What is Visedo?
Founded in 2009 and headquartered in Lappeenranta, Finland, Visedo specializes in advanced hybrid and electric drivetrains with a power range of 30-2,000kW. The company's innovative powertrains are designed for electric vehicles across the marine, commercial vehicle, and heavy-duty machinery sectors. With a strong international presence, including subsidiaries in the Netherlands and Hong Kong, Visedo directs 90 percent of its sales to Europe and Asia, demonstrating a robust global market penetration. The company's focus on sustainable electrification positions it as a key player in the transition towards greener transportation and industrial solutions.
How much funding has Visedo raised?
Visedo has raised a total of $28.4M across 2 funding rounds:
Other Financing Round
$4.7M
Other Financing Round
$23.6M
Other Financing Round (2013): $4.7M with participation from Power Fund II, Finnish Industry Investment, and Sinituote
Other Financing Round (2016): $23.6M led by LahiTapiola, Sinituote, Ilmarinen Mutual Pension Insurance Company, VNT Management, Green Campus Innovations, Suffice International, Emerald Technology Ventures, and Finnish Industry Investment
Key Investors in Visedo
VNT Management
VNT Management is dedicated to supporting visionary entrepreneurs driving the green transition, with over 20 years of experience in the industry. The company is focused on sustainable innovation and aims to deliver strong returns for its investors.
Emerald Technology Ventures
Emerald is a globally recognized investment firm and strategic innovation partner, with offices in Zurich, Toronto and Singapore. Founded in 2000, it has raised five venture capital funds, completed over 400 venture investments in 67 emerging industrial technology leaders.
Finnish Industry Investment
Invest in Finland is the official investment promotion agency that supports international companies looking to establish or expand their operations in Finland. They offer a range of services including industry insights, tailored recommendations, and practical support.
What's next for Visedo?
The substantial enterprise-level funding Visedo has attracted, particularly the recent strategic investment, signals a strong confidence from its backers in the company's growth trajectory and technological leadership. This capital infusion is likely to fuel further research and development, expand manufacturing capabilities, and strengthen its international market reach. As the demand for efficient and sustainable electric drivetrains continues to surge across various industries, Visedo is well-positioned to capitalize on these market trends, potentially leading to further scaling and innovation in the clean energy sector.
See full Visedo company page
