Client case
Client: Vantaa Energy
Industry: Energy and circular economy
Website: Vantaa Energy
Objective:
Vantaa Energy, a growing circular-economy energy company, aims to eliminate fossil fuels by 2026 and achieve carbon negativity by 2030. They invest in carbon-negative energy solutions and climate change mitigation.
Goals with Innovestor:
- Produce relevant startup market data
- Identify startups interested in collaboration
- Support M&A and investment actions with selected startups
- Develop a startup collaboration model for Vantaa Energy
Innovestor services:
- Ongoing venturing partner for Vantaa Energy’s startup initiatives
- Startup scouting
- Advisory services for startup collaboration
Results:
Created and launched a systematic startup collaboration model for Vantaa Energy
- Gained a strong understanding of the startup market and Vantaa Energy’s potential within it
- Executed multiple startup collaboration discussions
- Status as of August 2024:
- Investment in Swedish startup Myrspoven (February 2024) – Case description
- Joint venture Valvea Oy launched (August 2024) – Press release
Client testimonial:
” Startup collaboration is pivotal for companies like ours to stay at the forefront of innovation. It allows us to access and invest into groundbreaking technologies and entrepreneurial talent, enhancing our competitive edge. Innovestor successfully facilitated a partnership between Myrspoven, a pioneering AI software company in building optimization, and Vantaa Energy. Cooperation with Innovestor was smooth and result orientated”
– Matti Wallin, Business Director, Energy Service Business at Vantaa Energy