Client case

Client: Syklo (part of Oulun Energia)
Industry: Circular economy
Website: www.syklo.fi & www.syklogroup.com

Objective:

Syklo has ambitious growth goals to be partly achieved through investments and acquisitions.

Goals with Innovestor:

  • Produce relevant startup market data
  • Identify startups interested in collaboration
  • Support execution of M&A actions with selected startups

Innovestor services:

  • Startup Scouting
  • Advisory services for startup collaboration

Results:

  • Executed multiple startup collaboration discussions
  • Gained a strong understanding of the existing startup market and Syklo’s opportunities within it
  • Status as of August 2024: Startup acquired (details not published)

Client testimonial:

“We at Syklo, plan to invest heavily in new circular economy solutions and the growth of the entire sector. We are actively seeking partners and new skills, both in Finland and internationally. In this work, Innovestor has acted as a startup scouting partner and an advisor for startup collaboration. Their input has been prominent in our ability to build measurable business results with startups.”

— Teemu Koskela, CEO, Syklo