Innovation call for startups that develop innovations in the energy sector

Innovestor’s Corporate Venturing Team matches corporations with startups and provides the tools for successful startup collaboration. We are excited to start this journey together with Vantaa Energy.  

Vantaa Energy is one of Finland’s largest urban energy companies. It produces electricity and heat, tackles challenges in the circular economy and sells energy services, ranging from easy construction to improving energy efficiency in properties. Climate change is currently the most important factor having an impact on the operating environment of Vantaa Energy. Vantaa Energy is actively seeking new, innovative solutions in the energy sector in order to ensure clean, reasonably priced and secure energy for all Vantaa Energy customers now and in the future. Vantaa Energy is now seeking startup partners for a common journey where the target of Vantaa Energy is to be a carbon sink as soon as in 2030. 

For many years, Vantaa Energy has been a forerunner in low-emission energy with a stable price, utilising the latest technology and the means of circular economy. Vantaa Energy is now taking the next step by launching corporate venturing activities for seeking innovations that will take the entire energy sector towards a new era. Vantaa Energy is investing in companies that support Vantaa Energy’s targets of being carbon negative in 2030, promote the circular economy and climate change mitigation, and increase Vantaa Energy’s business activities.  

“We are known as a forerunner in the energy sector, actively seeking innovative energy solutions. We are now looking for startup partners that develop new solutions, for example, for carbon sequestration, capture and utilisation, or for the management of waste flows, not forgetting the significance of data and analytics. We welcome you aboard our journey towards carbon negativity to ensure reasonably priced and secure energy for all our customers while tackling the challenges of the circular economy”

Matti Wallin, Business Director, Energy Service Business at Vantaa Energy.

The scouting work was launched by Innovestor at the beginning of January. In the next stage, Vantaa Energy will progress to negotiations with the most potential enterprises.  

Further information: 

Sonja Lätti, Service Manager, Innovestor Corporate Venturing, +358 50 554 7894, 

Matti Wallin, Business Director, Energy Service Business, +358 44 723 5782, 

Vantaa Energy is one of the largest urban energy companies in Finland. We produce and distribute heat and electricity, we sell cooling and heating services, and offer circular economy and energy efficiency solutions. The energy sector plays a significant role in the mitigation of climate change. We want to be part of the solution. We are a growing circular-economy energy company that invests in finding eco-friendly energy solutions. We will phase out the use of fossil fuels as quickly as possible and progress towards carbon negativity in 2030. 

Innovestor is a Finnish investment company focusing on early-stage venture capital investment. It also supports corporations in building partnerships and business plans between corporations and startups. Innovestor’s Corporate Venturing team supports Vantaa Energy in its search for innovative solutions and partnerships.