About Eniram
Eniram is a company based in Helsinki (Finland) founded in 2005 was acquired by Wartsila in June 2016.. Eniram has raised $6.5 million across 2 funding rounds from investors including Wartsila, Conor and Tesi. Eniram offers products and services including Engines and Generating Sets, Propulsors and Gears, Electric Shipping and Hybrid Ships, Fleet Optimisation, and Simulation and Training. Eniram operates in a competitive market with competitors including STAX, Smart Green Shipping, Ascenz, Explicit and Yara Marine, among others.
- Headquarter Helsinki, Finland
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Sectors
Transportation, Automotive & LogisticsTechnology Environment
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Products & Services of Eniram
Eniram offers a comprehensive portfolio of products and services, including Engines and Generating Sets, Propulsors and Gears, Electric Shipping and Hybrid Ships, Fleet Optimisation, and Simulation and Training. 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.
Engines for marine applications to improve efficiency and reduce fuel use.
Gears, propellers, and thrusters for enhanced vessel performance.
Electrical systems enabling marine emission reductions.
Data analysis tools for voyage planning and performance management.
Next-generation tools for maritime operation preparation.
Funding Insights of Eniram
Eniram has successfully raised a total of $6.5M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $6.5 million completed in December 2008. 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 2
- Last Round Series B — $6.5M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2008 | Amount | Series B - Eniram | Valuation |
investors |
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| Mar, 2008 | Amount | Series A - Eniram | Valuation |
investors |
| 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 |
Investors in Eniram
Eniram has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Wartsila, Conor and Tesi. 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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Private equity investment firm
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Venture capital is directed by Ferd toward impact investing goals.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Eniram
| 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 - Eniram
| 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 |
Eniram Comparisons
Competitors of Eniram
Eniram operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as STAX, Smart Green Shipping, Ascenz, Explicit and Yara Marine, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Emission control systems for maritime vessels are provided.
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Auxiliary sails for ship propulsion systems are developed.
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Fuel monitoring systems are supplied for the shipping sector.
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Maritime emissions are monitored through microsensor technology and data systems.
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| domain | founded_year | HQ Location |
Emission control systems for the maritime sector are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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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Latest news on Eniram
Frequently Asked Questions about Eniram
When was Eniram founded?
Eniram was founded in 2005 and raised its 1st funding round 3 years after it was founded.
Where is Eniram located?
Eniram is headquartered in Helsinki, Finland.
Is Eniram a funded company?
Eniram is a funded company, having raised a total of $6.5M across 2 funding rounds to date.
What does Eniram do?
Eniram focuses on maritime industry to save fuel, emissions and money. Eniram system is installed on-board, where it collects and analyses data for immediate optimization of the vessel like lowering the bow and being able to drive faster and using less fuel. Their solutions are used by small and large shipping companies on ships ranging from cruise liners, tankers, container ships, bulkers and ferries. Eniram is headquartered at Finland and has subsidiaries in the UK, Germany, the USA and Singapore.
Who are the top competitors of Eniram?
Eniram's top competitors include Smart Green Shipping, STAX and Explicit.
What products or services does Eniram offer?
Eniram offers Engines and Generating Sets, Propulsors and Gears, Electric Shipping and Hybrid Ships, Fleet Optimisation, and Simulation and Training.
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