Tech Company Financing Transactions

Cactos Funding Round

Cactos, based in Helsinki, received $28.5 million in investment from Finnish Climate Fund, OP Financial and private investors.

Transaction Overview

Company Name
Announced On
1/11/2024
Transaction Type
Venture Equity
Amount
$28,500,000
Round
Undisclosed
Investors

Finnish Climate Fund (Lead Investor)

OP Financial (Lead Investor)

private investors (Lead Investor)

Proceeds Purpose
The company intends to use the funds to invest into smart energy storage units in an investment period of approximately two and a half years and with an expected operational period of approximately ten years.

Company Information

Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
Kuortaneenkatu 2
Helsinki, 00510
FI
Email Address
Overview
The Cactos smart energy storage system secures critical power supply locally and allows for efficient utilisation of renewable energy globally.
Profile
Cactos LinkedIn Company Profile
Social Media
Cactos Company Twitter Account
Company News
Cactos News
Facebook
Cactos on Facebook
YouTube
Cactos on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Oskari Jaakkola
  Oskari Jaakkola LinkedIn Profile  Oskari Jaakkola Twitter Account  Oskari Jaakkola News  Oskari Jaakkola on Facebook
Chief Marketing Officer
Olli Nuutila
  Olli Nuutila LinkedIn Profile  Olli Nuutila Twitter Account  Olli Nuutila News  Olli Nuutila on Facebook
Chief Operating Officer
Veli-Erkki Ruotsalainen
  Veli-Erkki Ruotsalainen LinkedIn Profile  Veli-Erkki Ruotsalainen Twitter Account  Veli-Erkki Ruotsalainen News  Veli-Erkki Ruotsalainen on Facebook


 

 

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About Our VC Transactions Data

We do our best to record tech company VC transactions. VC investment data records reported here are sourced from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 


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