# Neste

> Neste is a VC fund in Espoo backing Energy and Renewable Energy. See 4 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Espoo, Finland
- Total investments: 4
- Last investment: Oct 2024
- Lead investor: 50%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/neste
- X (Twitter): https://twitter.com/NesteGlobal
- Website: https://www.neste.com
- Facebook: https://www.facebook.com/NesteGlobal

Neste is a VC fund in Espoo focused on Energy and Renewable Energy. Neste creates sustainable aviation fuel, renewable diesel, and renewable feedstock solutions for the polymers and chemicals industries. Its global range of products and services allows customers to lower their carbon footprint by combining high-quality renewable products and oil products with tailor-made service solutions. Neste is a majorproducer of renewable diesel and renewable aviation fuel. They are recognized for their efforts in developing and commercializing advanced biofuels that aim to reduce greenhouse gas emissions. The company places a strong emphasis on sustainability and is committed to producing renewable and low-carbon products. Their goal is to contribute to a more sustainable future by providing alternatives to conventional fossil fuels. It is involved in the concept of the circular economy, where it aim to turn waste and residues into valuable raw materials. This approach aligns with their commitment to sustainability and reducing the environmental impact of their operations. While historically known as an oil refining company, Neste has strategically shifted its focus towards renewable solutions and sustainable business practices.

## Contacts

5 contacts available for Neste. Shizune tracks 8 team members at Neste. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/neste?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Energy | 2 | 50% |
| Renewable Energy | 2 | 50% |
| Fuel | 1 | 25% |
| SaaS | 1 | 25% |
| Chemical | 1 | 25% |

11 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Corporate Round | 2 | 50% |
| Series A | 1 | 25% |
| Funding Round | 1 | 25% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Germany | 1 | 25% |
| United States | 1 | 25% |
| The Netherlands | 1 | 25% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Carl Nyberg | EVP, Renewables Platform & Member of the Executive Committee | 0 | https://shizune.co/investors/profile/carl-nyberg-8da6 |
| Eeva Sipilä | Incoming CFO | 0 | https://shizune.co/investors/profile/eeva-sipil%C3%A4 |
| Heikki Malinen | President | 0 | https://shizune.co/investors/profile/heikki-malinen-66f4 |
| Markus Heikkilä | Service Owner | 0 | https://shizune.co/investors/profile/markus-heikkil%C3%A4 |
| Martin Häggblom | Development Manager, technical | 0 | https://shizune.co/investors/profile/martin-h%C3%A4ggblom |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Alterra Energy | Alterra Energy is an innovative chemical recycling technology company. Alterra Energy engages in developing and commercializing continuous recycling technology, which transforms waste plastic into petrochemical products. |  |  | Oct 22, 2024 |  |
| Circularise | Circularise is a digital product passports and mass balance bookkeeping software provider and operates in the sustainability and supply chain transparency market. Circularise’s software system helps suppliers, manufacturers, recyclers and brands in chemicals, plastics, battery materials, metals, and other industries to trace materials and sharetheir environmental footprint without risking their sensitive data via our patented Smart Questioning feature. By extension, it helps brands to get visibility into their own Scope 3 emissions and other metrics, which is aligned with the regulatory push around Digital Product Passports, the SEC’s proposed climate risk disclosure rules, and the Corporate Sustainability Reporting Directive. The company's primary offering is a digital product passport, a detailed record of a product's origin, material composition, and environmental data. This passport is backed by a blockchain-powered chain of custody, ensuring the data's security and reliability. This allows companies to demonstrate the sustainability of their products and services, a factor increasingly demanded by consumers and regulators. Circularise also provides tools for conducting comprehensive Life Cycle Assessments (LCAs) and calculating Product Carbon Footprints (PCFs). These tools help establish a trustworthy record of a product's environmental impact and streamline the auditing process. The company's platform also facilitates compliance with various regulations and certifications, such as the ISCC Plus and ISCC EU certifications via its MassBalancer solution which helps companies to manage materials using pre-defined processes and conversion factors without the risk of over-allocation, as well as send products and generate sustainability declarations in a few clicks. The company's products are designed with data privacy at the core via our patented Smart Questioning feature, allowing clients to control which data they share and with whom they share it with. It allows companies to share data on sourcing, carbon footprint, and human rights issues, reducing manual processes and the risk of costly mistakes. | $11.4M | Series A | Nov 17, 2022 |  |
| Alterra Energy | Alterra Energy is an innovative chemical recycling technology company. Alterra Energy engages in developing and commercializing continuous recycling technology, which transforms waste plastic into petrochemical products. |  | Corporate Round | Jan 04, 2021 |  |
| Sunfire | Sunfire develops and manufactures systems for renewable industrial gas and fuel production. These substitutes for mineral oil and natural gas, known as e-Gas, e-Fuel or e-Chemicals, replace fossil fuels in existing infrastructures. The solid oxide cells (SOCs) used for the conversion process are also used as generators to provide electricity andheat.Sunfire’s vision is to make regenerative energy from sources such as wind farms, hydropower plants, and photovoltaic systems available wherever and whenever it is needed — not just when the wind is blowing, the waves are crashing or the sun is shining. |  | Corporate Round | Mar 06, 2020 |  |

4 of 4 investments shown.

## Co-investors
- [Brightlands Venture Partners](https://shizune.co/investors/profile/brightlands-venture-partners) — VC Fund, 2 deals together
- [4impact](https://shizune.co/investors/profile/4impact) — VC Fund, 1 deal together
- [Asahi Kasei](https://shizune.co/investors/profile/asahi-kasei) — VC Fund, 1 deal together
- [Chevron Phillips Chemical](https://shizune.co/investors/profile/chevron-phillips-chemical) — VC Fund, 1 deal together
- [Infinity Recycling](https://shizune.co/investors/profile/infinity-recycling) — VC Fund, 1 deal together
- [LyondellBasell](https://shizune.co/investors/profile/lyondellbasell-industries) — VC Fund, 1 deal together

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## FAQ

### What does Neste invest in?

Neste invests primarily in Energy, Renewable Energy and Fuel startups, most often at Corporate Round and Series A stage. Most of the 4 investments tracked by Shizune back companies in Germany. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Neste?

Public channels for Neste 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 Neste?

The team at Neste includes Carl Nyberg (EVP, Renewables Platform & Member of the Executive Committee), Eeva Sipilä (Incoming CFO) and Heikki Malinen (President), among 8 team members tracked by Shizune. 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 Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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