fully automated secondhand marketplace unleashing the 95% of hidden secondhand supply with AI.
- Sustashift — Sustashift offers a comprehensive legal CSRD reporting tool, providing tailored audit templates and automated XBRL tagging to streamline compliance and reduce manual reporting efforts.
- Bahn Express — Bahn Express is a global car transportation company that supports independent contractors while offering quick and easy auto shipping throughout Europe.
Grid.vc is the first investor in superb teams disrupting the energy business.
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- Energy, Renewable Energy, SaaS
- Seed, Pre-Seed, Funding Round
- Finland, Estonia
Portfolio highlights
- Bioreactor — Bioreactor is a revolutionary technology that converts bio waste into clean energy through biomass gasification. It's a sustainable, efficient and cost-effective solution that addresses energy poverty, energy security and climate change. With the use of the latest technology in computational fluid dynamics, cloud-optimized digital twin anddeep learning algorithms, the Bioreactor can optimize its performance in real-time over a wide range of fuels and operating conditions. The Bioreactor is a game changer in the energy industry, it can reduce greenhouse gas emissions, drastically lower energy costs, and help to alleviate energy poverty on a national scale.
- Safegrid — Smarter sensors for a smarter grid
- Vensum Power — Revolutionizing power conversion. More power in same package, less energy waste and low maintenance.
Halton Ventures operates as a venture capital firm.
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- Smart Building, Energy, GreenTech
- Funding Round
- Finland
Portfolio highlights
- Smart Heating — Smart Heating focus on hybrid heating systems for real estates. Smart Heating implements energy-efficient heating solutions for more than 100 buildings.
- Soletair Power — Soletair Power is a Finnish startup founded in 2016, operating in the fields of Direct Air Capture and power-to-X technology. The company captures CO2 from the air by retrofitting buildings' ventilation systems with carbon capture technology, resulting in low building emissions. Captured carbon dioxide can be mineralized into concrete, storedas pressurized gas or liquid, transported, and used as raw materials to produce synthetic products. In 2020, Wärtsilä, together with Soletair Power and Q-Power, created their first enclosed Power-to-X unit in the world which can produce synthetic methane from air-captured CO2 straight from the Finland pavilion in Expo 2020 Dubai, United Arab Emirates. The company has delivered multiple carbon dioxide capturing units since then to Germany, Finland, and Denmark.
The Redstone team is an international and diverse group of serial entrepreneurs, investors, investment professionals, tech analysts and data scientists.
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- Software, Information Technology, Health Care
- Seed, Series A, Funding Round
- Germany, Finland, France
Portfolio highlights
- CommerceClarity — CommerceClarity offers AI-powered catalogue optimization solutions that turn catalogue operations into a competitive advantage.
- Connectome Health — Connectome is a cognitive intelligence platform that measures and understands how the brain changes over time using transparent, science-backed data people and organisations can trust.
- Multiverse Computing — World leaders in quantum computing for the financial industry. The first quantum & quantum-inspired toolbox for finance.
Turret Oy is an investment vehicle controlled by Paul Ehrnrooth
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- Energy, Farming, Seafood
- Funding Round, Seed, Series A
- Finland
Portfolio highlights
- Digitalist — Say hello to Digitalist in Finland, your true partner for digital transformation. From customer experience consulting to cutting-edge technology services, we help businesses to future-proof their operations.
- TactoTek — Set your imagination free and create user experiences with the help of sustainable smart molded structures.
- Hycamite TCD Technologies — Hycamite is decarbonising industry using its proprietary methane pyrolysis technology. It provides its industrial clients with low-carbon hydrogen and sustainable carbon products for demanding applications.
Holdix Oy Ab is a Finnish family-owned investment company situated in Helsinki. Our investment policy is based on responsible and active ownership, long-term perspective, sustainable value creation, and environmental considerations.
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- Renewable Energy
- Seed, Funding Round
- Finland
Portfolio highlights
- Polar Night Energy — Polar Night Energy - Seasonal heat storage in district heating and industrial applications. The energy revolution is here.
- Nordic Umami Company — Developing all-embracing sustainable flavours to accelerate plant-based eating.
- Hycamite TCD Technologies — Hycamite is decarbonising industry using its proprietary methane pyrolysis technology. It provides its industrial clients with low-carbon hydrogen and sustainable carbon products for demanding applications.
Emerald Technology Ventures specializes in clean technology venture capital. Founded in 2000, Emerald focuses on the areas of energy, water, and materials. From offices in Zurich, Switzerland and Toronto, Canada, Emerald manages several venture capital funds and venture capital portfolio mandates.
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- Manufacturing, Software, Energy
- Funding Round, Series B, Series A
- United States, Germany, Finland
Portfolio highlights
- Vytal — Start the Packaging Revolution! We are offering smart & reusable To-Go Packaging-as-a-Service to gastronomy clients & consumers.In Germany the consumption of take-away, convenience and delivery food & drinks is responsible for about 281 kilotons of single-use packaging waste for immediate consumption and is growing at double digitrates. Most of the time, To-Go food containers, snack boxes or coffee cups have a very short life-span of only 30 minutes after which they are tossed into trash (or litter parks, beaches & the ocean). This is not only a giant waste of economic resources as each single use costs between 15 and up to 0,60€ for a stable bowl/box with a lid. It is a horrendous waste of environmental resources (wood, water, crude oil, metals & energy) that are used to produce this packaging. Therefore, a single use packaging not weighing more than 30 grams can easily come with an ecological backpack of more than 8 kilograms when taking into account all the resources used in production (material intensities taken from Wuppertal Institute for Climate, Environment and Energy). Looking at GHG emissions, the picture is similarly bleak: Using CO2 emission factors and the detailed material mix of the single-use packaging waste analyzed by NABU (German Nature and Biodiversity Conservation Union), the 281 thousand tons waste from To-Go consumption generated around 556 thousand tons of CO2 or the equivalent of 195k passenger cars per year (assuming an average distance travelled of 15,000km). With the expected rise of take-away, convenience and delivery food, the related emissions are expected to increase at double digit rates as waste volume is expected to increase and as we saw a shift to plastics relative to cardboard or other materials. While there is a growing awareness of the problem, especially in Germany, there is no scalable solution yet and the commonly used alternative of nature-based & ‘biodegradable’ materials like bagasse or PLA also require many resources for production & transport, and have to be incinerated or go to landfill after use as there is currently no way to compost them.
- Fido Tech — FIDO AI provides innovative water leak detection and management solutions using cutting-edge technology to drive sustainability and efficiency in water systems.
- Keto Software — Strategic portfolio management to steer you through your strategic initiatives in business. Our product Keto AI+ Platform helps you to manage all your OKRs, strategies and Programmes & project portfolios.
Heraeus, the technology group headquartered in Hanau, Germany, is a leading international family-owned portfolio company.
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- Manufacturing, Biotechnology, Therapeutics
- Seed, Corporate Round, Series A
- Germany, China, Japan
Portfolio highlights
- CSMH — Compound Semiconductor (Xiamen) Technology Co., Ltd. is an advanced semiconductor manufacturing technology based joint venture company invested from the Korea, China and Singapore, registered in the city of Xiamen, China. We have equipped with advanced semiconductor manufacturing tools including MPCVD, MOCVD, LPCVD, HVPE and high temperature PVDto produce high quality Diamond wafer and AlN template on various substrate including Si, sapphire, and polished diamond. Our mission is to be the most advanced compound semiconductor company in the global market, contributing to the related technology development. We have strong R&D team and actively collaborate with best research group around the world. Currently, we are providing the thermal grade polycrystalline diamond, which can be used as an effective heat sink aims to solve the heat issue in temperature sensitive device, such as power devices, lasers and avalanche photodiodes etc. We also provides wafer scale polished diamond with sub-nanometer RMS surface roughness, which might be suitable for the integration of GaN, GaO and AlN epilayers and devices on Diamond via direct bonding or heteoepitaxy.
- Holosolis — Holosolis contributes to the EU’s goal of local PV module production and curbing global warming. We will build the largest photovoltaic panel factory in Europe.
- Tsubame BHB — Tsubame BHB is a Sales company
We are an early stage VC for climate tech startups.
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- Software, Energy, Renewable Energy
- Seed, Pre-Seed, Funding Round
- Germany, Switzerland, Finland
Portfolio highlights
- Ecair — Ecair provides software for indoor air quality and energy management. The platform aggregates data from connected sensors to track pollutants, CO2, humidity, temperature, and particulate matter in real time. Dashboards, alerts, and APIs support building operations, facility managers, and ESG teams. Algorithms estimate exposure, flag ventilationissues, and suggest HVAC adjustments to balance comfort, health, and energy use. Reporting tools support certifications and compliance, and data exports integrate with BMS, CMMS, and data warehouses. Services include device provisioning, calibration management, and analytics consulting for multi-site portfolios.
- Exnaton — Exnaton offers a flexible SaaS platform for the decarbonized, decentralized and digital energy future. We move ahead with energy communities. Exnaton offers software for energy communities and dynamic energy tariffs. With our SaaS solution, utilities can easily build a digital customer channel, offer new renewable energy products, and reduce manual effort for managing distributed resources. We enable energy communities according to REDII, models for shared investments in photovoltaic, batteries and more, collective self-consumption billing, self-consumption communities and participation models for tomorrow's energy market.
- Milvus Advanced — Our Midas-touch alloys replicate the functional properties of platinum-group metals at a fraction of the cost.
PC Rettig & CO Impact
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- Mining, Robotics, 3D Printing
- Seed
- Finland
Portfolio highlights
- Hyperion Robotics — We are accelerating the transition to sustainable and automated construction with Concrete 3D Printing.
- Polar Night Energy — Polar Night Energy - Seasonal heat storage in district heating and industrial applications. The energy revolution is here.
Nordic Option is a private equity fund focusing its investments on growth companies. It provides capital investments in small and medium-sized growth companies that have already established themselves in Northern Finland. The fund's investment strategy includes the possibility to make up to 5 early-stage growth investments with one millioneuros.The firm's value of investments in portfolio companies is approximately EUR 10 million and the value of loans granted is approximately EUR 1 million.
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- Software, Manufacturing, 3D Technology
- Funding Round, Seed, Series C
- Finland
Portfolio highlights
- Haltian — We solve the challenges of a sustainable future, one IoT innovation at a time
- SensorFu — SensorFu detects new network leak paths before they are exploited. If you're required to operate isolated networking environments, SensorFu helps you to anwer question: is my network isolation working as intended? Leaks from isolated network segments can be a result of human error or malice, and they may violate security policies orcontractual obligations. SensorFu automates previously manual audit checks, and it empowers IT- and IT security ops to ensure continuous network, and network segment isolation that meets their mission specific policies and regulatory requirements. SensorFu Beacon is available as virtual appliance, software application and as hardware appliance.
- Brightplus — Brightplus is an innovative renewable materials manufacturing company from Finland. We specialise in design and development of new functional properties for industrial biomaterial solutions. We cater for industries like packaging, construction, cosmetics and consumer goods. Our expertise is based on developing solutions to multiple industries andproviding fast prototyping and full fit for customers’ production lines. Our deep chemical BrightBio® technology creates an optimal fit between coatings, barriers and plastic replacing materials to help you in raising your material functionality to the next level.
Active investment firm that calling founders with a great product vision across diverse industries
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- Software, Information Technology, Artificial Intelligence
- Seed, Funding Round, Pre-Seed
- United States, Russian Federation, United Kingdom
Portfolio highlights
- Renova — AI-driven no-code platform for insurance industry.
- Whizz — My Device is a subscription-based rental service provider for devices like electric scooters, bicycles, home sports equipment, etc.
- inspace — inspace is the innovative platform that streamlines workplace management and optimizes space utilization. Elevate your workplace experience with inspace.
Founded in 2005, True Ventures is a Silicon Valley-based venture capital firm that invests in early-stage technology startups. With more than $3.8 billion under management, True provides seed and Series A financing to entrepreneurs in some of today's growing markets. With more than 40 team members including special advisors, operationsprofessionals, and founders-turned-investors, True represents one of the largest and most experienced teams dedicated to the ecosystem. The True team believes creativity flourishes when founders are supported fully and empowered to pursue brave ideas. To that end, the True Platform offers programs that inspire professional and personal growth. To date, True has helped more than 350 companies launch and scale their businesses, creating over 85,000 jobs worldwide. True was awarded Venture Firm of the Year by the National Venture Capital Association in 2018. To learn more, visit www.trueventures.com.
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- Software, Information Technology, Artificial Intelligence
- Seed, Series A, Series B
- United States, United Kingdom, Canada
Portfolio highlights
- Athos — The Athos mission is to help athletes train more effectively and reach their performance goals faster. Athos does this by bringing together the most relevant data and exercise science to deliver simple, actionable insights that allow coaches and athletes to get the most out of their training.
- Chameleon — Chameleon offers software application with the features including microsurveys, launchers, tooltips, integrations, status, styling, analytics, templates, goals, testing, checklists, feedback loop, dashboard reporting, no coding, targeting surveys, data access, trigger surveys, track performance, and more.
- Scythe — Revolutionize commercial landscaping with Scythe's all-electric, autonomous mower. Smell grass, not gas. Boost productivity and sustainability with intelligent robotics.
Innovestor is an active Finnish investment manager, focusing on venture capital, real estate, and energy storage. We also offer corporate venturing services.
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- Software, Health Care, Manufacturing
- Seed, Funding Round, Series A
- Finland, Denmark, Sweden
Portfolio highlights
- Aplagon — Aplagon is committed to bringing unique, effective antithrombotic medicines with important safety advantages to patients with unmet needs.
- Bahn Express — Bahn Express is a global car transportation company that supports independent contractors while offering quick and easy auto shipping throughout Europe.
- Tribune Therapeutics — Tribune Therapeutics is a preclinical biopharmaceutical company building a promising pipeline of novel medicines to treat patients with a wide range of fibrotic diseases. It was founded in 2020 with funding from HealthCap and Novo Seeds.
Classic arcade gaming experience
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- Software, Information Technology, FinTech
- Seed, Series A, Pre-Seed
- United States, Finland, Japan
Portfolio highlights
- Gridware — Using remote telemetry and edge AI, Gridware wildfire prevention technology powers a grid that is smarter and more reliable than ever before.
- Assured Health — Streamline healthcare credentialing, licensing & payor enrollment with Assured's all-in-one platform. Automate admin Ops, boost efficiency & manage providers effortlessly.
- Inspectify — If you are looking to buy or sell a home, Inspectify helps you find the best home inspectors in your area.
PeakBridge is a highly networked, global impact VC that funds and connects the people, technology and processes that will shape the future of food. We invest in visionary pioneers, from early stage to Series A-B, with scalable, protectable climate and health-focused technologies. At their core: a deep commitment to disrupting our food system whiledriving positive impact. Our team is spread across seven countries and includes pioneers of FoodTech investment and decades of deep Agri-Food operational and financial experience. Together, we create exceptional value for bold FoodTech entrepreneurs and investors. A member of the Edmond de Rothschild Private Equity partnership, PeakBridge is also the only venture capital firm that is an official partner of the world’s largest Agri-Food innovation initiative, EIT Food.
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- Food and Beverage, Health Care, Food Processing
- Series A, Seed, Series B
- Israel, United States, United Kingdom
Portfolio highlights
- SOUS — One easy-to-use tool to grow traffic, make online sales, seamlessly handle orders and drive retention. Built for food entrepreneurs, built with taste.
- Tastewise — Tastewise is a consumer intelligence platform transforming food insights with AI. Discover trends, predict preferences, and drive innovation
- Rival Foods — We craft food we feel good about - Protein foods without compromises! At Rival Foods we create whole-cut specialties with remarkable texture, taste and juiciness, the ideal proposition for food professionals to create new plant-based eating experiences. Ready to use in all your favorite dishes! Interested in our products?
Since 2005, Inventure has backed over 90 companies including Wolt, Swappie, Jobbatical, aiMotive, and more.
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- Software, Information Technology, Health Care
- Seed, Series A, Series B
- Finland, Sweden, United States
Portfolio highlights
- Abzu — Abzu's AI is built for the modern researcher, where explainability, small data, and new insights are at the core of innovative discoveries.
- Yeply — Yeply Mobile Bike Service is a start-up that specializes in bicycle maintenance. Yeply’s ideology is that bicycle maintenance should be an easy, quick, and effortless experience for the customer. It believes that every bike is worth caring for and they value every cyclist equally - cycling belongs to everyone.It was founded in 2016 and isheadquartered in Helsinki, Finland.
- Hopsworks — Hopsworks is an online platform for the development and operation of Machine Learning (ML) pipelines at scale, based around the industry's first Feature Store for ML.
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.
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- Energy, CleanTech, Clean Energy
- Pre-Seed
- Finland
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.
- 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.
- Jälle Technologies — Jälle Technologies create advanced recycling technologies that transform battery waste into high-value resources.
We partner with deep tech and brand-driven companies obsessed in challenging category norms. The Nordics are our home, but we take on a global front in spotting the unexpected - from B2B to B2C, with a sweet spot for scientific advances, strong IP, and customer understanding that looks beyond convention.We invest in early stage companies: fromtheir inception to series A and beyond. We share in the vision of founders as champions and challengers, drawing on our experiences from scaling some of the strongest tech companies ourselves.
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- Software, E-Commerce, Information Technology
- Seed, Series A, Funding Round
- Finland, Norway, Denmark
Portfolio highlights
- Disior — At Disior, we build software to measure and model tissue structures in CT- and MRI-images for better diagnosis and treatment planning.Our solutions are for clinical use. They enable fast, accurate and reproducible measuring for diagnostics and patient-specific, optimized treatment planning. Based on mathematical modelling, Disior algorithmsextract the correct shape or structure from the medical image. This way, the software is not dependent on finding familiar structures or comparing something to reference data. We combine engineering and R&D talent with medical and biotechnology professionals. Our team brings together decades of experience in creating world’s best simulation and modelling systems from smartphone R&D; clinicians and researchers in maxillofacial and orthopedics; and technology innovation and commercialization.For demo, pilots and research projects, please contact Anna-Maria Henell, CEO: +358 50 483 6433 / anna-maria (at) disior.com
- Sera — Sera's AI streamlines prospecting with tailored lists and enriched profiles, including accurate emails and metrics.
- IXI — Discover adaptive glasses with autofocus lenses that adjust to your viewing needs, providing seamless clarity at any distance.
UB Forest Industry Green Growth Fund ("UB FIGG") is a private equity fund investing in companies focused on plastic and other fossil fuel based material replacements, higher value and more efficient use of wood and agricultural raw material side streams and greater use of these raw materials across a wide range of intermediate and enduses.Through its investments, the Fund helps the forest and bio-based industries to create solutions to mitigate climate change. UB FIGG is a signatory of Operating Principles for Impact Management and reports on the environmental and climate impact of its investments.
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- Chemical, Forestry, Recycling
- Funding Round, Series A
- Finland
Portfolio highlights
- Notpla — We are a combination of designers and chemists, engineers and entrepreneurs. We’re hard to define because what we’re doing hasn’t been done before. We create advanced packaging solutions that disappear, naturally.
- Paptic — Paptic is manufacturing company that revolutionizes environmental new material, wood-based renewable and recyclable products replacing paper and plastic. Paptic Ltd was April 2015. The company is based in Espoo, Finland and employs today 10 persons.
- Nordtreat — Nordtreat is a producer of bio-based flame retardants for the global construction products industry. Nordtreat's NORFLAM® flame retardants for wood protect over 2000 buildings around the world.
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.
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- Health Care, Biotechnology, Therapeutics
- Funding Round, Series A, Series C
- Finland, The Netherlands
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.
- NaturVention — Naava helps you to make safer and healthier indoor spaces - experience Naava green wall, a striking combination of nature and high-end technology.
- SET Ventures — SET propels founders from early growth to European scale. We invest in and grow the solutions powering the digital energy economy.
Valve Ventures is a Helsinki-based angel and early-stage venture investor.
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- Energy, CleanTech, Oil and Gas
- Seed, Series A, Funding Round
- Finland
Portfolio highlights
- Betolar — Betolar is a new materials startup specialized in new geopolymer-based carbon-neutral construction materials for the construction industry and circular economy.
- Woodio — Woodio is a digital designing agency.
- 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.
Gorilla Capital helps ambitious startups grow with smart funding and support. Discover how our team invests in early-stage companies.
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- Software, SaaS, Information Technology
- Pre-Seed, Seed, Series A
- Finland, Sweden, Estonia
Portfolio highlights
- LOla panda — Learn to read and write with fun Lola educational games! The application develops the reading skills and logical reasoning of 3-8 year olds.
- Xiphera — Xiphera protects your critical systems with fully in-house designed cryptographic IP cores implemented in pure hardware logic design.
- DealGuru — DealGuru is a stealth startup in a ecommerce space.
Union Square Ventures is a venture capital firm based in New York City.
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- Software, Financial Services, FinTech
- Series A, Series B, Series C
- United States, United Kingdom, Canada
Portfolio highlights
- Radiant — Clean. Portable. Safe. Energy
- Gumball — Gumball connects advertisers with podcast hosts to make it happen in a few clicks.
- Slutty Vegan — Support your local Slutty Vegan. We are a Black-owned restaurant serving the best vegan food in Atlanta, period. Order your meatless masterpieces today.
Provide an effective, outsourced incubation and acceleration platform .
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- Manufacturing, Electric Vehicle, Energy
- Funding Round, Seed, Pre-Seed
- Finland, Norway
Portfolio highlights
- Akkurate — Sandvik Battery Electric Loaders and Trucks TH550B LH518B Mobile Charging Station Battery as a Service
- Solar Foods — The Finnish company Solar Foods Oy produces an entirely new kind of nutrient-rich protein using only air and electricity as the main resources. The goal of the company is to start commercial production of the environmentally revolutionary protein in 2020.Solar Foods’ concept redefines the basics of food production, as it is not dependent onagriculture, the weather, or the climate. The price of the protein product is also competitive compared to sources such as soy protein.
- The Human Touch Robotics — Introducing robotics with the lightness of the human touch in realms once thought impossible.
VTT is one of Europe’s leading research institutions. We are owned by the Finnish state. Our task is to advance the utilisation and commercialisation of research and technology in commerce and society. Through scientific and technological means, we turn large global challenges into sustainable growth for businesses and society. We bring togetherpeople, business, science and technology to solve the biggest challenges of our time. This is how we create sustainable growth, jobs and wellbeing and bring exponential hope.
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- Mining, Lighting, Automotive
- Seed, Funding Round
- Finland
Portfolio highlights
- TactoTek — Set your imagination free and create user experiences with the help of sustainable smart molded structures.
- Steady Energy — Steady Energy aims to decarbonize the energy-intensive heating industry starting with residential and district heating.
- HYPERMINE — Hypermine a novel laser-based mineralogy sensing technology to optimize resource recovery and reduce the negative environmental effects of mining.
Cherry Ventures is an early-stage venture capital firm led by a team of entrepreneurs with experience building fast-scaling companies such as Zalando and Spotify. The firm backs Europe's boldest founders, usually as their first institutional investor, and supports them in everything from their go-to-market strategy and the scaling of theirbusinesses. Cherry Ventures has previously invested in the seed stage of over 50 companies across Europe, including FlixBus, Auto1 Group, Infarm, Rows, Forto, and TourRadar. Cherry Ventures is based in Berlin and invests across Europe with operations in London, Paris, and Stockholm.
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- Software, Information Technology, Financial Services
- Seed, Series A, Series B
- Germany, United Kingdom, United States
Portfolio highlights
- GOALS — GOALS is our attempt to give football the game it deserves. Gameplay-first, free to play, cross-play, multiplayer-focused, and esports ready.
- Sphinx — AI compliance analysts for banks and fintechs.
- Fullview — Fullview let's you instantly monitor, control and analyze user sessions for faster real time customer support. No downloads. Easy to integrate.
CFT Nordic Capital
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- Energy, Semiconductor
- Seed
- Finland
Portfolio highlights
- Minima Processor — Minima Processors technology enables energy efficiency improvement of up to 20x in digital processors compared to legacy solutions. The main efficiency increase comes from ultra-low voltage (subthreshold) operation and additionally the elimination of timing margins brings gains at nominal operating voltages.
Ecolab provides comprehensive solutions, data-driven insights, and personalized service to customers in the food, healthcare, hospitality, and industrial markets in more than countries to advance food safety, maintain clean and safe environments, optimize water and energy use, and improve operational efficiencies and sustainability.
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- Software, SaaS, Manufacturing
- Series A, Series B, Funding Round
- United States, Finland, Canada
Portfolio highlights
- GravitHy — We produce low-carbon iron from hydrogen to offer a new value chain and accelerate the decarbonization of the steel industry.
- Membrion — Remove Problematic Ions to Expand Capacity, Ensure Compliance, and Eliminate Costs with Electro-Ceramic Desalination
- The Water & Carbon Group — The Water & Carbon Group is a contractor that designs, builds, and operates wastewater treatment and ecological infrastructure solutions.
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.
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- iOS, Blockchain, Information Technology
- Funding Round, Series A, Seed
- Australia, Finland
Portfolio highlights
- InStitchu — InStitchu is an online custom clothier specializing in tailor made menswear. Customers are able to design custom made garments online which are then made to their exact measurements.InStitchu provides tailor made, high quality menswear through a simple online ordering process. Once a customer has added measurements to their profile, a suit orshirt can be ordered in a few minutes and on its way in two weeks. There are multiple ways for a customer to get their measurements perfected and enjoy that “perfect fit” InStitchu customers keep coming back for - our measurement guide will take you on a journey from your living room to the hustle and bustle of our tailor’s studio. Customers can choose from a wide range of globally sourced high quality wool and cotton fabrics, and when you’ve chosen, we’ll deliver your design right to your door. This new approach to shopping is stress free and cuts out the middleman, allowing us to deliver customers luxury tailor made suits and shirts without the high price tag.
- Lygon — Lygon operates as a blockchain banking start-up. The Lygon platform is an industry solution that streamlines the bank guarantee process for everyone.
- Global Reviews — Prioritised, enterprise-wide decision making, based on digital intelligence and customer centric research. Learn how Global Reviews can help your business here.
Bridging the gap between founders and capital through content, connections and experience.
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- Software, Information Technology, FinTech
- Seed, Pre-Seed, Series A
- United States, Canada, Finland
Portfolio highlights
- Medmo — Patients frequently have to wait longer, travel farther, and pay more for medical imaging than is necessary. That's something we're here to change.
- ePallet — ePallet is a technology and logistics startup that makes it easy and efficient to buy and sell wholesale food by the pallet.ePallet makes it easy for Vendors to sell more and customers to save more. ePallet provides an artificial intelligence (AI)-driven platform that allows customers to directly access to manufacturers’ products in full-palletincrements.
- Surf Protocol — Surf Protocol is a decentralized platform for trading perpetual contracts. The company's goal is to make trading more transparent and secure.
OMV Petrom is the largest integrated oil and gas group in South-eastern Europe
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- Fuel, Waste Management, Environmental Consulting
- Corporate Round
- France
Portfolio highlights
- Respiră Verde — Respiră Verde engages in the waste fats and used edible oils. Respiră Verde engages in the non-hazardous waste management segment and collection, recovery and final disposal of used (or expired) edible oils and fats.
- Hycamite TCD Technologies — Hycamite is decarbonising industry using its proprietary methane pyrolysis technology. It provides its industrial clients with low-carbon hydrogen and sustainable carbon products for demanding applications.
European Circular Bioeconomy Fund invest and partner with entrepreneurs to accelerate late-stage circular bioeconomy companies.
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- Biotechnology, AgTech, Agriculture
- Series B, Series A, Series C
- The Netherlands, France, Italy
Portfolio highlights
- OroraTech — From safeguarding forests and ecosystems to protecting communities and critical assets, OroraTech's advanced technology and reliable insights address challenges, mitigate risks, and drive meaningful impact.
- Elicit Plant — We work with farmers around the world to meet the challenges of climate change and the impact of water scarcity on field crops.
- watttron — Watttron invents a revolutionary heating system that can heat up surfaces heterogeneously.Watttron develops an innovative heating technology that can be used in various industrial processes. It is superior to current heating systems in many ways and offers a number of advantages. On the following pages, you will find information about possibleapplications and opportunities.The company is located in the Technologie- und Gründerzentrum Freital – a technology and start-up center on the outskirts of Dresden, the state capital of Saxony.
Sojitz is operates as a general trading company. The company exports built-up vehicles; assembles, manufactures, and sells local vehicles; and sells automobiles and motorcycle components, commercial aircraft, defense and related equipment, business jets, tires, surface-mounting machines, bearings, oil, natural gas, LNG, petroleum products, nuclearfuels, and nuclear power-related equipment and machinery.
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- Health Care, Medical, Manufacturing
- Funding Round, Corporate Round, Series A
- Japan, United States, India
Portfolio highlights
- Ripplr — Ripplr is a full-stack tech distribution and logistics player that offers data-driven analytics and plugs and play system.
- Tacta Systems — Tacta Systems develops robotics with human-like tactile abilities with Dextrous Intelligence, the nervous system for robots.
- Hycamite TCD Technologies — Hycamite is decarbonising industry using its proprietary methane pyrolysis technology. It provides its industrial clients with low-carbon hydrogen and sustainable carbon products for demanding applications.
Finnfund is a Finnish development finance company that provides long-term risk capital for private projects in developing countries. Apart from co-investing with Finnish companies they can finance ventures that use Finnish technology, cooperate with Finnish partners on a long-term basis or generate major environmental or social benefits.
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- Financial Services, FinTech, Energy
- Debt Financing, Funding Round, Series B
- Kenya, India, South Africa
Portfolio highlights
- Mobisol — We transform lives through solar energy access. Our solar home systems and mini-grids benefit millions of people in Sub-Saharan Africa.
- TPL Insurance — TPL Insurance is a Pakistan's first direct insurance company that take care of all insurance related matters.
- Cassava Technologies — Cassava Technologies is an innovative technology company encompassing fiber networks, data centers, renewable energy, cloud & cybersecurity.
Goldacre is a family office investment house focusing on asset management businesses. It is dedicated in supporting businesses that drive change through technology in the real estate sector in the UK, Europe, and Israel.Goldacre aims to deliver above-average returns while controlling risk through market analysis, intelligent financing, andintensive investment management.
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- Software, Artificial Intelligence, Information Technology
- Seed, Series A, Series B
- United Kingdom, Israel, Spain
Portfolio highlights
- Faradai — Dedicated software to help you manage your carbon, ESG and energy data
- Modulous — The Modulous Fastrack solution is a digitally integrated process enabling the rapid design, assembly and delivery of high quality, affordable, sustainable and smart homes.
- Hyperion Robotics — We are accelerating the transition to sustainable and automated construction with Concrete 3D Printing.
LähiTapiola is based on mutual company form, a group of companies owned by its customers, serving the personal, farm, entrepreneurial.
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- Banking, FinTech, Internet
- Funding Round, Debt Financing
- Finland
Portfolio highlights
- Enfuce — Enfuce is a cloud-based financial services provider that specializes in card issuing and payment processing services. It helps banks, fintech, and financial institutions become and remain fully PSD2 compliant, and helps them give third-party service providers access to digital accounts.The company was founded in 2016 and is headquartered inEspoo, Finland.
- Connected Finland — The IoT operator of Finland, enabling millions of smart devices to connect directly to internet, with the most energy and cost efficient connectivity solut
- Altum Technologies — Fouling costs several billions of euros every year and Altum can solve these issues. With Altum's unique approach:- You won't have production downtime - You will be more energy efficient - You don't need to use chemicals for cleaning - You will minimize maintenance - You will increase health and safety - You will act moresustainableThrough their intelligent software, Altum is the only company in the world who can completely control Power Ultrasound to make fouling disappear once and for all without stopping production. This is done by externally applying the system to any liquid carrying equipment (heat exchangers, pipes, tanks, cooling towers, filters, reactors, etc.) without the need to do any changes to them.Their externally installed power ultrasound solution is capable to clean almost any dirt, like biofouling, mineral scaling, chemical fouling.There are numerous different cases in which their power ultrasound patented solution can help.
Starlight is a venture capital firm for founders addressing the world’s most pressing challenges & opportunities. We partner early with unstoppable entrepreneurs leveraging breakthrough science and technology to pursue progress at scale in four main areas: the energy transition, industrializing synthetic biology, space technology, and novelcomputing & communications platforms.Starlight was founded in 2017 and is headquartered in Miami, Florida.
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- Biotechnology, Energy, Health Care
- Seed, Series A, Funding Round
- United States, Finland, Italy
Portfolio highlights
- Ephos — Designing and manufacturing glass-based integrated photonic circuits that power the most advanced classical and quantum devices
- C-Motive Technologies — C-Motive Technologies focuses on reinventing the electric motor. Its motors run on the principle of electrostatic forces, also known as "static cling," and stands to change the machines that shape and run people's lives. Founded by Dan Ludois and Justin Reed in 2012, C-Motive Technologies is headquartered in Madison, Wisconsin.
- Electrified Thermal Solutions — Electrified Thermal Solutions, Inc. is developing the Joule Hive: a new energy storage technology that converts surplus zero-carbon electricity into heat.
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