there corporation

The Finnish Cleantech Market In 2010

clean-tech-openRecently, we have seen increasing investor interest in the Finnish cleantech market, which closed a total of €40-50m worth of investments in Q3 including those in companies such as European Batteries, a large scale lithium ion battery manufacturer, Nokia spin-off There Corporation, a sub/smart metering technology provider, and Preseco, a waste-to-energy company. Investments in Finnish clean technologies represented around 50% of cleantech VC investments in the Nordics, which closed a total of €100m worth of investments (source: Cleantech Scandinavia). Examples of Nordic investments are  in companies like Danish biomass fuelled engine technology provides Stirling, Swedish nanowire semiconductor LED developer Glo (a link to release), Norwegian solar cell manufacturer Innotech Solar and EV company Think Global.

But will the investments in Finnish clean technologies in 2010 exceed those for 2009? We do not know the final figures for 2009 yet.  In 2008, Finnish cleantech companies posted a total of €139.5m in investments, which represented the highest proportion (37%) of total investments (€372m) in all Nordic countries.

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ArcticEvening Tampere Tomorrow

Tomorrow we’ll be having another ArcticEvening event in Tampere. The event will revolve around some interesting startup pitches and a panel with some very interesting industry heavy weights. Last week we went through our procedure to pick three companies available for pitching at the event and the chosen ones are (in random order): Tagregator, Tribe Flame and There Corporation. On the panel we’ll have Jussi Harvela, Otto Chrons and Heikki Halme.

You can read more about the event on its own page. Want to come? Sign up now, there are still some tickets available. The show will kick off around 6pm at Demola.