Only a few weeks ago, Innovestor PALO 2023 program kicked off, and we have already received an impressive number ofapplications. We couldn’t be happier with such a great start. In case you haven’t submitted your application yet, do it as soon as possible. Application period for the program ends on 4.6.
This week, we’re thrilled to introduce you to Capalo AI as a part of our PALO 2022 Alumni series. Capalo AI is a sustainable tech company that maximizes the value of flexible assets and energy storage systems across multiple markets. Their innovative solution is to combine the most accurate forecast data with cutting-edge AI models.
We had the opportunity to sit down with Henri Taskinen and Teemu Lappalainen, the co-founders of Capalo AI, to learn more about their PALO experience and hear why they chose to participate in this program.
Reflecting on their time in the Innovestor PALO 2022 program, Henri and Teemu expressed their satisfaction with the match between PALO’s sustainability themes and their company’s mission. They were particularly impressed with the professionalism and organization of the program, which provided them with invaluable insights into achieving product-market fit and navigating the funding landscape. Moreover, the access to Innovestor’s extensive networks proved to be a game-changer for Capalo AI.
After the PALO program, Capalo AI has experienced rapid growth, doubling the size of its team with seven new hires. They have focused on product development, particularly in energy storage and wind power.
“Due to the volatility of the energy market, timing for our product has been perfect. At the moment, everyone is looking for better optimization, and thus, there has been a high demand for our product in both, domestic and international markets.”Henri Taskinen, the CEO of Capalo AI
The PALO journey hasn’t only offered Capalo AI the tools to thrive in the competitive landscape but also provided them with a supportive network.
“The cooperation with Innovestor has continued closely after the program and we have enjoyed the Innovestor team’s help and guidance for our company”, comments Henri Taskinen, the CEO of Capalo AI.
We can’t wait to see what the future holds for this innovative company! To learn more about the PALO program and apply, please visit our website: https://innovestorgroup.com/palo/