Adven

Vantaa, Finland Founded: 2012 • Age: 14 yrs
Energy efficiency and biofuel-based heating solutions are offered.
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About Adven

Adven is a company based in Vantaa (Finland) founded in 2012.. Adven has completed 4 acquisitions, including Cesis, Energijas Risinajumi and Enycon. Adven offers products and services including District Heating and Energy as a Service.

  • Headquarter Vantaa, Finland
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Adven
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $481.25 K (USD), Grant

    Oct 01, 2019

  • Investors
    EQT

    & 3 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Cesis

    & 3 more

  • Acquired by

    & 1 more

    (Sep 18, 2020)

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Products & Services of Adven

Adven offers a comprehensive portfolio of products and services, including District Heating and Energy as a Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

District heating is provided as a reliable and efficient solution for housing and premises, utilizing networks in Nordic and Baltic countries

Energy as a Service is delivered through long-term partnerships that include energy efficiency and production tailored for industrial and real estate needs

Funding Insights of Adven

  • Total Funding
  • Total Rounds 2
  • Last Round Grant — $481,255
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2019 Amount Grant - Adven Valuation

investors

Jan, 2012 Amount Seed - Adven Valuation EQT
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Adven

Adven has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include EQT, AMP Capital and European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
EQT is recognized as a global investment organization focused on value creation.
Founded Year Domain Location
Infrastructure investments are managed by Infracapital across Europe.
Founded Year Domain Location
Private equity fund focused on investments in real estate and infrastructure sectors
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Adven

Adven has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Cesis, Energijas Risinajumi and Enycon. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Limited information available
2010
Electricity and fiber optic services are provided in Sweden.
1922
E-services portal services are provided by Cesis in Latvia.
0
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Adven

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Adven Comparisons

Employees
+
Add Comparison
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Competitors of Adven

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Adven

Frequently Asked Questions about Adven

When was Adven founded?

Adven was founded in 2012.

Where is Adven located?

Adven is headquartered in Vantaa, Finland.

What does Adven do?

Adven was founded in 2012 and is headquartered in Vantaa, Finland. Operations in the energy sector focus on producing steam, heat, and cooling for industrial processes and communities. District heating systems powered by bioenergy are utilized. Energy-as-a-service models include audits, cost-benefit analyses, and maintenance to support efficiency. Services extend to both commercial and residential applications across Finland.

What products or services does Adven offer?

Adven offers District Heating and Energy as a Service.

How many acquisitions has Adven made?

Adven has made 4 acquisitions, including Cesis, Energijas Risinajumi, and Enycon.

Who are Adven's investors?

Adven has 4 investors. Key investors include EQT, AMP Capital, European Union, and Infracapital.

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