# LUT University

> LUT University is a VC fund in Lappeenranta backing Energy and Manufacturing. See 1 investment, round sizes, portfolio and contact details. Updated Oct 2026.

- Type: VC Fund
- Location: Lappeenranta, Finland
- Total investments: 1
- Last investment: Feb 2014
- Lead investor: 0%
- Last updated: Oct 2026
- LinkedIn: https://www.linkedin.com/school/lut-university/
- X (Twitter): https://www.twitter.com/unilut
- Website: http://www.lut.fi
- Facebook: https://www.facebook.com/unilut

LUT University is a VC fund in Lappeenranta focused on Energy and Manufacturing. LUT University (Lappeenranta-Lahti University of Technology) has been a forerunner in the field of science and technology.Scientific research and academic education employ around 6,000 students and experts in our international community. We operate on two campuses, in Lappeenranta and Lahti.LUT provides Clean energy and water, the circular economy and sustainable business are the fate of humanity, for which LUT is looking for solutions with technical and economic expertise.

## Contacts

5 contacts available for LUT University. Shizune tracks 4 team members at LUT University. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/lappeenranta-university-of-technology?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Energy | 1 | 100% |
| Manufacturing | 1 | 100% |
| Information Technology | 1 | 100% |
| Machinery Manufacturing | 1 | 100% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Hannes Toivanen | Adjunct Professo | 0 | — |
| Iuliia Shnai | Project Manager Erasmus+ CBHE 2017-2020 & Researcher | 0 | — |
| Pasi Vainikka | Adjunct Professor | 0 | — |
| Simo Särkkä | Adjunct Professor | 0 | — |

## Investments

| Company | Description | Round size | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Aurelia Turbines | Aurelia Turbines have successfully commercialised technology developed in Lappeenranta University of Technology, Finland. The pedigree of this technology has been established over 30 years of Research and Development in high speed technology and fluid dynamics.The company has extensive immaterial rights on the core technology and continue todevelop a portfolio of IP protection around the product and its application.The strategy of the Aurelia team from the outset, has been to have a world class product with high reliability and high efficiency achieved with modular components. To this end Aurelia will retain the core expertise and are employing industrial, world-class partners to ensure component scalability and ease of integration into Aurelia’s own technology.Company is financed by the Finnish investors, such as Greencampus Innovations Oy, Capillary Oy and Cleantech Invest Oyj to name a few. Aurelia was one of the first companies in Europe to receive financing from the EU H2020 – program and has also received funding from different financing bodies owned by the local authorities and / or Finnish government. |  | Venture - Series Unknown | Feb 26, 2014 | https://aureliaturbines.com/ |

1 of 1 investments shown.

## Co-investors
- [Loudspring](https://shizune.co/investors/profile/cleantech-invest) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Bossa Invest](https://shizune.co/investors/profile/bossanova-investimentos) — VC Fund
- [Bpifrance](https://shizune.co/investors/profile/bpifrance) — VC Fund
- [Gaingels](https://shizune.co/investors/profile/gaing) — VC Fund

## FAQ

### What does LUT University invest in?

LUT University invests primarily in Energy, Manufacturing and Information Technology startups, most often at Venture - Series Unknown stage. Most of the 1 investments tracked by Shizune back companies in Finland. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact LUT University?

Public channels for LUT University include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at LUT University?

The team at LUT University includes Hannes Toivanen (Adjunct Professo), Iuliia Shnai (Project Manager Erasmus+ CBHE 2017-2020 & Researcher) and Pasi Vainikka (Adjunct Professor). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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