Vantaa Energy
Assembly Line
Myrspoven Secured EUR 5.4 Million Investment
Myrspoven, a leading AI software company operating within building optimization, running +3,500,000 square meters across 8 countries and saves on average 20% of a building’s energy, announced today the successful completion of a EUR 5.4 million equity funding round. The investment was led by prominent investors 4impact capital, Vantaa Energy, and existing investor AMAVI Capital.
This capital infusion strategically propels Myrspoven to expand its solutions across Europe and beyond, in line with their channel partner strategy. The company’s dedication to sustainability and transforming buildings into dynamic players in the modern energy system aligns perfectly with the vision of the investors, fostering a partnership aimed at driving innovation and creating lasting value in real estate. With a track record of delivering energy and cost savings, an impressive tech stack, and a future-proof platform, Myrspoven has gained investor confidence for its potential to lead and disrupt the real estate sector.
Carbonaide raises EUR 1.8 million to make manufacturing concrete carbon negative
This VTT spin-out uses industrial side streams and carbon dioxide (CO2) capture, utilization and storage technology to manufacture carbon-negative concrete – Carbonaide now aims to disrupt the USD 130 billion/year global market of precast concrete.
Carbonaide, a spin-out company from VTT Technical Research Centre of Finland that enables the manufacturing of carbon-negative concrete, has raised EUR 1.8 million in seed funding led by Lakan Betoni and Vantaa Energy. The round was completed with public loans and in-kind contributions from Business Finland and other Finnish concrete companies and strategic investors.
The company will use the funding to integrate its CO2 curing technology into an automated production line of precast concrete factory in Hollola, Finland. With its factory-sized pilot unit and fully operational value chain, Carbonaide can mineralize up to five tons of CO2 per day and increase production by 100-fold of its carbon-negative concrete products.