# Turret Oy

> Turret Oy is a VC fund in Uusimaa backing Manufacturing, Renewable Energy and Food and Beverage. See 12 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Uusimaa, Finland
- Total investments: 12
- Last investment: Jun 2026
- Lead investor: 33%
- Last updated: Aug 2026

Turret Oy is an investment vehicle controlled by Paul Ehrnrooth

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $2.6M–$8.2M |
| Series A | $30M–$45M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Manufacturing | 3 | 25% |
| Renewable Energy | 2 | 17% |
| Food and Beverage | 2 | 17% |
| Energy | 1 | 8% |
| Battery | 1 | 8% |

24 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 17% |
| Series A | 2 | 17% |
| Funding Round | 2 | 17% |
| Post-IPO Debt | 1 | 8% |
| Convertible Note | 1 | 8% |

6 stages tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Digitalist | Digitalist Group Plc is a creative technology company with designers, engineers, strategists, and innovators, working together. | $1.4M | Post-IPO Debt | Jun 18, 2026 |  |
| Digitalist | Digitalist Group Plc is a creative technology company with designers, engineers, strategists, and innovators, working together. | $2.4M | Post-IPO Debt | Dec 30, 2025 |  |
| Digitalist | Digitalist Group Plc is a creative technology company with designers, engineers, strategists, and innovators, working together. | $942.9K | Post-IPO Debt | Jun 30, 2025 |  |
| Hycamite TCD Technologies | Hycamite TCD Technologies is a privately-owned company that commercializes technology developed by several European universities. | $45.3M | Series A | Jan 09, 2025 |  |
| TactoTek | TactoTek develops and licenses injection-molded structural electronics (IMSE®) technologies. Automotive, aviation, connected home, industrial control, and medical brands use TactoTek innovations to create next-generation user experiences that are compelling, differentiated, and more sustainable. Designers use TactoTek IP to integrate circuits andcomponents directly into plastic parts, transforming conventional structures into smart interactive surfaces. TactoTek licenses its intellectual property, including over 280 patents and critical know-how developed over a decade of intensive R&D and quality testing, to global manufacturers who use reliable, standardized manufacturing processes to produce curved-shape and conformal electronics | $60M | Venture - Series Unknown | Nov 19, 2024 |  |
| Digitalist | Digitalist Group Plc is a creative technology company with designers, engineers, strategists, and innovators, working together. | $1.1M | Post-IPO Debt | Oct 28, 2024 |  |
| Polar Night Energy | Polar Night Energy is a Tampere-based startup that designs and builds heat storages for renewable energy. | $8.2M | Seed | Apr 03, 2024 |  |
| Onego Bio | Onego Bio is a food ingredient company on a mission to create a more resilient food system through its product Bioalbumen®—the first non-animal egg protein with an amino acid sequence identical to the natural protein. Made through precision fermentation, Bioalbumen® matches the nutrition and functionality of traditional eggs while deliveringgreater supply stability, consistent pricing, and 90% lower environmental impact.With a proven industrial-scale process, FDA GRAS status, and technological development that advances positive unit economics, Onego Bio is addressing the $300BN egg market by helping food manufacturers meet rising demand for reliable protein without compromising on performance. From baked goods to sauces and ready-to-eat meals, Bioalbumen® fits seamlessly into existing formulations—making the transition to smarter proteins easier than ever. | $30M | Series A | Apr 02, 2024 |  |
| Hycamite TCD Technologies | Hycamite TCD Technologies is a privately-owned company that commercializes technology developed by several European universities. | $27.4M |  | Jul 18, 2023 |  |
| Voltan Energy | Voltan Energy is a sustainable and affordable local heating and cooling solutions. | $2.6M | Seed | Jun 22, 2022 |  |

10 of 12 investments shown.

## Co-investors
- [Holdix Oy Ab](https://shizune.co/investors/profile/holdix-oy-ab) — VC Fund, 6 deals together
- [Tesi](https://shizune.co/investors/profile/tesi) — VC Fund, 4 deals together
- [Nidoco](https://shizune.co/investors/profile/nidoco) — VC Fund, 3 deals together
- [Stephen Industries](https://shizune.co/investors/profile/stephen-industries) — VC Fund, 3 deals together
- [NordicNinja VC](https://shizune.co/investors/profile/nordicninja-vc) — VC Fund, 2 deals together
- [OMV Petrom](https://shizune.co/investors/profile/omv-petrom) — VC Fund, 2 deals together

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## FAQ

### What does Turret Oy invest in?

Turret Oy invests primarily in Manufacturing, Renewable Energy and Food and Beverage startups, most often at Seed and Series A stage. Most of the 12 investments tracked by Shizune back companies in Finland. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Turret Oy's check size?

Turret Oy typically joins rounds of $2.6M–$8.2M at Seed and $30M–$45M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Turret Oy participates in.

### When did Turret Oy last invest?

The most recent investment recorded for Turret Oy closed in Jun 2026. Shizune tracks 12 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### 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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