Finnish Climate Fund helps combat climate change, increase low-carbon industry and promote digitalization
Business Model:
Revenue: $0
Employees: 0-0
Address: Porkkalankatu 1
City: Helsinki
State: southern finland
Zip: 00180
Country: FI
Finnish Climate Fund is a special-purpose company owned by the state, whose activities focus on combating climate change, accelerating the low-carbon industry, and promoting digitalization. The Climate Fund’s primary investment targets are industrial scale-ups of climate solutions: the first verification of new technology and/or its business model at an industrial or commercial scale. The other investment category of the Climate Fund includes physical or digital platforms enabling emissions reductions. During its launching phase, the Climate Fund can provide capital loans or use special investment funds and other special funding instruments. The company will not award direct grants or subsidies. Depending on the financing category and target, the financing by the Climate Fund can vary between 1 and 20 million euros. The annual financing volume is approximately 80 million euros.
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Announced Date | Company | Transaction | Money Raised |
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5/2021 | Elstor | Debt Financing | - |
11/2021 | Betolar | Debt Financing | 7.9M |
6/2022 | Aeromon | Debt Financing | 2.5M |
12/2021 | Joensuu Biocoal | Debt Financing | - |
4/2021 | Solar Foods | Debt Financing | 12M |
6/2022 | Finn Recycling | Debt Financing | - |
12/2021 | P2X Solutions | Debt Financing | - |
2/2022 | QHeat | Debt Financing | - |
3/2023 | Norsepower Oy | Series C | 0 |
5/2022 | Taaleri Bioindustry | Venture Round | - |
12/2021 | Aurelia Turbines | Debt Financing | - |
2/2023 | Infrakit | Convertible Note | 6.4M |
6/2022 | DataSpace Europe | Debt Financing | - |
6/2022 | Aeromon | Debt Financing | 0 |
11/2021 | Betolar | Debt Financing | 0 |
4/2021 | Solar Foods | Debt Financing | 0 |
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