PALO ALUMNI PRESENTS
Meet some of the PALO 2022 companies and read what they have to say about the last year’s 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.
” Great structure with clear milestones and valuable investor and customer contacts. More focus on and understanding for sustainability than in other accelerators.”
Tea Auramo and Amir Tahvonen, Co-Founders, Fluff Stuff.

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. We gained a lot from Product-Market Fit sparring as well as the knowledge on how to succeed in raising funding. Innovestor’s networks towards relevant corporations and investors were super valuable for our business.”
Henri Taskinen and Teemu Lappalainen, Co-Founders, Capalo AI.

Warming Surfaces
Warming Surfaces is rethinking how we’re heating by bringing to market an ultra-fast, ultra-thin, and light weight digital heater technology that turns surfaces in living environments into smart, warming surfaces.
”I was skeptical at first, but during the first meeting, I realized PALO was something different. It was love at first sight with Innovestor, and after the program, we are still in love. Having a VC on board from the beginning makes everything more serious and gets you in front of other investors and corporate contacts that you would not easily connect with without the program. The VC element also makes seeking future funding easier.”
Jani-Mikael Kuusisto, Co-Founder, The Warming Surfaces Company.

Blokgarden
Blokgarden aims to enable sustainable food production in urban environments by offering an app supported rental garden box. While providing the garden box is more of a local service, the Blokgarden app is globally scalable and teaching people how to grow their food sustainable.
“An effective accelerator program that creates credibility for the startup and takes the business to the next level. The program connects you directly with customers and investors. I couldn’t really think of how we could have been better supported.”
Tuomas Ilander, Co-Founder, Blokgarden.
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
Startup journey is a bumpy road. It’s worth learning from the mistakes of others and make new ones yourself. I am excited to share my own experiences to support your teams future story!

Piia Maaranen
Partner, Innovestor Corporate Venturing, ex-CEO Plantui, ex-CEO Avanto Ventures, ex-COO Yogaia, Board professional
Building a startup is a speedy ride of seeking a perfect product-market fit. I love coaching early-stage and bringing my +15 years of experience to the table.

Aki Soudunsaari
Co-Founder Naava, Startup scientist, Serial Founder, Board professional
Corporate cooperation creates huge opportunities for participants in the PALO program. It’s a whole different thing to start taking an idea further having already found the right people and resources to help you.
CORPORATES
Examples of corporations that are in the PALO ecosystem.
Neste
Metsä Group
Walki
Valtra
Oulun Energia
Fortum
Kiilto
Remeo
Oomi Energia
Cargotec
Kemira
Telia Company
Paulig
Helvar
Alva
Interested in PALO 2024?
Applications for Innovestor PALO 2023 are now closed. Sign up to get notified when we open up a new program in 2024.
See the program terms in Q&A section.
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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 four VC funds with total capital of 220M. 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:
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