Norsepower
Series C in 2023
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.
Visedo
Debt Financing in 2016
Visedo Oy is a Finnish company based in Lappeenranta that specializes in the development, manufacturing, and delivery of electric drive trains tailored for heavy mobile work machines, marine vessels, and buses. The company's advanced electric and hybrid drivetrains are designed to operate efficiently in harsh environments, providing solutions that enhance fuel savings while reducing emissions and noise levels. By utilizing state-of-the-art electric components, Visedo enables its clients to minimize their environmental impact and improve productivity across various heavy-duty applications.
Norsepower
Seed Round in 2016
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.
Valopaa
Seed Round in 2013
Valopaa Ltd. is a Finnish company specializing in the design, development, manufacture, and marketing of LED lighting products. Founded in 2007 and headquartered in Oulu, the company focuses on high-performance lighting solutions suitable for demanding environments. Valopaa offers a range of products, including LED street lights, bollards, spotlights, ceiling lights, and customized lighting systems, catering to various applications such as street, industrial, and sports facility lighting. The company emphasizes energy efficiency, longevity, and ease of maintenance in its offerings. Valopaa markets its products through a network of distributors across several countries, including Finland, Germany, Italy, the Netherlands, Belgium, Russia, Sweden, Australia, and Azerbaijan.
Cajo Technologies
Venture Round in 2013
Cajo Technologies develops laser marking solutions and software for industrial branding, enabling durable, precise product markings and full traceability. It is a forerunner in laser marking software, materials knowledge, and laser beam control, delivering comprehensive, production-friendly systems optimized for industrial processes. The company offers additive-free laser technology, easy integration into production lines, and customizable software to support traceability across metal, medical, and packaging sectors while reducing environmental impact and operating costs. Founded in 2010 and headquartered in Kempele, Finland, Cajo Technologies serves manufacturers seeking scalable laser marking solutions.
Convion
Seed Round in 2013
Convion Ltd., established in 2012 and located in Espoo, Finland, specializes in the development and manufacturing of solid oxide fuel cell systems for power generation and hydrogen production. The company's technology facilitates the efficient conversion of various fuels into electricity and steam, promoting sustainable energy solutions. Convion's modular fuel cell systems are designed for flexibility, allowing them to operate with different fuel types and catering to both industrial and commercial applications. By focusing on high-efficiency energy conversion, Convion aims to enhance energy independence and security while providing reliable and operationally flexible solutions in the power generation market.
Wello Oy is a Finnish company specializing in the manufacture of wave energy converters, specifically the Penguin Core, which encompasses design, licensing, control software, and expertise for developing scalable wave parks. Founded in 2008 and based in Espoo, Wello's innovative Penguin wave energy converter captures energy from ocean waves using a unique design that enables it to respond dynamically to wave movements. The asymmetrical hull of the Penguin creates a gyrating motion that directly drives a generator, eliminating the need for mechanical or hydraulic gears and enhancing efficiency. Wello aims to provide ecological and commercially viable solutions for harnessing renewable energy from the sea, making low-cost energy accessible for various applications.
Wello Oy is a Finnish company specializing in the manufacture of wave energy converters, specifically the Penguin Core, which encompasses design, licensing, control software, and expertise for developing scalable wave parks. Founded in 2008 and based in Espoo, Wello's innovative Penguin wave energy converter captures energy from ocean waves using a unique design that enables it to respond dynamically to wave movements. The asymmetrical hull of the Penguin creates a gyrating motion that directly drives a generator, eliminating the need for mechanical or hydraulic gears and enhancing efficiency. Wello aims to provide ecological and commercially viable solutions for harnessing renewable energy from the sea, making low-cost energy accessible for various applications.
OptoGaN
Venture Round in 2007
OptoGaN Oy is a company based in Espoo, Finland, specializing in the development and production of high brightness light emitting diodes (LEDs) for solid state lighting applications worldwide. Established in 2004, OptoGaN focuses on various sectors, including indoor and outdoor lighting, automotive lighting, and white LED lamps. The company's flagship product is the OptoGaN f-Power I, a blue-color InGaN LED chip designed for diverse uses. OptoGaN operates a pilot manufacturing line in Dortmund, Germany, and has research and development operations in Helsinki. Additionally, the company has production facilities in Landshut, Germany, and St. Petersburg, Russia, supporting its growth and technological advancements in the global LED market.
Cavitar
Venture Round in 2006
Founded in 1996, Cavitar specializes in diode laser technology for high-speed imaging and machine vision applications. Its CAVILUX illumination lasers offer higher power, brightness, and efficiency than traditional light sources, enabling accurate measurements in R&D and improved real-time visual monitoring in industry.