About Turku Energia
Turku Energia is a company based in Turku (Finland) founded in 1898.. Turku Energia offers products and services including Louna Pörssi, Solar Panels, and Kaukolämpö. Turku Energia operates in a competitive market with competitors including SolarCity, Sunrun, SunPower, Sunnova and Vivint Solar, among others.
- Headquarter Turku, Finland
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Sectors
Energy & Utilities
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Phone
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Website
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Social
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- Legal Name Turku Energia Sähköverkot Oy
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$330.56 K (USD), Grant
Oct 01, 2020
- Investors
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Employee Count
Employee Count
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Products & Services of Turku Energia
Turku Energia offers a comprehensive portfolio of products and services, including Louna Pörssi, Solar Panels, and Kaukolämpö. 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.
Variable price electricity plan for consumer energy needs.
Home installation for sustainable power generation.
District heating system for efficient local warmth.
Funding Insights of Turku Energia
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $330,563
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First Round
First Round
(01 Feb 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2020 | Amount | Grant - Turku Energia | Valuation |
investors |
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| Feb, 2020 | Amount | Grant - Turku Energia | 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 Turku Energia
Turku Energia has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include 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.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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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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 Turku Energia
| 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 - Turku Energia
| 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 |
Turku Energia Comparisons
Competitors of Turku Energia
Turku Energia 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 SolarCity, Sunrun, SunPower, Sunnova and Vivint Solar, 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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| domain | founded_year | HQ Location |
Solar power systems are designed, financed, and installed for clients.
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Solar energy services are provided to residential customers nationwide.
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Silicon-based solar PV modules are manufactured for diverse applications.
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Solar services are provided to residential and commercial customers.
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Provider of solar installation and designing services for residential
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Power retailing company
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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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| 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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Latest news on Turku Energia
Frequently Asked Questions about Turku Energia
When was Turku Energia founded?
Turku Energia was founded in 1898 and raised its 1st funding round 122 years after it was founded.
Where is Turku Energia located?
Turku Energia is headquartered in Turku, Finland. It is registered at Turku, Varsinais-suomi, Finland.
What does Turku Energia do?
Turku Energia was founded in 1898 in Turku, Finland, and operates within the energy sector. Electricity, heat, steam, and cooling are produced as core outputs. Energy-efficient solar panels are supplied to businesses, alongside electricity contracts that incorporate renewable sources, fixed monthly pricing structures, and mechanisms to capitalize on market price variations. Activities are centered in the Finnish market.
Who are the top competitors of Turku Energia?
What products or services does Turku Energia offer?
Turku Energia offers Louna Pörssi, Solar Panels, and Kaukolämpö.
Who are Turku Energia's investors?
Turku Energia has 1 investor. Key investors include European Union.