# Norsepower Oy

> Norsepower Oy is a VC fund backing Manufacturing and Electric Vehicle. See 1 investment, round sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Helsinki, Finland
- Total investments: 1
- Last investment: Dec 2013
- Lead investor: 100%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/norsepower-oy-ltd/
- X (Twitter): https://twitter.com/norsepowerltd
- Website: http://www.norsepower.com/

Norsepower Oy is a Finnish clean technology and engineering company pioneering the generation of renewable wind energy for the global maritime industry. Norsepower is a provider of low-maintenance, software operated, and data verified auxiliary wind propulsion systems. Since its establishment in November 2012, Norsepower has gathered more than $6million USD of funding, which has enabled development, testing and piloting of the Norsepower Rotor Sail Solution. The main investors behind Norsepower are Power Fund III, Lifeline Ventures Oy, Finnvera Oyj, and Wate Oy. Norsepower is also funded by Tekes – the Finnish Funding Agency for Technology and Innovation.

## Contacts

5 contacts available for Norsepower Oy. Shizune tracks 3 team members at Norsepower Oy. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/norsepower-oy?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Manufacturing | 1 | 100% |
| Electric Vehicle | 1 | 100% |
| Public Transportation | 1 | 100% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Jarkko Vainamo | Chief Operating Officer; CTO | 0 | https://shizune.co/investors/profile/jarkko-vainamo |
| Jukka Kuuskoski | SVP, Sales and Marketing | 0 | https://shizune.co/investors/profile/jukka-kuuskoski |
| Tuomas Riski | CEO | 0 | https://shizune.co/investors/profile/tuomas-riski |

## Investments

| Company | Description | Round size | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Visedo | Visedo Oy develops, manufactures and delivers electrical drive trains for heavy mobile work machine, marine vessel and bus applications. The drive trains are suitable for both hybrid electric (HEV) and electric vehicle (EV) solutions to harsh operating environment. The latest technology offers the optimal solutions to save fuel and to loweremission and noise levels. The company is located in Lappeenranta, Finland. | $4.4M |  | Dec 16, 2013 | http://visedo.com |

1 of 1 investments shown.

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

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### Similar industry
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### Similar stage
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### Similar country
- [Business Finland](https://shizune.co/investors/profile/tekes) — VC Fund
- [Lifeline Ventures](https://shizune.co/investors/profile/lifeline-ventures) — VC Fund
- [Tesi](https://shizune.co/investors/profile/tesi) — VC Fund

## Featured in investor lists
- [Manufacturing VC Funds in Finland](https://shizune.co/investors/manufacturing-vc-funds-finland)
- [Climate VC Funds in Finland](https://shizune.co/investors/climate-vc-funds-finland)

## FAQ

### What does Norsepower Oy invest in?

Norsepower Oy invests primarily in Manufacturing, Electric Vehicle and Public Transportation startups, most often at Funding Round 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 Norsepower Oy?

Public channels for Norsepower Oy 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 Norsepower Oy?

The team at Norsepower Oy includes Jarkko Vainamo (Chief Operating Officer; CTO), Jukka Kuuskoski (SVP, Sales and Marketing) and Tuomas Riski (CEO). 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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