Aurelia Turbines

Aurelia Turbines manufacturers the most efficient small gas turbines in the world.

Business Model:

Revenue: $5M

Employees: 11-50

Detailed Aurelia Turbines Information

Geographic Data

Aurelia Turbines  headquarters map

Address: Hoylakatu 1

City: Lappeenranta

State: other

Zip: 53500

Country: FI

Financial Info

Stage:

series unknown

Raised Last:

$5M

Raised Total:

$5M

Metrics

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0Website Monthly Traffic

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Description

Aurelia Turbines have successfully commercialised technology developed in Lappeenranta University of Technology, Finland. The pedigree of this technology has been established over 30 years of Research and Development in high speed technology and fluid dynamics. The company has extensive immaterial rights on the core technology and continue to develop a portfolio of IP protection around the product and its application. The strategy of the Aurelia team from the outset, has been to have a world class product with high reliability and high efficiency achieved with modular components. To this end Aurelia will retain the core expertise and are employing industrial, world-class partners to ensure component scalability and ease of integration into Aurelia’s own technology. Company is financed by the Finnish investors, such as Greencampus Innovations Oy, Capillary Oy and Cleantech Invest Oyj to name a few. Aurelia was one of the first companies in Europe to receive financing from the EU H2020 – program and has also received funding from different financing bodies owned by the local authorities and / or Finnish government.

Contact Phone:

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Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
1/2014 Seed Round 1 - Green Campus Innovations Oy
Green Campus Innovations Oy
7/2015 Venture Round 1 - Loudspring
Loudspring
3/2018 Venture Round $0 First Imagine! Ventures
First Imagine! Ventures
12/2021 Debt $5.7M Finnish Climate Fund
12/2021 Debt Financing 1 - Finnish Climate Fund
Finnish Climate Fund
2/2014 Venture Round 2 - Loudspring
LUT University
Loudspring
LUT University
10/2014 Grant 1 $63.1k EASME - EU Executive Agency for SMEs
EASME - EU Executive Agency for SMEs
3/2018 Venture Round 1 $4.5M First Imagine! Ventures
First Imagine! Ventures
7/2015 Venture Round 1 - Loudspring
Loudspring
10/2014 Grant 1 $63.1k EASME - EU Executive Agency for SMEs
EASME - EU Executive Agency for SMEs
2/2014 Venture Round 2 - Loudspring
LUT University
Loudspring
LUT University
1/2014 Seed Round 1 - Green Campus Innovations Oy
Green Campus Innovations Oy
Announced Date Name Price

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