PALO ALUMNI PRESENTS
Meet some of the PALO Alumni and read what they have to say about the program.
Fluff Stuff
Fluff Stuff is a material innovation and impact design company that creates planet positive textile fillings and develops new harvesting technology. Their solution is a high performing plant-based filling material from cattail.
“Innovestor PALO Accelerator offered a great structure with clear milestones and valuable investor and customer contacts. It also had more focus on and a better understanding of sustainability than other accelerators.”
Tea Auramo and Amir Tahvonen, Co-Founders, Fluff Stuff.
ReFaMo
ReFaMo provides a unique approach to solve the issues related to fatigue structural health monitoring. Their fatigue monitoring and analytics (CFMA) system, developed from research at Lappeenranta University of Technology, offers detailed life expectancy insights and enhances understanding of structural health by analyzing the relationship between load and fatigue.
“In 2022, we joined the PALO Accelerator with goals of connecting with key corporate clients and crafting a growth strategy. The program proved transformative, giving us strategic direction and fostering connections within a supportive entrepreneurial community. Following the participation, we secured funding in 2023 and gained entry into the Business Finland Deep Tech Accelerator (DTA).”
Vesa Aaltonen, CEO & Co-founder at ReFaMo
Capalo AI
Capalo AI is a sustainable tech company that maximizes the value of flexible assets and energy storage systems across multiple markets. They combine the most accurate forecast data with cutting-edge AI models.
“Everything was organized professionally. Innovestor’s networks towards relevant investors were valuable for our business.”
Henri Taskinen and Teemu Lappalainen, Co-Founders, Capalo AI.
The Warming Surfaces
Founded just before entering the PALO Accelerator in 2022, the company quickly validated its key offerings and secured its first financing round with the help of Palo advisors and corporate networks.
“Our Halia® digital warming technology, which integrates into furniture and surfaces to provide real-time warmth, offers significant energy savings and has attracted considerable attention, especially in Central and Southern Europe. Our innovative approach led to a 2nd place among over 230 companies at the European Proptech Association’s Proptech Startup Europe Awards 2023! Today, we have a growing international clientele and have obtained additional funding to continue our expansion, so big thanks to our first VC and great Palo Accelerator!“
Jani-Mikael Kuusisto, CEO & Co-founder at Warming Surfaces Company
MEET SOME OF THE ADVISORS
Our advisors have “been there, done that ” and are here to help you succeed. Meet a few of them.
Ilkka Kaikuvuo
Co-Founder Framery, CEO, Partner Varaani Works, Board Professional, Startup enthusiast
Ilkka is a technology entrepreneur, board professional, startup business angel and ok-ish endurance enthusiast working daily with startups and growth companies. Also Co-father of Framery, Surveypal (and few other companies) and an early stage investor in 20+ companies mainly in Something-as-as-Service & smart offices. Active Chairperson & member of the board at growth companies from different industries. Interested in growth and learning new things – never forgetting strategic thinking & humane approach!
Nora Haatainen
Business executive, COO, Advisor
Nora is a growth-oriented, entrepreneurial leader with over 15 years of experience steering global businesses and brands. She has been at the forefront of innovation, founding a corporate-wide unit within a globally recognized company and served several positions as business advisor and board member within SME companies across industries. Her expertise encompasses strong business acumen, commercial go-to-market, systematic innovation and product development and circular ecosystems.
Niko Myller
Founder, Board Professional, Business executive, Researcher
Niko is a seasoned startup coach with a rich entrepreneurship and academic research background. After completing his PhD, Niko founded SN4 International Ltd, a company he led for over a decade before successfully selling it to Bisnode, a leading European data and analytics firm, in 2015. Besides his entrepreneurial and leadership successes, Niko is also an accomplished academic with over 50 publications in diverse scientific fields. His broad experience forms a strong basis for advising PALO companies, guiding them through complex challenges toward sustainable success.
CORPORATES
Examples of corporations that are in the PALO ecosystem.
Neste
Metsä Group
Walki
Valtra
Oulun Energia
Fortum
Kiilto
Remeo
Oomi Energia
Cargotec
Kemira
Polar
Paulig
Helvar
Alva
ABOUT INNOVESTOR
We want to make a positive impact by supporting and growing businesses that change the world for the better. We call it making good money.
Innovestor is one of the most active venture capital investors in the Nordics and the only VC in Finland with a built-in accelerator as a value-creating model. The firm currently manages six VC funds with total capital of 250M. Consisting of almost 100 growth companies, it represents one of the largest private venture-backed portfolios in the Nordics.
Some examples of our sustainable investments combined with excellent growth:
REACH OUT
