About Visedo Oy
Visedo Oy is a Transportation, Automotive & Logistics company based in Lappeenranta (Finland) founded in 2009, and was acquired by Danfoss in November 2017. Electric drivetrains are developed for heavy-duty vehicles and marine applications. Visedo Oy has raised $24.4 million across 4 funding rounds from investors including Danfoss, European Investment Bank and LähiTapiola. Its focus areas include Energy Tech, Electric Vehicles, Components and Powertrain Systems.
Company details
Visedo Oy was founded in 2009 and is based in Lappeenranta, Finland. Electrical drive trains are developed, manufactured, and delivered by the company for heavy mobile work machines, marine vessels, and buses. These systems are designed for hybrid electric and fully electric vehicles in demanding environments. Fuel savings, reduced emissions, and lower noise levels are achieved through the technology employed.
- Headquarters Lappeenranta, Finland
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Website visedo.com
- Social LinkedIn
- Acquired by Danfoss (Nov 2017)
Funding Insights of Visedo Oy
Visedo Oy has successfully raised a total of $24.4M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $5.21 million completed in December 2016. 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 $24.4M
- Total Rounds 4
- Last Round Debt – Conventional — $5.21M
- First Round $3.28M
(Mar 2010)
- Investors Count 11
All 4 funding rounds of Visedo Oy 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 |
|---|---|---|---|---|---|
| Dec 2016 | $15.62M | Series B | – | Emerald Technology Ventures | |
| Dec 2016 | $5.21M | Debt – Conventional | – | – | |
| Dec 2013 | $5.5M | Series A | – | Tesi | |
| Mar 2010 | $3.28M | Series A | – | VNT Management, SEMIKRON | – |
12 investors in total: 12 institutional.
Investors in Visedo Oy
Visedo Oy has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Danfoss, European Investment Bank and LähiTapiola.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sustainable industrial innovation is supported through venture capital investments. | emerald.vc | Zurich, Switzerland | ||
Private equity investment firm | tesi.fi | Helsinki, Finland | ||
VNT Management is engaged in venture capital for sustainable innovation. | 2003 | vntm.com | Tampere, Finland | |
| greencampusinnovations.fi | ||||
Finance and advisory services for infrastructure projects are provided. | 1958 | eib.org | Luxembourg, Luxembourg | |
Runs a direct-to-consumer brand for surface care products. | 1989 | sinituote.fi | Hyvinkaa, Finland | |
Industrial components and solutions are distributed by Suffice Industrial Technology. | suffice-group.com | Hong Kong, Hong Kong | ||
Provides pension insurance and support for Finnish entrepreneurs and employers. | 1961 | ilmarinen.fi | Helsinki, Finland | |
Diversified insurance services are offered across Finland. | 1982 | lahitapiola.fi | Espoo, Finland | |
Develops power modules and semiconductors for e-mobility, energy efficiency, and industrial solutions. | 1951 | semikron.com | Nuremberg, Germany |
Investor details for Visedo Oy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Visedo Oy
4 dated milestones of Visedo Oy across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Visedo Oy is founded.
- Funding First funding round of $3.3M.
- Funding Latest funding round, Debt – Conventional, of $5.2M.
- Exit Acquired by Danfoss.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Visedo Oy
Complete news archive for Visedo Oy
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Visedo Oy
Visedo Oy was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Visedo Oy is headquartered in Lappeenranta, Finland. It is registered at Lappeenranta, Etela-karjala, Finland.
Visedo Oy is a funded company, having raised a total of $24.4M across 4 funding rounds to date. The company's 1st funding round was a Series A of $3.28M, raised on Mar 2010.
Visedo Oy was founded in 2009 and is based in Lappeenranta, Finland. Electrical drive trains are developed, manufactured, and delivered by the company for heavy mobile work machines, marine vessels, and buses. These systems are designed for hybrid electric and fully electric vehicles in demanding environments. Fuel savings, reduced emissions, and lower noise levels are achieved through the technology employed.
Visedo Oy has 12 investors. Key investors include Danfoss, European Investment Bank, LähiTapiola, Axco Motors, and Emerald Technology Ventures.
Yes. Visedo Oy was acquired by Danfoss in November 2017.