Best Energy Tech Companies in Finland
The 154 best Energy Tech companies in Finland in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Virta.
Finland's Energy Tech sector has a funding story worth reading carefully. This directory ranks Energy Tech companies in Finland by disclosed equity funding and recent funding momentum, pulling from 154 tracked companies with a combined $477M in disclosed capital. Virta leads the pack at $108M raised, with Neste close behind at $102M and Hycamite at $31M, figures that reflect real commercial weight, not just early-stage promise. The sector's ~7.1% CAGR tells you where global capital is pointing, driven by rising energy demand and the industrial push to digitize production workflows that still run on paper in too many facilities.
So what does Finland actually bring to this? Quite a lot, it turns out. As Finland's low-carbon energy positioning shows, the country punches above its weight on clean energy infrastructure. Mobile adoption is following: energy and oil apps are clocking median install growth of roughly 28% year-over-year across 138 tracked apps, which I'd argue is the quietest signal of how fast end-user demand is accelerating. Hot themes across the sector right now include EV battery technology, solar electricity generation, and next-generation EV platforms. Investors like Tesi, Business Finland, and EIC Fund are the names showing up repeatedly in Finnish cap tables, and they're not writing small checks speculatively. They're backing scale.
- prnewswire.com
Our analysis of 287 Energy Tech companies
$109.4b in tracked funding; 82% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Energy Tech companies in Finland
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Web popularity | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Virta Provider of electric vehicle charging solutions and related energy services | $108M | 37 mo ago | 200 | Christian Girardeau CEO | HubSpot CMS HubApple iCloud MailMicrosoft 365+27 | Top 5M | — | 1 job opening · 1 partnership |
| 2 | Neste Manufacturer of renewable diesel, sustainable aviation fuel, and feedstocks | $102M | 47 mo ago | 5,297 5,297 → 4,506 (-15%) | Matti Lehmus President and CEO | ContentfulNode.jsSalesforce+15 | Top 1M | 90 patents Renewable paraffin waxes and bio‑based lubricants from microbial oil processing | — |
| 3 | Hycamite Provider of low-carbon hydrogen and high-quality carbon products for industry | $31M | 10 mo ago | 36 | Laura Rahikka Founder and CEO | WordPressMySQLPHP+30 | Top 10M | — | — |
| 4 | Cactos Provider of solutions for the energy storage system | $31M | 29 mo ago | 19 | — | — | — | — | — |
| 5 | AW-Energy Online platform offering solutions for harnessing and converting ocean wave energy into electricity | $28M | 67 mo ago | 12 | — | WordPressMySQLPHP+23 | Top 10M | 179 patents Wave energy conversion devices with power‑take‑off and integrated hydrogen production systems | — |
| 6 | P2X Solutions Producer of green hydrogen and synthetic fuels. This company develops and operates industrial-scale… | $25M | 54 mo ago | 11 | Herkko Plit Founder & CEO | WordPressMySQLPHP+14 | Top 10M | — | — |
| 7 | Visedo Oy Electric drivetrains for heavy duty vehicles | $24M | 114 mo ago | 60 | — | — | — | 102 patents Marine electromechanical power transmission and control systems for vessel propulsion | — |
| 8 | LIFAair Manufacturer of air purification equipment and medical grade respiratory masks | $23M | 127 mo ago | — | Vesa Makipaa Founder & CEO | Shogun Page BuilderCart FunctionalityShopify+15 | Top 10M | — | — |
| 9 | Zyfra Provider of robots, AI, and IIoT based solutions for mining industries | $13M | 65 mo ago | 272 | — | — | Top 10M | — | — |
| 10 | Polar Night Energy Manufacturer of sand battery based thermal energy storage systems | $9M | 26 mo ago | — | Tommi Eronen Co-Founder & CEO | WordPress Block EditorWordPressMySQL+28 | Top 5M | 7 patents Thermal energy storage and heat transfer systems for industrial and power applications | — |
| 11 | Polar Night Energy Provider of heat energy storage solutions | $8M | 26 mo ago | 15 | Tommi Eronen Co-Founder & CEO | — | — | 7 patents Thermal energy storage and heat transfer systems for industrial heat management | — |
| 12 | Sensire Provider of HSEQ software solutions for safety management and condition monitoring | $7M | 84 mo ago | 20 | Jukkapekka Asikainen Founder and CEO | HubSpot CMS HubAzureSegment+19 | Top 10M | 29 patents IoT asset tracking and sensor calibration using wireless sensor networks and RFID detection. | 1 job opening |
| 13 | Safegrid Provides grid management solutions | $7M | 13 mo ago | 22 | — | WordPressMySQLPHP+33 | Top 10M | 53 patents Real-time monitoring, fault detection, and location for electric power distribution grids. | 1 job opening · 1 partnership |
| 14 | Teraloop Large scale Grid connected Energy Storage Systems | $6M | 61 mo ago | 18 | — | ErlangElixirPhoenix Framework+8 | Top 50M | 30 patents Patents concentrated in electrical & electronics | — |
| 15 | Aeromon Provider of mobile emission monitoring services and analytical solutions. | $5M | 39 mo ago | 23 | Jouko Salo Founder / Chairman of the Board / Chief Strategy Officer | WordPressMySQLPHP+18 | Top 10M | 18 patents Real-time gas and fluid emission monitoring using spectroscopic analyzers | — |
| 16 | OptiWatti Room level optimization for temperature | $4M | 109 mo ago | — | Jyri Seppa Co-Founder | WordPressMySQLPHP+23 | Top 5M | 9 patents Load control and energy management for electric distribution networks | — |
| 17 | Pulsedeon Developer of lithium-ion battery solutions using pulsed laser deposition technology | $4M | 68 mo ago | — | Jari Liimatainen CEO | — | — | 38 patents Laser-assisted deposition of graphene/composite thin films for lithium‑metal battery components | — |
| 18 | Wello Manufacturer of wave energy converters | $4M | 68 mo ago | 6 | — | Cart FunctionalityRequireJSReact+11 | Top 50M | 106 patents Wave energy conversion systems and marine roll mitigation technologies | — |
| 19 | Spiral Hydrogen Developer of electrolysis technology for green hydrogen production at lower cost | $4M | 1 mo ago | — | Juri Volodin Co-Founder& CEO | Framer SitesReactPlausible+8 | Top 50M | — | — |
| 20 | BroadBit Batteries Manufacturer of sodium based batteries | $4M | 48 mo ago | 10 | David Brown Chief Executive Officer | — | — | 120 patents Patents concentrated in electrical & electronics | 1 partnership |
| 21 | Enfucell Zinc based micro-battery developers | $3M | 216 mo ago | 40 | — | — | — | 58 patents Thin-film solid-state microbattery packs for compact electronic device integration | 2 launchs |
| 22 | Linkker Manufacturer of electric buses | $3M | 108 mo ago | 6 | Erkkilä Kimmo Co-Founder & CEO | — | — | — | — |
| 23 | Beely Online subscription-based platform for cars | $3M | 90 mo ago | 11 | Veli-Pekka Voutilainen Head Of Sales & Co-Founder | Node.jsSalesforceTailwind CSS+26 | Top 500k | — | — |
| 24 | Synergi Online platform offering grid management solutions | $3M | 20 mo ago | 9 | Antti Hämmäinen Co-founder | WebflowGSAPSplide+17 | Top 10M | — | 1 partnership |
| 25 | Lumous IoT and Cloud-based OLED lighting solutions for commercial facilities | $3M | 161 mo ago | 2 | Kauko Vainamo Founder | — | — | — | — |
| 26 | Geyser Batteries Developer of carbon-neutral batteries | $2M | 60 mo ago | 10 | Andrey Shigaev Co-Founder & MD | WixSentryBootstrap+12 | Top 50M | 14 patents Thermal‑managed high‑power electrochemical cells and modular battery energy‑storage systems | 1 expansion |
| 27 | CeLLife Technology solution for battery diagnostics and quality control | $2M | 24 mo ago | — | Tuomas Messo Co-Founder & CTO | HubSpot CMS HubQuicklinkcore-js+13 | Top 50M | — | — |
| 28 | Revonte Developer of smart electric bicycles | $2M | 81 mo ago | 17 | Otto Chrons Co-Founder & CTO | — | — | 25 patents Patents concentrated in transport & manufacturing processes | — |
| 29 | Enerim SaaS-based platform energy plant management | $1M | 30 mo ago | 215 | — | WordPressMySQLPHP+32 | Top 10M | — | — |
| 30 | Toroidion Electric sports car using patented powertrain technology | $1M | 117 mo ago | 3 | Pasi Pennanen Founder & CEO | — | — | 9 patents Electric vehicle powertrains with modular, exchangeable battery and management systems | — |
| 31 | eMabler Saas and AI-enabled platform offering comprehensive electric vehicle charging and energy management solutions | $769K | 60 mo ago | 7 | Ville Parviainen Co-Founder | Framer SitesApple iCloud MailMicrosoft 365+14 | Top 50M | — | 2 job openings · 1 partnership |
| 32 | Nuuka Provider of SaaS & AI-powered building diagnostics software solutions | $644K | 85 mo ago | 14 | Petteri Terho CEO | WordPress Block EditorWordPressMySQL+28 | Top 50M | — | — |
| 33 | Capalo AI Provides services for traders, optimizers, and operators of battery energy storage systems through… | $529K | 4 mo ago | — | Teemu Lappalainen Co-Founder & COO | WordPressMySQLPHP+27 | Top 10M | — | 1 partnership · 1 expansion |
| 34 | BaseN Provider of a platform for digital twin and IoT solutions | $516K | 133 mo ago | — | Pasi Hurri Founder & CEO | WordPressMySQLPHP+32 | Top 50M | 19 patents Device-aware software migration and self-determining host systems for IoT platforms | — |
| 35 | Ori Solution Provider of technology for clean energy | $331K | 47 mo ago | 2 | Joakim Berndtsson Co-Founder and iCEO | — | — | 10 patents Orthogonal radial induction generators improving efficiency of rotating electric power machines | — |
| 36 | Wuudis Provides IT solutions for supply chain management of feedstock | $284K | 103 mo ago | 5 | — | — | — | — | — |
| 37 | Jamm Chargers App-connected DC fast charging stations for electric vehicle charging | $190K | 132 mo ago | — | Jukka Anttonen Co-Founder & CEO | — | — | — | — |
| 38 | EkoRent Online car rental platform | $158K | 120 mo ago | 9 | — | — | — | — | — |
| 39 | Fourdeg Solution to control building heating system | $127K | 114 mo ago | 2 | — | — | — | 5 patents Patents concentrated in computing, sensing & instrumentation | — |
| 40 | FlyNano Developer of lightweight personal electric aircraft | $123K | 97 mo ago | — | Aki Suokas Founder & Cheif Designer | — | — | 3 patents Micro aerial vehicle design and lightweight propulsion systems | — |
| 41 | Oceanvolt Electric propulsion systems for sailboats and catamarans | $110K | 109 mo ago | 23 | — | WordPress Block EditorWordPressMySQL+22 | Top 5M | 17 patents Electric marine propulsion with variable‑pitch propellers and vessel cooling systems | — |
| 42 | Quantum Electric Developer of digitally controlled motors for electric vehicles | $106K | 112 mo ago | — | Jari Aaltonen CEO & MD | — | — | 5 patents Patents concentrated in electrical & electronics | — |
Top 12 Energy Tech companies in Finland
#1
Seed · Harju, Helsinki · founded 2024$4Mraised▾
Developer of electrolysis technology for green hydrogen production at lower cost. The technology uses rotation for circulating liquids and operates without gas bubbles. It facilitates high current densities and uniform catalyst deposit. The company's electrolyzer sets a new standard in electrolysis.
- Apr 2026Seed$3.2M
- Apr 2026Grant (prize money)$818.6K
#2
Series A · Kokkola, Central Ostrobothnia · founded 2020 · 36 employees$31.5Mraised▾
Provider of low-carbon hydrogen and high-quality carbon products for industry. It offers methane-splitting technology for gradual decarbonization, benefiting industries like steel, chemicals, oil, gas, and cement. Carbon nanoproducts and graphite are available for battery production, electronics, and electrically conductive materials. The company builds modular decarbonization plants next to industrial sites, leveraging standardized technology and existing infrastructure.
- Jul 2025Series A—
- Jan 2025Series A$17.3M
- Jul 2023Series A$28.1M
- Feb 2022Seed$3.4M
#3
Series A · Kuopio, North Savo · founded 2022$529.4Kraised▾
Provides services for traders, optimizers, and operators of battery energy storage systems through AI-optimized trading and forecasts. The company offers a comprehensive service from prequalification to BESS value maximization, operating across the energy storage value chain.
- Feb 2026Series A$13M
- Mar 2025Seed$4.2M
- Oct 2023Seed$529.4K
#4
Acquired · Espoo, Uusimaa · founded 2019 · 22 employees$6.7Mraised▾
Provides grid management solutions. It uses wireless sensors to locate, predict, and prevent grid faults and improve grid performance. It also provides analytics to grid operators.
- Apr 2025Series A—
- Feb 2023Series A$6.1M
- 2019Seed$632.5K
#5
Series D · Helsinki, Uusimaa · founded 2013 · 200 employees$107.9Mraised▾
Provider of electric vehicle charging solutions and related energy services. The company offers a platform for managing charging networks. It provides options for standard and modular charging solutions. The company also offers services for businesses, charge point operators, and installers. Resources include customer stories, guides, and a knowledge base.
- Apr 2023Series D$71.9M
- Apr 2023Grant (prize money)$22.1M
- Apr 2021Series C$36M
- Apr 2020Series A—
#6
Public · Espoo, Uusimaa · founded 2017 · 5297 employees$102.2Mraised▾
Manufacturer of renewable diesel, sustainable aviation fuel, and feedstocks. It refines waste, residues, and other raw materials into renewable fuels. The company provides solutions for mitigating climate change and accelerating a shift to a circular economy. It offers career opportunities for professionals with diverse backgrounds and expertise.
- Jul 2022Grant (prize money)—
- Nov 2021Grant (prize money)$99.9M
- Apr 2020Grant (prize money)$165.7K
- Jan 2020Grant (prize money)$199.7K
#7
Series A · Helsinki, Uusimaa · founded 2021 · 19 employees$31.1Mraised▾
Developer of smart energy storage designed for efficient utilization of renewable energy globally. The company's distributed energy storage system offers local backup power securing supply during periods of a power outage while supporting the electrification of transportation by offering an end-of-life use for electric vehicle batteries and power grid stability, enabling building owners, tenants in areas of manufacturing, industry, hospitality or retail industry to secure critical power supply.
#8
Seed · Helsinki, Uusimaa · founded 2022 · 9 employees$3Mraised▾
Online platform offering grid management solutions. It provides smart electricity management combined with demand response in households. It enables households to use electricity which produced from renewable sources, which help save money on electricity bills and balance out the grid.
#9
Seed · Tampere, Pirkanmaa · founded 2018$8.8Mraised▾
Manufacturer of sand battery based thermal energy storage systems. It develops high-temperature thermal energy storage systems to support the transition from fossil fuels to renewable energy. Its sand battery technology uses sustainably sourced sand to store thermal energy, enabling the production of heat.
- Apr 2024Seed$8.2M
- Oct 2021Seed$578.5K
#10
Seed · Tampere, Pirkanmaa · founded 2018 · 15 employees$8.2Mraised▾
Developer of heat storages designed to store renewable energy. The company designs and builds high temperature and zero-emission heat storage and facilitates the up-scaling of solar or wind energy to meet heating and electricity demand, enabling customers to use heat storage facilities for housing and industrial applications in an affordable way.
#11
Deadpooled · Vantaa, Uusimaa · founded 2002 · 12 employees$28.4Mraised▾
Online platform offering solutions for harnessing and converting ocean wave energy into electricity.
- Nov 2020Grant (prize money)$2.9M
- Nov 2018Grant (prize money)—
- May 2018Series B—
- May 2018Grant (prize money)$2.1M
#12
Seed · Tampere, Pirkanmaa · founded 2022$2.2Mraised▾
Technology solution for battery diagnostics and quality control. It uses AI-based Electrical Fingerprint Platform (EFP) measurement technology for the analysis of battery cells, modules, and systems, providing critical data. The CeLLife-Battery Perfected Cloud, provides access to insights and analytics, empowering the clients to make informed decisions in real-time.
- Jun 2024Seed$2.2M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Energy Tech 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.
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.