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Tuesday, March 19, 2024

Finnish cleantech startup raises €250K pre-seed to revolutionise the conversion of kinetic fluid and gas energy to electrical energy

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Lahti-based startup Ori Solution Oy has collected €250K in a pre-seed round. Ori Solution is innovating and developing induction-based flow-to-electrical energy technology. Ori Solution successfully closed its third pre-seed fundraising round in July 2022. The Finland-based clean energy company was founded in 2019 upon a state-of-the-art energy conversion innovation. The company has secured one patent and has two patents pending. The latest capital injection will feed the development of its technology.

Ori Solution Clean Energy Company Raises €250k Pre-Seed Funding

Ori Solution Oy, a Finnish cleantech company focusing on flow-to-electrical clean energy technology for wind, hydro, and waste flow environment, today announced successfully closing a €250k Pre-Seed round. The investment will enable Ori Solution to further develop and validate its patented technology.

The investment comes amid rapid market growth. The global renewable energy market is projected to reach $1,998.03 billion by 2030, growing at a CAGR of 8.6% from 2022 to 2030 according to Precedence Research.

“We have never been in a more urgent need for clean and efficient energy solutions than now. This funding enables us to secure our breakthrough technology IPRs and initiate the validation of our technology. We are eager to speed up the doing. We are here t contribute to solving our common challenges,” said Mr. Joakim Berndtsson, CEO and Co-Founder.

Click here to read more funding news.

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Nurcin Metingil
Nurcin Metingil
A permanent student, a passionate first reader and nowadays doing master’s degree in Publishing Management. Beside these, I am up for games! I have been playing games since I was 6. Now, I am whispering "Business. Business. Numbers. Is this working?"

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