Marindows
Corporate Round in 2022
Marindows is a company focused on delivering innovative marine solutions through a cloud-based operating system that enhances data utilization within the maritime industry. The platform is designed to address challenges such as the aging of domestic shipping and inefficiencies in direct exchanges by leveraging advancements in information and communication technology. Additionally, Marindows is involved in the development of drone ships and the creation of digital content, further contributing to the modernization and efficiency of maritime operations. By providing comprehensive information and support, Marindows aims to facilitate improved operational capabilities for the marine sector.
Soletair Power
Seed Round in 2021
Soletair Power is a Finnish startup established in 2016 that specializes in Direct Air Capture technology. The company focuses on reducing building emissions by retrofitting ventilation systems with innovative carbon capture solutions that selectively filter CO2 from the atmosphere. This captured carbon dioxide can be mineralized, stored, or repurposed as a raw material for producing synthetic products. In collaboration with Wärtsilä and Q-Power, Soletair Power developed the first Power-to-X unit capable of generating fuel from air, showcased at the Finland pavilion during Expo 2020 Dubai. Since its inception, the company has successfully delivered multiple carbon capture units and formed partnerships across various countries, including Germany, Denmark, Hungary, Finland, and the UAE, facilitating the large-scale deployment of carbon removal technologies for diverse stakeholders, such as corporations and real estate developers.
Soletair Power
Seed Round in 2019
Soletair Power is a Finnish startup established in 2016 that specializes in Direct Air Capture technology. The company focuses on reducing building emissions by retrofitting ventilation systems with innovative carbon capture solutions that selectively filter CO2 from the atmosphere. This captured carbon dioxide can be mineralized, stored, or repurposed as a raw material for producing synthetic products. In collaboration with Wärtsilä and Q-Power, Soletair Power developed the first Power-to-X unit capable of generating fuel from air, showcased at the Finland pavilion during Expo 2020 Dubai. Since its inception, the company has successfully delivered multiple carbon capture units and formed partnerships across various countries, including Germany, Denmark, Hungary, Finland, and the UAE, facilitating the large-scale deployment of carbon removal technologies for diverse stakeholders, such as corporations and real estate developers.
Transas Group
Acquisition in 2018
Transas offers best-in-class navigation systems and integrated bridge solutions
Lock-N-Stitch
Acquisition in 2018
Lock-N-Stitch Inc. is a manufacturer and service repair company based in Turlock, California, specializing in the repair of cracked and damaged cast iron and other cast metals. Founded in 1990, the company offers a range of services, including metal stitching, fusion welding, furnace repair, and both in-house and on-site machining. Additionally, Lock-N-Stitch provides inspection and testing services, as well as precision thread repair solutions. It manufactures a variety of repair tools and supplies, such as stitching pins, locks, kits for specific repairs, and various thread repair products, including inserts and plugs for different applications. The company serves multiple industries, including power generation, mining, manufacturing, and shipping, focusing on delivering permanent repair solutions that eliminate the need for traditional welding. As of 2018, Lock-N-Stitch operates as a subsidiary of Wärtsilä Oyj Abp.
Greensmith Energy Management Systems
Acquisition in 2017
Greensmith provides system integration, battery controls, web-based software, and data analytics for stationary energy storage systems. The company’s systems combine cloud computing with battery storage and management technologies to help solve complex problems related to critical changes unfolding on the electrical grid. Its fourth generation software platform, GEMS, is used for voltage and frequency regulation, peak shaving, PV smoothing, microgrids, and back-up power for critical loads. The company started as a battery-agnostic system integrator and software developer, combining multiple battery types and power conversion systems with proprietary firmware and software to orchestrate and maximize performance and safety. Greensmith’s customers include utilities, power developers, independent power producers, and commercial and industrial firms. Greensmith was founded in 2008 and is based in Rockville, Maryland.
Eniram
Acquisition in 2016
Eniram, established in 2005, specializes in maritime energy management systems, aiming to reduce fuel consumption and emissions for the shipping industry. The company offers real-time data collection platforms, optimization tools, and analytics services for various vessel types, including cruise ships, tankers, and LNG carriers. Eniram's products, such as the Eniram Vessel Platform, Dynamic Trimming Assistant, and Optimum Speed Assistant, help vessel crew and onshore teams monitor and optimize performance, enabling significant fuel savings. With headquarters in Helsinki, Finland, and offices in Singapore, the United States, Germany, and the United Kingdom, Eniram operates as a subsidiary of Wärtsilä Oyj Abp since 2016.
Hamworthy
Acquisition in 2011
Hamworthy is a leading designer, developer and manufacturer of advanced marine fluid handling systems for ships and offshore oil and gas facilities. The company specializes in innovative and often highly customized designs for marine gas handling, pumping and water systems.