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Radar · Energy in Helsinki

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.

34companies tracked
$337Mdisclosed funding
0unicorns
6have raised
FLIAR INTELLIGENCE · ENERGY × HELSINKI

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.

441companies analysed
76%cloud-native stacks
2025funding peak (by rounds)
8unicorns
2013median founding year
81kcombined LinkedIn audience
60%of audience held by top 3
2companies hiring publicly (12 mo)

Ranked: Best Energy companies in Helsinki

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackPatents & IP focusRecent signals
1Ilmatar
Developer of wind energy projects
$244M35 mo agoLate StageKalle Pykala
Co-Founder & Chairman
2011———
2Fintoil
Manufacturer of wood pulp process for oil and gas industries
$83M64 mo agoFunding Raised—2017WordPressMySQLPHP+19——
3Ductor
Sustainable biogas and fertilizer solutions from organic waste, promoting circular economy
$6M41 mo agoSeries CBernard Fenner
CEO
2009WordPressMySQLPHP+1757 patents
Ammonia stripping and nutrient recovery technologies for biogas plant waste streams
—
4Volta Local Energy
Provider of investment and maintenance the geothermal system
$3M36 mo agoSeed—2020SanityTurbopackNode.js+11——
5Hytrade
Hytrade | We accelerate the energy transition
$513K30 mo agoSeedJukka-Pekka Häkli
Founder and COO
2023———
6Kapacity.io
Manufacturer of LED lighting system and electricity consumption services
$125K61 mo agoAcquiredJaakko Rauhala
Co-founder & CEO
2020WebflowHubSpotcore-js+13——
7Helen
Provider of electricity, district heating, and district cooling solutions
—23 mo agoFunding RaisedPekka Manninen
CEO
1909Optimizely Content ManagementApple iCloud MailMicrosoft 365+18——
8Taaleri Energia
Wind farms and solar plants development and investment company
—33 mo agoFunding RaisedKai Rintala
Managing Director
2016Concrete 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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 13k LinkedIn followers — 16.2% of this cohort's audience
Founders & team
Kalle PykalaCo-Founder & Chairman
Investors
CIP, KLP, PCP, Omnes Capital
#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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers — 5.4% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: Project Procurement And Contract Manager
Funding rounds
  • May 2023Series C—
  • Oct 2020Series B—
  • Jul 2018Grant (prize money)$1.7M
  • Dec 2017Series A—
Founders & team
Bernard FennerCEO
Investors
Lifeline Ventures, BW Group, Europa, TotalEnergies, EIC Fund, Springvest
Tech stack
Apache Http ServerBorlabs CookieCore-JsElementorElementor Header & Footer BuilderFont Awesome
#3
Funding Raised · Helsinki, Uusimaa · founded 2017 · 30 employees
$83.4Mraised
▾

Manufacturer of wood pulp process for oil and gas industries

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers — 2.2% of this cohort's audience
Funding rounds
  • Jun 2021Conventional Debt$83.4M
Investors
Takoa Invest
Tech stack
Apache Http ServerCdnjsCloudflareCloudflare Bot ManagementContact Form 7Cookieyes
#4
Seed · Helsinki, Uusimaa · founded 2020 · 7 employees
$2.6Mraised
▾

Provider of investment and maintenance the geothermal system

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers
Investors
Kiilto, Holdix, Turret.fi
Tech stack
HstsMicrosoft 365Next.JsNext.Js App RouterNode.JsOpen Graph
#5
Seed · Helsinki, Uusimaa · founded 2023
$513.4Kraised
▾

Hytrade | We accelerate the energy transition

LinkedIn Pulse recent public activity · Jul 2026
Audience: 602 LinkedIn followers
Founders & team
Jukka-Pekka HäkliFounder and COO
Investors
ACF Investors
#6
Acquired · Helsinki, Uusimaa · founded 2020 · 8 employees
$125Kraised
▾

Manufacturer of LED lighting system and electricity consumption services

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers — 2.3% of this cohort's audience
Funding rounds
  • Sep 2021Seed$125K
Founders & team
Jaakko RauhalaCo-founder & CEO
Investors
Y Combinator, Climate Capital, Atlantic Labs
Tech stack
Amazon Web ServicesCloudflareCloudflare Bot ManagementCloudflare TurnstileCore-JsDjango
#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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 22k LinkedIn followers — 27.5% of this cohort's audience
Founders & team
Pekka ManninenCEO
Investors
Europa
Tech stack
Apple Icloud MailAzureAzure MonitorBootstrapCloudflareCloudflare Bot Management
#8
Funding Raised · Helsinki, Uusimaa · founded 2016
—raised
▾

Wind farms and solar plants development and investment company

LinkedIn Pulse recent public activity · Jul 2026
Audience: 5k LinkedIn followers — 5.8% of this cohort's audience
Hiring: 4 hiring posts in 12 mo (public) · momentum +0 · hiring: Investor Relations Analyst, Originator
Funding rounds
  • Jan 2024Conventional Debt—
Founders & team
Francisco ValverdeGeneral ManagerKai RintalaManaging DirectorJoao NetoInvestment Manager
Investors
EBRD
#9
Seed · Helsinki, Uusimaa · founded 2016
—raised
▾

Provider of electric energy system software to make electrification easy and economically viable for industrial heat producers.

Funding rounds
  • 2023Seed—
Founders & team
Pasi HakulinenCo-FounderOlli KangasCo-Founder & CEOMikko IlmonenCo-Founder
Investors
Lifeline Ventures, Enry's Island
Tech stack
CloudflareCloudflare Bot ManagementCookiebotCore-JsGoogle AnalyticsGoogle Tag Manager
#10
Funding Raised · Helsinki, Uusimaa · founded 1995 · 1000 employees
—raised
▾

Portal providing information on fuels marketing activities and renewable energy

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers — 2.8% of this cohort's audience
Founders & team
Mika WiljanenCEO & MD
Investors
Europa, HitecVision
Tech stack
Apple Icloud MailCookie InformationFrontifyGoogle AnalyticsGoogle CloudGoogle Cloud Cdn
#11
Funding Raised · Helsinki, Uusimaa · founded 1990 · 91 employees
—raised
▾

Provider of diversified SME loan services

LinkedIn Pulse recent public activity · Jul 2026
Audience: 13k LinkedIn followers — 16.2% of this cohort's audience
Investors
Europa
Tech stack
Amazon CloudfrontAmazon Web ServicesBackbone.JsCloudflareCloudflare Bot ManagementCookiebot
#12
Funding Raised · Helsinki, Uusimaa · founded 1993
—raised
▾

Provider of operation & maintenance services for solar and wind energy

Founders & team
Elina MoisioCEO & Managing Director
Investors
European Union
Tech stack
Apache Http ServerApple Icloud MailBootstrapCdnjsCloudflareCookiebot

Funding & investor landscape

$337Mtotal disclosed funding
6companies funded
6disclosed rounds
0rounds last 90 days
Most active investors
Europa4 rounds
Atlantic Labs2 rounds
EnergySpin2 rounds
Lifeline Ventures2 rounds
ACF Investors1 rounds
BHM group1 rounds
BW Group1 rounds
Butterfly Ventures1 rounds
CIP1 rounds
Climate Capital1 rounds

Notable founders

Kalle Pykala
Co-Founder & Chairman · Ilmatar
Bernard Fenner
CEO · Ductor
Jukka-Pekka Häkli
Founder and COO · Hytrade
Jaakko Rauhala
Co-founder & CEO · Kapacity.io
Pekka Manninen
CEO · Helen
Francisco Valverde
General Manager · Taaleri Energia
Kai Rintala
Managing Director · Taaleri Energia
Pasi Hakulinen
Co-Founder · Intergrid
Olli Kangas
Co-Founder & CEO · Intergrid
Mika Wiljanen
CEO & MD · St1
Elina Moisio
CEO & Managing Director · Motiva
Prism market signals · Finland · country-scoped Prism corpus, 234,915 docs

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

RESEARCH SIGNALS · Finland

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.

research sentiment over time
202320252026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and steady — the enthusiastic (strongly-positive) share moved 47% → 48% across 2023–2026.
top research entities
  • Aalto University73
  • Lappeenranta-Lahti University of Technology54
  • Tampere University24
  • University of Oulu22
  • University of Vaasa16
leading researchers
Matti Lehtonen · Christian Breyer · Mahdi Pourakbari‐Kasmaei · Tomi Roinila · Dmitrii Bogdanov · Hannu Laaksonen · Miadreza Shafie‐khah · Behnam Mohammadi‐Ivatloo
▲ Breakthroughs49 · 22%
▲ 0%→23% share
0 median citations96% since 2021mostly methods-led
Breakthroughs are rising (0%→23% of field), led by Renewable energy.
rising sub-themes (early→recent)
  • Renewable energy1→8
  • Electricity1→4
Newly emergingMicrogrid 0→7 · Power (physics) 0→6 · Thermal energy storage 0→6
Landmark Hydro, wind and solar power as a base for a 100% renewable energy supply for South and Central America · 203 cites
◆ Advancements121 · 56%
▲ 0%→56% share
0 median citations96% since 2021mostly methods-led
Advancements are rising (0%→56% of field), led by Renewable energy.
rising sub-themes (early→recent)
  • Renewable energy39
  • Battery (electricity)28
  • Electricity19
  • Photovoltaic system15
  • Power (physics)13
Newly emergingRenewable energy 0→35 · Battery (electricity) 0→27 · Electricity 0→16
Landmark Flexible electricity generation, grid exchange and storage for the transition to a 100% renewable energy system in Europ · 542 cites
▼ Concerns26 · 12%
▲ 0%→12% share
3 median citations92% since 2021mostly empirical
Concerns are rising (0%→12% of field), led by Renewable energy.
rising sub-themes (early→recent)
  • Renewable energy11
  • Battery (electricity)6
  • Environmental economics4
  • Electrical engineering3
  • Electric vehicle3
Newly emergingRenewable energy 0→9 · Battery (electricity) 0→6
Landmark Redox flow batteries: Status and perspective towards sustainable stationary energy storage · 712 cites
RESEARCH HOTSPOTS · Finland

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.

Espoo84 · +0.47
Hot · Renewable energyAdvancing · Battery (electricity)Opportunity · Nanotechnology
Lappeenranta54 · +0.48
Hot · ElectricityAdvancing · Renewable energyOpportunity · Energy (signal processing)Concern · Battery (electricity)
Tampere24 · +0.42
Hot · VoltageAdvancing · Battery (electricity)Opportunity · Power (physics)
Oulu23 · +0.52
Hot · Environmental economicsAdvancing · SupercapacitorOpportunity · Renewable energy
Turku19 · +0.33
Hot · RedoxAdvancing · Photovoltaic systemOpportunity · Battery (electricity)
Helsinki7 · +0.60
Hot · Faraday efficiencyAdvancing · ElectrochemistryOpportunity · Electrolyte
Joensuu6 · +0.50
Hot · Battery (electricity)Advancing · ElectrochemistryOpportunity · Porosity

Common questions

How many Energy companies are there in Helsinki, Finland?
Radar tracks 34 indexable Energy companies headquartered in Helsinki, Finland that meet our profile-completeness bar.
What is the total funding raised by Energy companies in Helsinki, Finland?
The Energy companies in Helsinki, Finland on this list have raised a combined $337M in disclosed equity funding across 6 funded companies.
Which is the highest-funded Energy company in Helsinki, Finland?
Ilmatar is the highest-funded Energy company in Helsinki, Finland, with $244M in disclosed equity funding.
How many Energy companies in Helsinki, Finland are funded?
6 of the 34 Energy companies in Helsinki, Finland on this list have disclosed at least one equity funding round.
How many Energy unicorns are there in Helsinki, Finland?
None of the Energy companies in Helsinki, Finland on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Helsinki, Finland Energy companies?
The most active investors in Helsinki, Finland Energy companies on this list include Europa, Atlantic Labs, EnergySpin, Lifeline Ventures, ACF Investors.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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