About Moventas
Moventas is an Energy & Utilities company based in Jyvaskyla (Finland) founded in 2005, and was acquired by Flender in February 2022. Repair and maintenance services for wind turbine gearboxes are provided. Its chief executive, as recorded, is Arto Lahtela. Its focus areas include Energy, Wind Energy, Service Providers and O&M.
Company details
Moventas was founded in 2005 in Jyvaskyla, Finland, within the wind energy sector. Repair and operation maintenance services for various wind turbine gearboxes are offered, including problem evaluation, analysis, reverse-engineering, upgrading, and spare parts supply. Assembly units have been established in Finland and the UK, with products distributed across North America, Europe, and Asia Pacific.
- Headquarters Jyvaskyla, Finland
- Stage Acquired
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website moventas.com
- Social LinkedIn X Facebook
- Acquired by IK Partners (Mar 2007)
Funding Insights of Moventas
- Total Rounds 1
- Last Round Grant — $783,868
- First Round $783,868
(Jan 2020)
- Investors Count 1
All 1 funding rounds of Moventas with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2020 | $783,868 | Grant | – | – |
3 investors in total: 3 institutional.
Investors in Moventas
Moventas has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Flender, European Union and IK Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are directed toward small and medium-sized businesses. | 1989 | ikpartners.com | Amsterdam, Netherlands | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Industrial gears and couplings are manufactured for diverse sectors. | 1899 | flender.com | Bocholt, Germany |
Investor details for Moventas
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People of Moventas
36 people are tracked at Moventas (7 in leadership, 29 in team).
| Name | Role | Group |
|---|---|---|
Arto Lahtela | CEO | Leadership |
Toikkanen Jari | Vice President RTD | Leadership |
Steve Casey | General Manager North America | Leadership |
Raine Lonnakko | Chief Structural Analyst | Leadership |
Ville Pakarinen | Chief Mechanical Engineer | Leadership |
Jordon Barker | General Manager | Leadership |
Marko Hantula | Head Of Service | Leadership |
Tommi Rankinen | Logistician | Team |
Teemu Kukkola | Team Leader, Modelling And Simulation | Team |
Jon Smith | Design Engineer | Team |
Tanya Johnson | Operations Customer Support Moventas Gears Flender Corp | Team |
Marko V. | Condition Monitoring Engineer | Team |
Mathew Higgins | Field Service Technician | Team |
Jari Matinaho | Quality Engineer | Team |
Johanna A. | Product Quality Engineer | Team |
Bettina Rau | Service Verkauf | Team |
Matteo Venditti | Field Service Technician | Team |
Kimmo Kuorelahti | Production Developer | Team |
Jaakko Hakamaa | Design Engineer | Team |
Artem Dymov | Structural Analyst | Team |
16 more people are available in the full profile.
Complete people profiles for Moventas
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Timeline of Moventas
4 dated milestones of Moventas across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Moventas is founded.
- Exit Acquired by IK Partners.
- Funding First funding round of $784K.
- Exit Acquired by Flender.
Web traffic of Moventas
Websites that share an audience with Moventas (moventas.com).
Websites whose visitors overlap most with Moventas. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| panchabuta.com | 100% | View details | |||
riten.com | riten.com | 61% | #3,699,790 | – | |
agma.org | agma.org | 61% | – | ||
| morganadvancedmaterials.com | 61% | 18.5K | #1,380,205 | View details | |
| abb.com | 60% | #16,818 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for Moventas
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- 7 similar websites
- Audience overlap
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Related news about Moventas
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Frequently Asked Questions about Moventas
Moventas was founded in 2005 and raised its 1st funding round 15 years after it was founded.
Moventas is headquartered in Jyvaskyla, Finland.
Arto Lahtela is the CEO of Moventas, as recorded in our data.
Moventas was founded in 2005 in Jyvaskyla, Finland, within the wind energy sector. Repair and operation maintenance services for various wind turbine gearboxes are offered, including problem evaluation, analysis, reverse-engineering, upgrading, and spare parts supply. Assembly units have been established in Finland and the UK, with products distributed across North America, Europe, and Asia Pacific.
Moventas has 3 investors. Key investors include Flender, European Union, and IK Partners.
Yes. Moventas was acquired by IK Partners in March 2007.