Finnish Climate Fund

Norsepower Oy Ltd, founded in 2012 and based in Helsinki, Finland, is a clean technology and engineering company specializing in generating renewable wind energy for the global maritime industry. The company offers auxiliary wind propulsion systems that are low-maintenance, software-operated, and data-verified. Their flagship product, the rotor sail solution, utilizes the magnus effect to harness wind power and propel ships, thereby reducing fuel consumption and greenhouse gas emissions.

Infrakit operates a cloud-based platform designed for infrastructure construction project management, facilitating collaboration and information sharing among stakeholders such as designers, contractors, owners, and operators. The platform provides real-time visibility into project progress, which helps reduce errors, enhance quality, and improve efficiency. It allows users to view and share up-to-date project data on both personal computers and mobile devices, enabling construction companies to complete projects more quickly and cost-effectively. In addition to its software solutions, Infrakit offers consulting, training, and support services to help clients maximize their use of digital tools. The company has established a presence in Finland and other international markets, continually adapting its offerings to meet the evolving demands of the construction industry.

DataSpace Europe specializes in data intermediation services aimed at enhancing the operational capabilities of companies and organizations. By facilitating the effective use of data, it enables the development of new services essential for future growth. The company connects various stakeholders in the Finnish food industry, ranging from agricultural producers to retailers and consumers. Its services focus on improving key areas such as managing situational awareness, ensuring delivery security, optimizing service production, and enhancing product development and supply chain efficiency. Through these efforts, DataSpace Europe empowers businesses to harness data as a valuable resource for innovation and operational improvement.

Aurelia Turbines Oy, established in 2013 and headquartered in Lappeenranta, Finland, specializes in the manufacturing and marketing of advanced two-stage gas turbines. The company has successfully commercialized technology developed at Lappeenranta University of Technology, underpinned by over 30 years of research in high-speed technology and fluid dynamics. Aurelia's gas turbines are designed to enhance the performance of small and medium-sized enterprises by utilizing a low-emission combustion process suitable for hydrogen, biogas, synthetic gas, and other renewable fuels. This innovation enables businesses to lower operating costs, improve efficiency, and contribute to environmental sustainability. Aurelia maintains extensive intellectual property rights on its core technology and continues to develop its portfolio of protections. The company collaborates with world-class industrial partners to ensure scalability and integration of its modular components. Financial backing comes from various Finnish investors and European funding programs, including the EU H2020 initiative.

Betolar Ltd is a Finnish materials technology company founded in 2013, specializing in the development of geopolymer concrete derived from waste streams in the energy, mining, and forestry sectors. The company aims to promote sustainability in the construction industry by providing carbon-neutral construction materials that utilize previously underused industrial byproducts as a substitute for traditional cement. Betolar's product offerings include concrete products, ready-mixed concrete, and soil stabilization materials, catering to various sectors such as construction, ground engineering, landscaping, and waste management. With a focus on supporting the circular economy, Betolar is positioned to facilitate the green transition across multiple industries globally.

Solar Foods Ltd. is a food-tech startup based in Lappeenranta, Finland, founded in 2017. The company specializes in producing a sustainable protein called Solein, which serves as an alternative to animal-derived proteins. Solein is developed through a unique process that combines electricity, hydrogen, carbon dioxide, water, vitamins, and minerals to cultivate microbial biomass. This method utilizes gas fermentation, allowing the production of edible calories from hydrogen-oxidizing microbes without reliance on traditional agriculture, weather, or climate conditions. Solar Foods aims to provide nutritious food ingredients and plant-based meat alternatives that promote sustainability in food production.