Best Energy Companies in Helsinki, Finland
The 34 best Energy companies in Helsinki, Finland in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Ilmatar.
Our analysis of 441 Energy companies
$135.1b in tracked funding; 76% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Energy companies in Helsinki
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Ilmatar Developer of wind energy projects | $244M | 35 mo ago | Late Stage | Kalle Pykala Co-Founder & Chairman | 2011 | — | — | — |
| 2 | Fintoil Manufacturer of wood pulp process for oil and gas industries | $83M | 64 mo ago | Funding Raised | — | 2017 | WordPressMySQLPHP+19 | — | — |
| 3 | Ductor Sustainable biogas and fertilizer solutions from organic waste, promoting circular economy | $6M | 41 mo ago | Series C | Bernard Fenner CEO | 2009 | WordPressMySQLPHP+17 | 57 patents Ammonia stripping and nutrient recovery technologies for biogas plant waste streams | — |
| 4 | Volta Local Energy Provider of investment and maintenance the geothermal system | $3M | 36 mo ago | Seed | — | 2020 | SanityTurbopackNode.js+11 | — | — |
| 5 | Hytrade Hytrade | We accelerate the energy transition | $513K | 30 mo ago | Seed | Jukka-Pekka Häkli Founder and COO | 2023 | — | — | — |
| 6 | Kapacity.io Manufacturer of LED lighting system and electricity consumption services | $125K | 61 mo ago | Acquired | Jaakko Rauhala Co-founder & CEO | 2020 | WebflowHubSpotcore-js+13 | — | — |
| 7 | Helen Provider of electricity, district heating, and district cooling solutions | — | 23 mo ago | Funding Raised | Pekka Manninen CEO | 1909 | Optimizely Content ManagementApple iCloud MailMicrosoft 365+18 | — | — |
| 8 | Taaleri Energia Wind farms and solar plants development and investment company | — | 33 mo ago | Funding Raised | Kai Rintala Managing Director | 2016 | Concrete CMSPHPYouTube+14 | — | — |
Top 12 Energy companies in Helsinki
#1
Late Stage · Helsinki, Uusimaa · founded 2011 · 85 employees$244Mraised▾
Operator of an energy company aimed at producing and selling renewable energy to consumers and businesses. The company specializes in the development, construction management, operational asset management and retail sales of renewable energy by operating wind farms, enabling clients to get a clean source of energy.
#2
Series C · Helsinki, Uusimaa · founded 2009 · 70 employees$6.3Mraised▾
Sustainable biogas and fertilizer solutions from organic waste, promoting circular economy. The company provides solutions addressing environmental challenges in energy and agriculture, transforming waste into sustainable organic fertilizers and renewable biogas energy. They build, own, and operate facilities, repurposing organic resources for carbon-reduced fertilizers and renewable energy. The company focuses on sustainability, offering products and services in the energy and fertilizer sectors. They are dedicated to a circular future, promoting fairness, honesty, integrity, identification, and cooperativeness. They are always looking for new talents to join the family. They are an Equal Opportunity Employer.
- May 2023Series C—
- Oct 2020Series B—
- Jul 2018Grant (prize money)$1.7M
- Dec 2017Series A—
#3
Funding Raised · Helsinki, Uusimaa · founded 2017 · 30 employees$83.4Mraised▾
Manufacturer of wood pulp process for oil and gas industries
- Jun 2021Conventional Debt$83.4M
#4
Seed · Helsinki, Uusimaa · founded 2020 · 7 employees$2.6Mraised▾
Provider of investment and maintenance the geothermal system
#5
Seed · Helsinki, Uusimaa · founded 2023$513.4Kraised▾
Hytrade | We accelerate the energy transition
#6
Acquired · Helsinki, Uusimaa · founded 2020 · 8 employees$125Kraised▾
Manufacturer of LED lighting system and electricity consumption services
- Sep 2021Seed$125K
#7
Funding Raised · Helsinki, Uusimaa · founded 1909—raised▾
Provider of electricity, district heating, and district cooling solutions. It offers electricity contracts, district heating for residential and commercial buildings, and district cooling solutions for businesses and data centers. It also provides electric vehicle charging solutions for homes and businesses, along with solar panel installations and related services. The company focuses on energy sales, distribution, and related customer services for various client segments.
#8
Funding Raised · Helsinki, Uusimaa · founded 2016—raised▾
Wind farms and solar plants development and investment company
- Jan 2024Conventional Debt—
#9
Seed · Helsinki, Uusimaa · founded 2016—raised▾
Provider of electric energy system software to make electrification easy and economically viable for industrial heat producers.
- 2023Seed—
#10
Funding Raised · Helsinki, Uusimaa · founded 1995 · 1000 employees—raised▾
Portal providing information on fuels marketing activities and renewable energy
#11
Funding Raised · Helsinki, Uusimaa · founded 1990 · 91 employees—raised▾
Provider of diversified SME loan services
#12
Funding Raised · Helsinki, Uusimaa · founded 1993—raised▾
Provider of operation & maintenance services for solar and wind energy
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Energy coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Grid Energy Storage is moving in Finland
A read on the academic research around Grid Energy Storage — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 218 Finland-affiliated papers.
- Aalto University73
- Lappeenranta-Lahti University of Technology54
- Tampere University24
- University of Oulu22
- University of Vaasa16
- Renewable energy1→8
- Electricity1→4
- Renewable energy39
- Battery (electricity)28
- Electricity19
- Photovoltaic system15
- Power (physics)13
- Renewable energy11
- Battery (electricity)6
- Environmental economics4
- Electrical engineering3
- Electric vehicle3
Where energy storage is researched across Finland
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.