Top 11 Green Energy startups in Finland

Jul 06, 2024 | By Alexander Gillet

1
Funding: €35M
Hycamite specializes in industry decarbonization through its proprietary methane pyrolysis technology, offering industrial clients low-carbon hydrogen and sustainable carbon products. Through thermo-catalytic decomposition of methane, they enable carbon-neutral and even carbon-negative hydrogen production.
2
Funding: $30.5M
AW-Energy develops WaveRoller - a fully submerged wave energy converter which utilizes wave surge phenomenon. This commonplace effect is observed in near-shore waters where the circular motion of water particles present in open sea waves changes into elliptical circulation due to more shallow bottom.
3
Funding: €28.5M
Cactos develops distributed energy storage systems based on recycled EV batteries. The energy storage units are made from re-used Tesla EV batteries, making them one of the market’s most environmentally friendly energy storage units.
4
Leanheat aims to use artificial intelligence to improve climate control in multi-family buildings.
5
Funding: €8.1M
Polar Night Energy is a startup that designs and builds heat storages for renewable energy.
6
Funding: €5.8M
BroadBit Batteries is developing revolutionary new batteries using novel sodium-based chemistries to power the future green economy.
7
Funding: $2.7M
Teraloop is developing a breakthrough in utility scale storage to unlock the integration of renewable energy.
8
Funding: $2.4M
Geyser Batteries offers high-power heavy-duty energy storage solutions based on novel proprietary water-based electrolyte and unique engineering and manufacturing know-how.
9
Funding: $125K
Kapacity.io service connects remotely to buildings through building management systems to adjust HVAC energy consumption in real time using AI machine learning to optimize and find the best ways to consume electricity.
10
Funding: €800K
Synergi is on a mission to make electricity consumption smart and controllable for households, giving Europeans more power over their energy bills and emission output and balancing the electricity grid. 
11
Funding: €500K
Capalo AI offers a state-of-the-art Artificial Intelligence platform for the energy industry.
Editor: Alexander Gillet
Alexander Gillet is a senior editor for EnergyStartups. He has a deep background in energy sector and startups. Alexander graduated from Emlyon Business School, a leading French business school specialized in entrepreneurship. He has helped several non-profit organizations dedicated to promoting environmental education and sustainability and has written over 250 articles on energy technology for various websites. In his free time, Alexander enjoys yoga, camping and exploring the Blue Ridge Mountains. You can contact Alexander at alexgillet(at)energystartups(dot)com