Tech Company Financing Transactions
Steady Energy Funding Round
Steady Energy, operating out of Espoo, secured $2 million in investment from Lifeline Ventures, VTT and Yes VC.
Transaction Overview
Company Name
Announced On
6/27/2023
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to for research and development work to demonstrate the functionality of the plant by building a 1:1 scale mockup powered by electric heat.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
Undisclosed
Espoo, Undisclosed
FI
Espoo, Undisclosed
FI
Phone
Undisclosed
Website
Email Address
Overview
We are on a mission to redefine the energy landscape, drive the nuclear industry forward, and empower societies to embrace a sustainable future. At Steady Energy, we combine the efficiency of the manufacturing industry with our innovative nuclear engineering solutions to introduce zero-emission heating plants to the market by 2030. At the core of our solution lies the LDR-50 nuclear reactor, which operates at low temperatures and pressures. This groundbreaking technology ensures investable, safe, and emission-free heat production.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tommi Nyman
Chief Technical Officer
Hannes Haapalahti
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