Finland is a forerunner in smart energy. Startups in this northern country are constantly finding new ways to enhance energy efficiency and drive the transition to renewable energy.
Especially in the capital Helsinki, companies and public organizations collaborate to develop new groundbreaking smart energy solutions for smart grids, energy storage, and energy-efficient buildings. They stand on a long history of ICT excellence and receive support from the largest energy ecosystem in Northern Europe as well as the government and the city.
The whole society is onboard in the move toward clean, sustainable energy. As the first country in the world, Finland distributed smart energy meters in every residential home, the energy sector makes up a significant portion of its export, and consumers eagerly adopt renewable energy and new energy efficient solutions.
From this springboard, smart energy startups in Helsinki leap to tackle climate challenges, ready to secure a slice of $2 trillion annual global investments. Read on to learn more about some of the brightest of them.
Smart energy startups in Helsinki
BroadBit is a technology company developing revolutionary new batteries using novel sodium-based chemistries to power the future green economy. broadbit.com
Convion Ltd. is a leading fuel cell system developer commercializing solid oxide fuel cell systems for distributed power generation in industrial and commercial applications. Our products are designed for premium energy efficiency, reliability and operational flexibility. Convion provides its customers with sustainable power generation solutions for power security, energy independence and unparalleled fuel economy. convion.fi
Finno Exergy’s innovation is based on using pulsed deflagration combustion compatible with existing technology, which has yielded significant results. The technology team have successfully harnessed concepts prevalent in ICE combustion and applied them to gas turbines. Effectively the technology is able to harness 80% of the benefits without any of the drawbacks associated with pulse detonation. finnoexergy.com
Fourdeg is a Service company for heating optimization. Service improves indoor comfort and saves in heating costs.
It works automatically at room-level accuracy in any size of old and new building with water-circulating radiators, including commercial, public and residential premises. fourdeg.com
Geyser Batteries Oy develops and manufactures novel high-power ultra-durable batteries capable of withstanding millions of cycles of ultra-fast (seconds) charge and discharge. This novel type of batteries is environmentally safe in production, use and disposal, and requires zero maintenance. It is fire-safe and works even at -60C. Geyser Batteries products are ideally suited for all applications where fast and efficient charging is critical, as well as the tasks where reliability and safety are your prime concerns. geyserbatteries.com
We provide a demand response service to reduce energy costs and emissions for the real estate sector. We are on a mission to create sustainable buildings for a 100% renewable society. The service controls electricity demand in buildings according to renewable electricity production, reducing the CO2-emissions of the building. The real estate sector is responsible for approximately 30% of global CO2-emissions. Finding scalable and fast solutions for decarbonising the sector is vital in the fight against climate change. kapacity.io

Dr. Sonja Salo from Kapacity.io and Herkko Plit from P2X Solutions were interviewed by Sonja Malin (Senior Business Advisor at HBH) and Miikka Neuvonen (Business Advisor at NewCo Helsinki) at Helsinki x Fukuoka Designing Better Life: Smart cities, smart energy event.
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Producer of green hydrogen and forerunner of Power-to-X technology in Finland. As a developer of an emission-free welfare society, we are a forerunner of the energy future – our vision is to produce green hydrogen and refine it further into synthetic fuels in a cost-effective manner. We will construct a 20 MW electrolyzer plant, which runs on electricity produced by renewable energy. Thus, the final product will be green hydrogen. Producing hydrogen with electrolysis is a proven technology. With the chosen plant size, we will reach substantial cost benefits. As part of the green hydrogen, we will refine further utilizing Power-to-X technology. We implement circular economy solutions and capture carbon dioxide emissions from a Finnish industrial plant. We will produce synthetic biofuel from the green hydrogen and caught carbon dioxide. p2x.fi
SpinDrive addresses 24 BEUR special bearing market problem. SpinDrive increases the energy efficiency of the industrial processes by at least 10% by providing active magnetic bearings for manufacturers. SpinDrive system is completely maintenance-free, which reduces the overall equipment maintenance costs by 80%. We eliminate the need for oil lubrication, which provides manufacturers an opportunity to enter new markets. Our built-in sensors enable condition monitoring from day 1. spindrive.fi
Tanktwo is a Finnish–American startup dedicated to drastically improving EV performance through the application of established principles from other industries within battery technology. Here at Tanktwo, we draw inspiration from mobile networks, internet routing protocols, and consumer electronics industries, and utilise data-driven methods in ensuring that our batteries perform at a significantly higher level of efficiency.
Despite decades of billion-dollar investments in the development of improved battery technology, EV drivers and engineers alike are far from satisfied with current battery performance. Rather than attempt to force breakthroughs in electrochemistry, Tanktwo searches for inspiration and innovative solutions in seemingly unrelated industries. tanktwo.com
Teraloop is a grid-scale energy storage system that can sustainably service niche markets difficult to address for current technologies. Our system operates in synergy with renewable generation assets, balancing the natural variation of supply and demand. By enabling a fully renewable electricity generation system, it can safeguard the World’s resources for future generations. teraloop.org
VIRTA offers a complete turnkey solution for managing electric vehicle charging services of any scale. Our future-proof solutions enable professional charging networks to offer a world-class end user experience to their customers. We also help real estates and other businesses stand out by providing them with a comprehensive EV charging service package. virta.global