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
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
Helsinki, 00510
FI
Phone
Website
Email Address
Overview
The Cactos smart energy storage system secures critical power supply locally and allows for efficient utilisation of renewable energy globally.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Oskari Jaakkola
Chief Marketing Officer
Olli Nuutila
Chief Operating Officer
Veli-Erkki Ruotsalainen
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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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