What is Naava?
Founded in 2011, Naava is dedicated to reconnecting people with nature through its innovative smart active green walls. The company's technology mimics natural forest air purification, enhancing indoor environments with fresh, clean air. Operating across Finland, Sweden, and the USA, Naava has installed over 1,000 green walls in various settings. Its products merge natural principles with advanced technology and Scandinavian design, emphasizing a commitment to well-being and sustainable living.
How much funding has Naava raised?
Naava has raised a total of $11.4M across 2 funding rounds:
Private Equity
$3.6M
Unspecified
$7.8M
Private Equity (2017): $3.6M with participation from Delos, Jasper Paakkonen, Sitra, Halton, Jaakko Ollila, Hannu Turunen, Butterfly Ventures, and Leena Niemisto
Unspecified (2022): $7.8M led by Butterfly Ventures, Nidoco AB, Mika Ihamuotila, and Tesi
Key Investors in Naava
Butterfly Ventures
Butterfly Ventures is a seed-stage focused VC in the Nordics, investing in deep tech, hardware, and hardware interfacing software. The company prefers to get involved with companies early on; 80% of Butterfly Ventures portfolio companies don't have any revenue at the time of their entry. Butterfly Ventures was founded in 2012 and ever since then it has been one of the most active early stage VCs in the region. The company has offices in Oulu, Helsinki and Stockholm.
Delos
Delos is a wellness real estate and technology company guided by the mission to be the world's leading catalyst for improving the health and well-being of people around the world by improving the indoor environments where they live, work, sleep, and play. Informed by more than seven years of research and rigorous analysis of environmental health impacts on people, Delos and its subsidiaries offer an array of evidence-based technology and solutions for residential, commercial, and hospitality spaces.
Sitra
Sitra continues to support a global transition to a more sustainable economy:this year the contribution of Sitra is the guide to drawing up a road map to a circular economy . Download publication: How to create a national circular economy road map. Read summary: How to create a national circular economy road map (summary).
What's next for Naava?
With a recent major strategic investment and a substantial total funding amount of $11.4M, Naava is poised for accelerated growth. The company's focus on enterprise-level solutions and its expansion into new markets suggest a strategic push to scale operations and enhance its product offerings. Future developments are likely to center on further integrating technology with biophilic design principles to create healthier and more productive indoor spaces, potentially exploring new applications for its green wall systems.
See full Naava company page
