About Elenia
Elenia is a company based in Tampere (Finland) founded in 2012 was acquired by Elisa in December 2023.. Elenia has raised $84.21 million across 4 funding rounds from investors including Elisa, European Investment Bank and CapMan. Elenia offers products and services including Electricity Network Services and Solar Power Integration.
- Headquarter Tampere, Finland
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Phone
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Website
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Social
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- Legal Name Elenia Oy
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Products & Services of Elenia
Elenia offers a comprehensive portfolio of products and services, including Electricity Network Services and Solar Power Integration. 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.
Maintenance and construction of electrical grids are performed to ensure reliable power supply and handle outages effectively
Integration of solar power into the electrical network is facilitated to support renewable energy adoption
Funding Insights of Elenia
Elenia has successfully raised a total of $84.21M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $171.61 thousand completed in October 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $171,612
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First Round
First Round
(02 May 2018)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2020 | Amount | Grant - Elenia | Valuation |
investors |
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| Apr, 2020 | Amount | Debt – Conventional - Elenia | Valuation |
investors |
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| Jan, 2019 | Amount | Grant - Elenia | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Elenia
Elenia has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Elisa, European Investment Bank and CapMan. 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.
| Investor | Description | Founded Year | Domain | Location |
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Finance and advisory services for infrastructure projects are provided.
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Founded Year | Domain | Location | |
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Diversified investment management firm
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Founded Year | Domain | Location | |
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Asset management services focusing on infrastructure, real assets, and investments globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Elenia
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Elenia
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Elenia Comparisons
Competitors of Elenia
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Elenia
When was Elenia founded?
Elenia was founded in 2012 and raised its 1st funding round 6 years after it was founded.
Where is Elenia located?
Elenia is headquartered in Tampere, Finland.
Who is the current CEO of Elenia?
Tapani Liuhala is the current CEO of Elenia.
Is Elenia a funded company?
Elenia is a funded company, having raised a total of $84.21M across 4 funding rounds to date.
What does Elenia do?
Elenia was founded in 2012 and is headquartered in Tampere, Finland. Operations focus on the electricity distribution sector, where grids are maintained and developed to support reliable power supply. A range of energy-related services is offered to customers, encompassing distribution technologies and solutions. Emphasis is placed on sustainable practices and operational efficiency within the Finnish energy market.
What products or services does Elenia offer?
Elenia offers Electricity Network Services and Solar Power Integration.
Who are Elenia's investors?
Elenia has 9 investors. Key investors include Elisa, European Investment Bank, CapMan, European Union, and 3i Infrastructure.