Finnish Cleantech & Sustainability Startup News
139 stories from Finland's startup ecosystem
Latest Cleantech & Sustainability Stories from Finland's Startup Ecosystem
April 12, 2026
Ex-Nokia Executive Leads Bicycle Firm After Mobile Setbacks
A former Nokia executive, who previously sold mobile phones internationally and had to lay off colleagues, now leads a bicycle company. He pivoted after facing difficulties in his previous venture.
April 11, 2026
Future of Private Car Ownership: A Finnish Automotive Leader's Perspective
A veteran leader in the Finnish automotive industry shares their vision of the future of private car ownership in an in-depth interview, reflecting on a lifelong passion for cars that began in childhood.
April 10, 2026
Finnish Firm Builds 76 EV Chargers in the USA
A Finnish company has deployed 76 electric vehicle chargers in the United States, with the largest boasting a capacity of 1.2 MW each, marking a significant expansion for the company in the North American market.
April 9, 2026
ÄIO & tilk!: Estonian Biotech Enters Cosmetics Market with Fermented Oil Serum
Estonian biotech ÄIO partnered with skincare brand tilk! to launch a bio-fermented facial serum featuring ÄIO's RedOil. This marks ÄIO's first commercial product, available now via tilk!'s e-shop.
Finnish Industry Ready to Invest: Key Government Decisions Needed to Support Growth
Finnish companies are ready to invest and grow, according to a Business Finland survey. 54% plan to increase staff within two years, and 44% will boost R&D. However, labor availability and regulation are concerns.
April 8, 2026
Mining Taxes Bring €33M to Finland; Small Town Gets €5M
Finland has received a substantial €33 million in mining taxes, a significant boost to the national treasury. A noteworthy aspect of this revenue distribution is the concentration of benefits in six specific locations, with one small town receiving an impressive €5 million. This influx of funds is tied to the extraction of various minerals, including but not limited to nickel, zinc, and copper, all of which are vital components in modern technology and manufacturing. The specific town receiving the €5 million is located near a particularly active mining operation, highlighting the direct link between resource extraction and local economic gain. The amount of tax collected is linked to the volume and value of minerals extracted, as well as the prevailing tax rates for the mining industry.
April 6, 2026
European Tech Sees €1.2B+ in Funding Deals This Week
European tech companies secured over €1.2 billion in funding across more than 60 deals this week, a substantial increase compared to previous weeks. The data also indicates over 5 exits, M&A deals and rumours this week, suggesting a maturing ecosystem where early investments are beginning to yield returns. Several significant deals contributed to this large sum, with some individual rounds exceeding €100 million. Furthermore, the funding distribution was relatively broad, spanning various stages from seed to late-stage ventures. Specific sectors that attracted significant investment include fintech, AI, and sustainable technologies.
April 5, 2026
Early Finnish Hydropower: Harnessing Water's Power for Centuries
Finland's earliest hydropower plants offer compelling evidence of a deeply rooted history of harnessing the energy of flowing water, dating back centuries. These pioneering facilities showcase remarkable ingenuity in adapting and utilizing natural resources to power various industries and communities. They represent more than just technological advancements; they embody a profound understanding of the environment and a commitment to sustainable practices that were remarkably forward-thinking for their time. The article highlights specific examples of these early plants, delving into their design and operation, to illustrate the resourcefulness of early Finnish engineers and communities.
April 3, 2026
Finnish Rotor Sail Technology: A Century-Old Innovation Resurfaces
Finnish technology based on the 100-year-old rotor sail principle is gaining renewed attention. The device, originating from the 1920s, offers a novel approach to maritime propulsion efficiency.
The Engine That Saved Wärtsilä: A Legendary 1970s Innovation
A legendary engine from the 1970s is credited with saving Wärtsilä. The engine’s innovative design secured the company’s future during a challenging period.
Europe's Largest Equity Deals: Top 20 Revealed
Sifted lists the top 20 equity deals in Europe. The list showcases the scale of investment flowing into various European startups and established companies.
April 1, 2026
Metafuels Awarded €1.92M for Rotterdam e-SAF Project
Swiss Metafuels received €1.92M in Netherlands funding for its Rotterdam e-SAF project. The funds support the 'Turbe' project, deploying Metafuels' methanol-to-jet technology for sustainable aviation fuel production.
March 31, 2026
Endform Raises €1.5M to Turbocharge AI-Era Web Testing
Swedish startup Endform secured €1.5M in seed funding led by Alliance VC, with participation from First Fellow, Greens Ventures, and Antler. The funding will be used to significantly expand Endform's engineering team and scale its innovative web testing platform, which is specifically built and optimized for the popular Playwright testing framework.
Standing Ovation Nets €30M to Revolutionize Dairy with Precision Fermentation
French company Standing Ovation raised €30M led by Ecotechnologies 2 and Crédit Mutuel Innovation. Funding supports scaling their precision fermentation technology, turning dairy byproducts into casein protein.
European Deeptech Week Aims to Build a Deeptech Backbone for Europe
European Deeptech Week, held in Paris, convened 2500+ stakeholders including founders, investors, and policymakers. Organized by Bpifrance and INSKIP, it focused on translating scientific leadership into industrial strength.
Enkei Raises Pre-Seed Funding to Create Circular Design Materials
Stockholm-based Enkei secured pre-seed funding at a €3M valuation. Investors include Anders Lendager, Christina Åqvist, and RadCap. Enkei transforms construction waste into high-quality architectural materials.
March 30, 2026
deeplify Raises €2M to Modernize Infrastructure Inspections
German AI startup deeplify raised €2.0 million in pre-seed funding led by D11Z Ventures. The funds will support deeplify's platform for modernizing critical infrastructure inspections.
March 29, 2026
"Magic Word" Soon to Become Expensive for Finns
A two-part 'magic word' will soon become more costly for a majority of Finns, despite their inability to influence it. This Tekniikkatalous article discusses the specifics of this financial burden.
March 28, 2026
Good News on the Horizon for Electricity Prices in Finland
Finland is expected to see improvements in electricity prices, offering relief after periods of high volatility. Factors contributing include increased renewable energy production and improved grid infrastructure.
March 27, 2026
tozero Opens First Industrial-Scale Battery Recycling Plant in Europe
German startup tozero, founded in 2022 by Sarah Fleischer & Ksenija Milicevic Neumann, has officially launched its first industrial battery recycling plant in Bavaria, Germany. This plant boasts the capacity to process 1,500 tonnes of battery waste per year, marking a significant step towards sustainable battery material sourcing within Europe.
World's First LH₂ and LCO₂ Terminal Features Finnish Firm
The world's first LH₂ (liquid hydrogen) and LCO₂ (liquid carbon dioxide) terminal is under construction, boasting a capacity of 200,000 tons LH₂ and 1.8 million tons LCO₂ per year. A Finnish firm is involved in the project.
March 26, 2026
Finland's Funding Landscape: Deeptech, AI & Nokia Lead in 2025
In 2025, Finnish tech saw €2.9B raised, with Nokia securing $1B from Nvidia. Early-stage activity remained strong across deeptech, AI, cleantech, and healthcare.
Arkadia Space Gets €14.5M EIC Backing for Green Rocket Fuel
Arkadia Space, a Spanish space firm, secured €14.5M from the EIC (European Innovation Council) for its development of green propulsion technology using hydrogen peroxide. This funding package includes a €2.5M grant, €6M equity investment, and an additional €6M in private investment, showcasing a blended finance approach to supporting deep-tech innovation.
WithSecure Highlights Cybersecurity as Critical Infrastructure, Urges Resilience
WithSecure, a prominent cybersecurity firm, is actively emphasizing the critical importance of cybersecurity resilience within Finland. Their analysis highlights the nation's significant dependence on non-European technologies and the urgent need for proactive risk management strategies in the face of escalating cyber threats and geopolitical instability.
March 25, 2026
Epoch Biodesign Raises $12M for Recycled Nylon
Epoch Biodesign, a London-based company developing enzymatic recycling technology, closed a $12M strategic funding round. Lululemon, KOMPAS VC, Happiness Capital, Extantia, and Leitmotif participated. March 2026. Total funding exceeds $50M.
INCIRT Secures €4.8M for Next-Gen Chip Architecture
German deeptech company INCIRT closed a €4.8M funding round led by Lifeline Ventures with participation from High-Tech Gründerfonds. INCIRT develops data converters with 100x faster conversion. March 2026. Based in Aachen.
March 24, 2026
Foreverland Secures €6M to Revolutionize Chocolate with Cocoa-Free Alternatives
Milan-based Foreverland raised €6M to expand its cocoa-free chocolate alternative, Choruba. The funding round included Kost Capital, Maia Ventures, CDP Venture Capital, and others.
March 23, 2026
Finnish Technology Industry Focuses on Low-Carbon Expertise
The Technology Industries of Finland (Teknologiateollisuus) emphasizes the growing need for low-carbon expertise in various technology roles. A skills pulse report identified key competency areas for Finnish tech companies.
Finnish Snow Removal Tech Company in Helsinki Files for Bankruptcy
A Finnish technology company specializing in innovative snow removal solutions for the city of Helsinki has declared bankruptcy. The company, after several years of operation and development, was unable to secure sustainable long-term funding to continue its activities. This is despite demonstrating promising results with its technological solutions designed to address the unique challenges of snow management in an urban environment.
March 21, 2026
Finnish Factory Files for Bankruptcy After Only 10 Months
A Finnish factory, operating for only 10 months, has filed for bankruptcy. The facility's brief operational period highlights challenges in the current manufacturing landscape in Finland.
March 17, 2026
Partech Closes €300M Impact Fund Targeting European Climate & Industrial Tech Scale-ups
Partech closed its inaugural €300M Impact Fund to support European B2B tech scaling up. The fund targets commercially mature firms exceeding €10M revenue, addressing a funding gap in the impact investing landscape.
March 16, 2026
Finnish Expert's Grim Outlook on Hormuz Strait Risks and Trump's Comments
A Finnish expert expresses a dark view of the risks in the Strait of Hormuz and Donald Trump's comments, calling them "incomprehensible." The expert's identity and specific concerns are not detailed.
March 15, 2026
AI Implementation Falls Short: 97% of Finnish Firms Miss Expectations
A new report reveals that 97% of Finnish companies are failing to meet expectations when implementing AI solutions. The study highlights challenges in realizing the technology's full potential in Finland.
Russian Retaliation Begins: €210 Billion at Stake for Europe
Russia has initiated economic retaliation against Europe, placing €210 billion at risk. This move follows increasing tensions and sanctions related to the conflict in Ukraine.
March 14, 2026
Chinese EV Competition Heats Up in Europe
The battle for the European electric vehicle market intensifies as Chinese automakers ramp up their presence. Increased competition is expected to drive down prices and accelerate the adoption of EVs.
March 12, 2026
AIRMO Secures €5M for Space-Based GHG Monitoring
AIRMO, a space tech startup, raised €5M in seed funding led by Ananda ImpactVentures for its greenhouse gas monitoring tech. They plan a 2027 satellite mission and expanded airborne coverage, demonstrating a commitment to providing comprehensive and accurate data on greenhouse gas emissions. This funding round will enable AIRMO to accelerate the development and deployment of its technology, contributing to global efforts to address climate change. The investment reflects growing investor interest in innovative solutions for environmental monitoring and sustainability.
Endform Raises €1.5M for Web Testing Tools
Stockholm-based Endform, a platform for high-speed web testing, raised €1.5M led by Alliance VC, Antler, First Fellow, and Greens. The funding will be used to expand its core team, enhance platform features, and accelerate platform adoption among software development teams. This investment underscores the growing demand for efficient and reliable web testing tools that can help developers deliver high-quality software faster. Endform is positioned to capitalize on this demand by providing a solution that addresses the challenges of slow testing in modern software development workflows.
March 11, 2026
Deep Science Ventures Funds Doctoral Cohort for Startup Creation
Deep Science Ventures launched a new doctoral cohort in April 2026, funded by SPRIND and Builders Vision, to empower 'Venture Scientists' to solve global challenges by turning science into startups.
Ambitious Cloud Business Idea Matures in an Old Defence Forces Bunker
An ambitious idea is brewing in an old Defence Forces bunker, potentially transforming the entire cloud business landscape in Finland. The details of the company and its specific innovation have not yet been revealed.
March 10, 2026
Tesi Appoints Eeva Terho as Senior Legal Counsel
Eeva Terho joined Tesi, the Finnish Industry Investment, as Senior Legal Counsel on March 9, 2026. She brings extensive expertise in financial, sustainability, and stock exchange regulation.
Finnish Energy Professor Launches Hydrogen Firm with 3D-Printed Fuel Cells
A well-known Finnish energy professor founded a hydrogen firm, claiming to be the only company globally producing fuel cells using 3D printing technology.
March 9, 2026
Geothermal Startup Telura Secures Funding from Nucleus and First Momentum
Telura, a stealth geothermal energy startup, has received backing from Nucleus Capital and First Momentum Ventures. The funding will support Telura's development of innovative geothermal energy solutions, although specifics of the technology remain undisclosed.
Revolutionary Charging Tech Developed in Finland Boosts Battery Power
Finnish researchers are developing a groundbreaking charging technology that promises to increase battery charging power and lifespan by up to 100%. The innovative approach aims to enhance battery performance significantly.
March 8, 2026
Stubb Urges 1.4 Billion People to Boycott Russian Oil
Alexander Stubb, former Prime Minister of Finland, has called on a country of 1.4 billion people, presumably India, to cease purchasing oil from Russia. The statement was reported by Tekniikkatalous.
Finnish CEO Questions the Country's Growth Challenges
The CEO of a major Finnish company (unnamed) is questioning why Finland is struggling to achieve significant economic growth. Tekniikkatalous reported the CEO's concerns.
March 7, 2026
Finnish Firm Secures €39M Wind Turbine Order for Gold Mine
A Finnish publicly listed company received a €39M order to deliver two 18 MW wind turbines to a gold mine in Finland. The deal highlights the mining sector's shift to renewable energy.
Finland to Tax Electricity, Adding €56M Burden
The Finnish government will soon implement an electricity tax, expected to generate an additional €56 million in revenue. The tax will affect consumers and businesses across Finland.
Finnish Factory Turns Industrial Waste into Treasure
A new Finnish factory has begun processing 20,000,000 kg annually of a challenging 1600°C industrial waste material, recovering valuable resources. No other facility globally can fully process this specific waste stream.
March 6, 2026
Finnish Engineer Extends EV Life with Custom 21.5 kWh Battery
A Finnish engineer built a 21.5 kWh battery pack into his EV's trunk, extending its lifespan by 10-15 years. This DIY project highlights potential for extending electric vehicle usability.
UPM's Former Paper Mill Now Home to Roihu: Finland's New Supercomputer
Finland's newest supercomputer, Roihu, is operational at a UPM's former paper mill, consuming 1 MW of power. Boasting an impressive 187,152 computing cores, Roihu represents a substantial increase in Finland's high-performance computing capabilities, positioning the nation for advancements across various scientific and industrial domains.
March 5, 2026
VivaTech 2026 Startup Challenges Open for Applications
VivaTech 2026 in Paris (June 17-20) invites startups to apply for its challenges. Focus areas include cloud, sustainability, AI, women founders, and African innovation.
March 4, 2026
Photoncycle Secures €15M to Heat Europe with Stored Summer Sun
Photoncycle, a Norwegian startup, raised €15M in Series A led by NordicNinja and Voima Ventures. They'll scale their solid-state hydrogen energy storage, converting summer sun into winter power for homes across Europe.
Vertical Compute Raises €37M to Solve AI's Memory Bottleneck
Vertical Compute, an AI chip startup, raised €37M to tackle AI's memory overload. The funding will support the development of their specialized chips designed to improve efficiency and reduce the energy consumption of AI workloads.
February 26, 2026
Kiertotalous tukee Euroopan kriittisten raaka-aineiden saatavuutta (Circular economy supports the availability of critical raw materials in Europe)
Teknologiateollisuus.fi discusses how the circular economy can enhance the resilience of EU internal markets by promoting the recycling of raw materials and strengthening European value chains. The article highlights the EU's efforts to address critical raw material dependence through regulations and action plans.
February 25, 2026
Grodi raises €2.5M to advance greenhouse automation
Grodi, a Spanish company focused on autonomous robotics and computer vision for intensive agriculture, has raised €2.5 million in a round led by Swanlaab Innvierte Agri FoodTech. The funding will support the industrialization of their VEGA 11 robot and international expansion.
February 24, 2026
Tewke secures £1.5M to scale AI-powered home energy platform
London-based Tewke, a company focused on energy optimisation and home automation, has closed a £1.5 million funding round to scale its AI-powered home energy platform. The funding will support go-to-market execution and expansion of the engineering team.
Teknologiateollisuus involved in Finland's pavilion at the COP31 climate conference – Company search opening soon
Teknologiateollisuus is participating in the Finnish pavilion at the COP31 climate conference to showcase Finnish climate solutions and promote international collaboration. A partner search for companies to participate in the pavilion will open in March 2026.
February 23, 2026
Uusi ihmeakku: Energian varastointikapasiteetti +100 %, samalla saadaan puhdistettua merivettä juomakelpoiseksi vesipula-alueilla – Lunastaako natriumiin perustuva akku viimein kovat lupaukset? (New miracle battery: Energy storage capacity +100%, while seawater can be purified into potable water in water-scarce areas - Will the sodium-based battery finally deliver on its high promises?)
A new sodium-based battery boasts a 100% increase in energy storage capacity and the ability to purify seawater, potentially addressing both energy storage and water scarcity challenges.
February 20, 2026
T&T identified Finland's most promising centers for the green industrial revolution
Tekniikka & Talous has identified the most promising centers in Finland for the green industrial revolution. The specific locations and industries are not detailed in the available summary.
Finland is already developing a second small reactor - a nuclear reactor is coming to ships and submarines
Finland is developing another small nuclear reactor intended for use in ships and submarines. This marks a significant advancement in nuclear energy technology in Finland.
February 13, 2026
Case: Wärtsilä – WISE Annual Event
Maria 01 hosted Wärtsilä's WISE Annual Event, bringing together businesses, startups, academia, and research institutes to accelerate energy transformation. The event included keynotes, workshops, and a hackathon facilitated by Maria 01.
February 12, 2026
Nocomed raises seed funding to address healthcare’s biggest emissions blind spot
Dublin-based Nocomed, a sustainability software company, has raised €650,000 in seed funding to expand its platform for measuring and reducing supply chain emissions in the healthcare sector.
February 10, 2026
Vesiro raises €1.6M to optimise Elasticsearch and lower server energy use
Gothenburg-based Vesiro, a spinout from Chalmers University, has raised €1.6 million in seed funding to expand its performance-focused plug-in for Elasticsearch, designed to improve search efficiency and reduce server energy consumption in large-scale data environments.
xWatts closes £1.6M to expand AI-powered energy management solutions
London-based xWatts, an intelligent energy management platform focused on decarbonising complex real estate assets, has closed a £1.6 million seed funding round to further develop its AI- and machine-learning-based technology for managing energy use and reducing carbon emissions in buildings across Europe.
February 9, 2026
Dcycle acquires ESG-X to scale sustainability data management in Europe
Dcycle, a sustainability data management platform, has acquired ESG-X, a software company specializing in AI-enabled sustainability reporting, to support European expansion and meet increasing demand for integrated sustainability data infrastructure.
February 6, 2026
Energy Technology Startup Capalo AI Raises €11 Million in Funding for International Scalable Growth
Finnish Capalo AI has announced an €11 million funding round. Tesi made its first investment in the company, which uses AI to improve battery usage and stored energy trading.
January 29, 2026
Finnish Carbonaide raises €3.7 million to scale carbon-negative concrete globally
Carbonaide has raised €3.7 million to expand its carbon-negative concrete technology, which mineralizes CO₂ into concrete, permanently locking it away and improving material performance. The funding will support global sales, R&D, and the development of a Carbonaide Service Platform.
Twogee Biotech completes €2.2M seed round for circular biomass technology
Twogee Biotech, a Munich-based biotechnology start-up, has completed a €2.2 million seed round to develop enzyme solutions for converting biomass into sustainable raw materials. The company's technology aims to support industrial partners in creating circular, low-CO₂ value chains.
January 28, 2026
Co-reactive raises €6.5M seed funding for CO₂-negative materials tech
German climatetech startup Co-reactive secured €6.5 million in seed funding to scale its CO₂ mineralisation process, converting captured CO₂ into CO₂-negative supplementary cementitious materials for the construction industry.
January 26, 2026
2150 closes €210M Fund II, lifts assets to €500M to back urban and industrial climate tech
Venture firm 2150 closed its €210 million second fund, focusing on technology companies reshaping cities and industries, bringing total assets under management to €500 million.
Tosiasiat tunnustaen kohti parempia aikoja (Recognizing the facts towards better times)
Ville Voipio, Chairman of the Technology Industries of Finland, discusses the megatrends shaping the world: geopolitical unrest, climate change, digitalization and polarization, and how Finland can navigate them.
January 24, 2026
Finland and Estonia have a 1000 megawatt bad technical threat - Energy boss: "Big blow"
A 1000 megawatt technical threat exists between Finland and Estonia, which could lead to a significant blow according to an energy industry leader.
January 21, 2026
Cloover secures over $1.2B to develop an AI operating system for energy independence
Cloover, a Berlin-based company, has secured $22M in Series A equity and a $1.2B debt facility to develop an AI operating system for decentralized energy. This will support financing for customers and installers in the renewable energy sector.
January 19, 2026
European AI has a power problem
The growth of AI in Europe is facing challenges related to the high energy demands of AI models and the impact of rising energy prices, potentially hindering innovation and competitiveness.
January 17, 2026
Energy Technology Master's Graduate Sent Over 100 Job Applications: Here's the Result
An energy technology graduate sent over 100 job applications and shares their experiences and outcomes in the Finnish job market.
Data Center Consumption Strains the Power Grid in the USA – Opposite Problem in China
Data centers are causing strain on the US power grid due to high energy consumption, while China faces a different set of challenges in data center management.
January 16, 2026
Global Supply Chain Vulnerabilities Are Here to Stay
Geopolitical tensions, trade policy changes, cyber threats, and climate risks increasingly impact global value chains. Finnish technology companies need to build resilience into their operations by diversifying suppliers, identifying dependencies, and increasing real-time visibility in their supply networks.
January 11, 2026
Ex-Defense Minister warns about China and Russia - 'NATO must strengthen its presence in Greenland'
A former defense minister highlights the potential threats posed by China and Russia and suggests that NATO should increase its presence in Greenland to counter these risks.
December 30, 2025
A 62.5 MW / 231 MWh battery storage is being built in Finland, which will be able to reach a new 4-hour record
Finland is constructing a large-scale battery storage facility with a capacity of 62.5 MW / 231 MWh, capable of achieving a new 4-hour energy storage record.
December 23, 2025
World's first generator running on supercritical carbon dioxide launched
The world's first generator powered by supercritical carbon dioxide has been launched. The project includes two 15 MW units.
Hydrogen production started in Loviisa - a possible solution for cleaning up industry
Hydrogen production has commenced in Loviisa, potentially offering a solution for industrial decarbonization.
December 22, 2025
Heating Power 365 MW, Electrical Power 110 MW - Floating Small Nuclear Power Plant One Step Closer
A project for a floating small nuclear power plant, with a heating power of 365 MW and an electrical power of 110 MW, is progressing closer to realization. This represents a step towards alternative energy sources.
December 19, 2025
Unpleasant news for the Finnish economy – Record number of bankruptcies since 1997 (Ikävä uutinen Suomen taloudesta – Ennätysmäärä konkursseja sitten vuoden 1997)
The article reports a record number of bankruptcies in Finland since 1997, indicating a challenging economic climate for businesses.
December 18, 2025
New massive 367 MW wind farm rising in Finland – Will be among the country's largest upon completion
A new large-scale wind farm with a capacity of 367 MW is being built in Finland, positioning it among the country's largest wind energy projects once it's finished.
December 17, 2025
NobodyWho Raises €2M to Challenge Big Tech's Cloud AI with SLMs for Local Devices
Copenhagen-based open-source startup NobodyWho raised €2M in pre-seed funding to promote Small Language Models (SLMs) as a cost-efficient, data-secure, and climate-friendly alternative to cloud-based LLMs, enabling local AI on devices.
December 16, 2025
The Finnish Game Industry has mapped its greenhouse gas emissions
The Finnish Game Industry has mapped its greenhouse gas emissions for the first time, estimating 190,000 tons of carbon dioxide equivalent in 2024, including emissions from the global player base.
December 12, 2025
Flat-rate energy startup Elvy raises €500m to fuel European expansion
Swedish energy company Elvy secured €500 million in financing to expand its home energy packages across Europe, offering solar panels, heat pumps, and home battery systems via a monthly subscription model. Aiming to reduce upfront investment and energy costs for homeowners.
Elvy raises €500M to power its next-generation energy solution
Elvy, a Swedish energy company, has secured €500 million in funding to offer integrated home energy solutions via a subscription model, including solar panels, heat pumps, and home battery systems. The aim is to provide homeowners with predictable energy costs and reduce reliance on the grid.
December 10, 2025
FION Energy secures €1.4M for AI-optimised battery systems
FION Energy, a Berlin-based cleantech startup, has secured €1.4 million in pre-seed funding to develop and deploy AI-optimised battery storage systems for industrial companies.
December 8, 2025
AFRY Wants to Accelerate the Circular Economy of Concrete – 'A Public Promise is Both Carrot and Stick'
AFRY has made a public commitment to promote the circular economy in the construction sector, focusing on concrete recycling and reuse through pilot projects and internal guidelines.
December 3, 2025
Mater-AI secures £1.5M to tackle one of energy’s oldest problems: wasted heat
UK-based Mater-AI, a materials innovation startup, secured £1.5M to develop more efficient thermoelectric materials using AI. The platform combines AI and physics-based modelling to accelerate design, turning waste heat into electricity or providing cooling without refrigerants.
December 2, 2025
AILOS Robotics gets €3.5M to scale gearbox manufacturing for Europe’s next-gen robots
AILOS Robotics, a spin-off from Vrije Universiteit Brussel, has raised €3.5 million in a seed round. The company is developing robotic gearboxes for humanoids and collaborative robots, aiming for lighter, safer, and more energy-efficient robots.
November 27, 2025
Future Energy Ventures secures €205M to power the next wave of energy innovation
Future Energy Ventures (FEV) has closed its second fund with €205 million, along with a dedicated capital fund for Italy of €3 million, to invest in digital and asset-light energy technologies, particularly at the Series A and B stages. They focus on companies reshaping the energy landscape through digital solutions.
Ensimmäisenä maailmassa: Suomalaiset tekivät superkondensaattorin pelkästä vedestä, hiilestä ja sellusta (First in the World: Finns made a supercapacitor from just water, carbon and cellulose)
Finnish researchers have created a supercapacitor using only water, carbon, and cellulose, representing a significant breakthrough in sustainable energy storage.
November 25, 2025
PowerUP nets €10M Series A to scale its dual-use hydrogen technology
PowerUP Energy Technologies, based in Tallinn, secured €10 million in Series A funding to scale the manufacturing and commercialization of its hydrogen-powered electric generators for defense, industrial, and off-grid applications.
November 23, 2025
Fortum has great potential - Electricity companies became stock market stars thanks to the AI boom
Fortum and other electricity companies are experiencing a boost in their stock market performance due to the ongoing artificial intelligence boom and increased demand for energy.
November 14, 2025
Steady Energy - Small Nuclear Power for District Heating Production
Steady Energy is developing small nuclear power technology, offering a clean and competitive alternative for district heating production.
November 12, 2025
Finland’s first EV virtual power plant goes live
Finnish energy startup Synergi has launched Finland’s first EV virtual power plant, allowing EV drivers to earn rewards by participating in grid balancing through smart charging.
Mäkelä Alu Achieved Tough Climate Goals: "Low Emissions Are a Strategic Competitive Advantage"
Finnish company Mäkelä Alu has achieved its carbon neutrality goals by 2025 through various projects including switching to electric heating and implementing heat recovery systems. The company sees this as a strategic competitive advantage.
November 11, 2025
Unconventional Ventures reaches €50m first close of second fund
Unconventional Ventures, a venture capital firm focusing on impact investments, has announced the first close of its second fund at €50 million. This new fund will continue to support early-stage startups with a focus on diversity and sustainability.
Oyster Bay closes €100M Fund II for next-gen food startups
Oyster Bay, a Hamburg-based venture firm, has closed its second fund at over €100 million, dedicated to future food startups. They aim to invest in companies transforming the global food system, focusing on sustainability and efficiency.
November 8, 2025
Electricity Pricing in Finland Changed 1 Month Ago: Now a Strange, Constant Confusion Has Been Revealed in the Price Curves – This is the Issue, Energy Director Responds
Changes to electricity pricing in Finland a month ago have resulted in confusing price curves, and an energy director explains the situation.
November 7, 2025
Finnish Technology Expertise on Display at the World's Largest Climate Conference
Finland will have its own pavilion at COP30, the world's largest climate event, showcasing Finnish expertise and innovative sustainable technology solutions for achieving carbon neutrality. The pavilion aims to strengthen Finland's reputation as a pioneer in climate solutions.
Gunvor cancels $22 billion Lukoil deal after US warning
Energy trading firm Gunvor Group has withdrawn its bid to acquire Russian oil giant Lukoil’s international operations, including Finnish oil company Teboil, after a warning from the U.S. Treasury Department.
November 6, 2025
Estonian Leil attracts €1.5 million to scale greener storage infrastructure for data-intensive industries
Leil, a Tallinn-based data storage infrastructure software company, has raised €1.5 million in seed funding led by Karma Ventures. The funding will be used to scale its software that makes high-density shingled magnetic recording (SMR) drives practical for enterprise-scale deployments, reducing energy consumption and costs.
October 31, 2025
Tesi's report: Significant growth opportunities in industrial-scale projects in Finland
A report by Tesi indicates that Finland has the potential to build growth through new industries, particularly in hydrogen, bioproducts, metals, minerals, and data centers, leveraging clean energy and strong infrastructure.
October 28, 2025
SpinDrive Raises Funding to Scale Magnetic Bearing Tech for Cleaner Industry
Finland's SpinDrive, a provider of active magnetic bearing (AMB) systems, has secured new funding to scale its technology. Their AMB systems eliminate friction in high-speed machinery, leading to maintenance-free operation and significant energy efficiency gains. They are also launching a new product Magma X100.
Suomalaisyritys aikoo mullistaa energiantuotannon: Finnish company intends to revolutionize energy production: Solar film can be nanoprinted on a boat's sail, roof or jacket – The battery is also printed at the same time
A Finnish company is planning to revolutionize energy production by nanoprinting solar film on surfaces like boat sails, roofs, and jackets, while also printing the battery simultaneously.
October 27, 2025
Teppo Säkkinen appointed as Director of Sustainable Growth team at Technology Industries of Finland
Teppo Säkkinen has been appointed as the Director of the Sustainable Growth team at Technology Industries of Finland. He brings experience in environmental and climate policy.
October 23, 2025
Estonian AI energy startup MarkeDroid raises €300K to expand distributed energy platform
MarkeDroid, an Estonian startup developing an AI-powered platform for distributed energy orchestration, has raised €300,000 in bridge funding to scale its operations across Europe. The platform connects residential, commercial, and grid-level energy resources.
Exnaton raises Series A to power Europe’s digital energy transition
Exnaton, a Swiss software company developing an AI-driven intelligence platform for utilities, has raised a Series A round to accelerate its European expansion. The platform helps utilities launch smart, data-driven sustainable energy solutions.
October 20, 2025
Giant new plant to produce 100,000 tons of e-methanol - production starts as early as 2028
A large-scale plant is planned in Finland to produce 100,000 tons of e-methanol annually, with production expected to begin in 2028, bolstering the country's renewable energy sector.
Finland plans a 100 MW fusion reactor – Technology is described as a breakthrough, one location stands out.
Finland is considering building a 100 MW fusion reactor, described as a technological breakthrough. A specific location is favored, indicating significant progress in fusion energy research within the country.
Finland has a huge competitive advantage in Europe - Up to €15,000 million available for e-fuel manufacturers
Finland possesses a significant competitive edge in Europe, with up to €15,000 million in funding opportunities available for companies producing e-fuels, positioning the nation as a key player in the sustainable energy sector.
October 15, 2025
Delta Green raises €2M to turn European homes into virtual power batteries
Prague-based energy scaleup Delta Green secured €2 million in funding to expand its platform that turns ordinary European homes into virtual power batteries, enabling households to shift consumption and support renewables.
Kovan lupauksen lunastaja Merus Power kasvaa ja työllistää vihreän siirtymän siivellä (Merus Power grows and employs on the wings of the green transition, fulfilling a bold promise)
Merus Power, a Finnish company providing energy efficiency solutions, is experiencing rapid growth, adding 120 new jobs and positioning itself strongly in the green transition with electric storage solutions and industrial energy efficiency.
October 13, 2025
Mullistus energia-alalle – Finnish Company Bundles Real Estate Electrical Devices and Takes Power to the Electricity Exchange
A Finnish company is revolutionizing the energy sector by bundling electrical devices in real estate properties and channeling the power generated into the electricity exchange, creating new opportunities for energy management and revenue generation.
October 9, 2025
Teknologiateollisuus: Voluntary efforts achieve EU targets – Technology industry companies achieved energy efficiency targets ahead of schedule
Finnish technology industry companies have already achieved their energy efficiency target of 7.5% energy saving in nine years, two years ahead of schedule. The new energy efficiency agreements for 2026-2035 aim to include at least the current level of participants.
October 8, 2025
Finnish Invention Solves a Big Problem in Florida – 10 Million 8,000 m² Greenhouse Cools Down with a 400 m³ Pool and Water Sprays
A Finnish invention is being used in Florida to cool a large greenhouse using a pool and water sprays, addressing a significant cooling challenge. The article details the application and benefits of this innovative solution.
October 1, 2025
Optimuse raises €4M to make building design smarter, cheaper, and greener
Austrian startup Optimuse, an AI platform for optimizing building design for cost and emissions, has raised €4 million in Seed funding. The platform helps builders and developers make data-driven decisions for both new construction and renovation projects.
Swiss-based viboo raises €3.3M for German market entry
viboo, a Swiss building automation software company, has raised €3.3 million in seed funding to expand into the German market. The company's cloud-based system retrofits easily and connects with IoT devices to optimize energy usage in commercial buildings.
Serena raises €200M for applied AI and energy transition
European venture capital firm Serena announces the first close of its fourth flagship fund, Serena IV, at €200 million. The fund will focus on applied AI and the energy transition, investing up to €15 million per company.
September 30, 2025
Arqh brings in $3.8M to power AI in the logistics industry
Arqh, a Zurich-based AI decision intelligence company, has closed a $3.8 million pre-seed financing round to grow its decision intelligence engine for logistics operations. The company's platform supports industries including logistics, energy, fuel replenishment, food and beverage, and field services.
September 29, 2025
Amazing invention from Finland - Bacteria decompose a greenhouse gas 28x worse than carbon dioxide directly from the air
Finnish researchers have developed bacteria capable of breaking down a potent greenhouse gas (28x worse than CO2) directly from the atmosphere.
September 28, 2025
Researcher warns of the "cannibalization" of the green transition in Finland - The price of electricity may even collapse to zero
A researcher warns that the green transition in Finland could lead to a situation where the electricity price plummets to zero due to oversupply.
September 19, 2025
Factor2 Energy raises $9.1M to unlock CO₂ geothermal power
Factor2 Energy, a German geothermal innovator, raised $9.1 million to develop geothermal power systems using CO₂ as the working fluid, potentially doubling the output of conventional designs while enabling carbon storage.
September 17, 2025
Suena Energy raises €8M Series A to expand energy trading platform and co-located storage integration
Suena energy, specializing in algorithmic optimization and trading for energy storage systems and renewable energies, closed an €8 million Series A funding round. The funding will be used to strengthen its position in the energy storage market.
September 15, 2025
Breakthrough in battery technology: works even at -45 degrees Celsius, cell has twice the energy density - Factory planned for Finland
A new battery technology has been developed that functions even at -45 degrees Celsius and has twice the energy density. There are plans to build a factory for this technology in Finland.
September 9, 2025
Vireo Ventures closes €50m fund for electrification tech amid climate tech downturn
Vireo Ventures has closed a €50m fund focusing on electrification technologies, demonstrating continued investment interest in climate tech despite the broader market downturn.
September 8, 2025
Finland is the EU's number one in the sustainability of data centers – the lead must be turned into innovations and exports
Data centers operating in Finland are the best in Europe in terms of energy efficiency, water consumption, the share of renewable energy, and the utilization of waste heat. The report highlights Finland's cool climate and advanced energy production as key factors.
September 2, 2025
Tesi: 30 years of building growth, implementation of the new strategy has started successfully
Tesi's new strategy, aimed at boosting the Finnish economy through growth, innovation, and investment, has been successfully launched. With an investment capacity of €1.8 billion for 2025-2029, Tesi plans to scale Finnish startups and growth companies into global market leaders, as well as investing in new industrial-scale projects promoting clean energy and a clean transition.
Phasecraft raises $34M to bring quantum computing closer to solving real-world challenges
Phasecraft, a quantum algorithms company, has raised $34 million in Series B funding to accelerate the development of its algorithms and transition quantum computing from theoretical to practical applications. The algorithms are hardware-agnostic and are being used to optimize material science, biological research and energy networks.
August 30, 2025
LIZY secures €75M to scale circular electric leasing
LIZY, a car leasing company focusing on circular electric leasing, has raised €75 million to expand its operations across Europe. The company specializes in leasing used electric vehicles to businesses, promoting sustainable mobility.
August 29, 2025
New funding round backs Danish Acembee’s efforts to digitise construction emissions tracking
Copenhagen-based ConTech startup Acembee has secured €1.2 million in funding led by node.vc, with participation from Kiilto Ventures, to expand its AI platform for energy monitoring and compliance in the construction sector.
August 28, 2025
Norsepower – Towards Green Transition in Maritime Transport with Rotor Sail
Tesi's portfolio company Norsepower's rotor sail significantly reduces ships' fuel consumption and emissions, and its global success story has already begun. The article explores the company's story and business.
August 27, 2025
Finnish Mikko's energy-saving invention grew into a million-dollar business - Up to 30% smaller energy bill
A Finnish inventor named Mikko has created an energy-saving invention that has grown into a million-dollar business, offering up to 30% reduction in energy bills for customers.
August 26, 2025
Previse Systems secures Lightrock backing to scale in global energy markets
Previse Systems, an Energy Trading & Risk Management (ETRM) software provider, has secured growth capital from Lightrock to scale its operations in global energy markets. The investment will help Previse enhance its solutions and expand its market presence.
August 23, 2025
Commission's proposal for EU competitiveness fund offers opportunities for Finnish companies
The European Commission's proposal for a competitiveness fund for 2028-2034 offers opportunities for Finnish companies, with significant investments in security, innovation, digital technologies, low carbon and bioeconomy, totaling over 400 billion, particularly in security and digitalization.
Bitcoin Miners Love Finland - We Outperform Other Nordic Countries, Even Though They Have Cold Climates
Finland is a popular location for Bitcoin mining due to its cold climate and affordable energy, surpassing other Nordic countries in mining activity.