# Aisti Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aisti-corporation

- Industry: Materials
- Headquarters: Jyvaskyla, Finland
- Website: www.aisti.com
- Total disclosed funding: $1.7M
- Latest round: Series A (Dec 12, 2024)
- Investors on record: 4

## About

Based in Jyvaskyla, Finland, and founded in 2019, Aisti Corporation Oy, doing business as, Aisti, provides a sustainable and eco-friendly alternative to modern construction. In December 2024, Aisti Corporation Oy raised EUR 29 million in series A, venture debt, and grant funding. As of May 2022, the company is being led by Mikko Paananen as its CEO and sells directly to architects and construction companies that design or build schools, hospitals and commercial buildings.

The company offers Aisti Teno® acoustic tiles used in commercial and residential ceilings made of dried wood pulp rather than the more commonly available non-recyclable glass tiles. These tiles are fireproof and are carbon-negative and have a lesser disruptive effect on the environment right from production to while in use. Additionally, the firm accepts back all used tiles after their use for recycling.

Aisti Corporation Oy's intends to use the December 2024 funding to construct its commercial factory in Kitee, Finland, to scale production of its acoustic tiles made from renewable wood fibers.

## Funding rounds

- Series A, Dec 12, 2024 — Finnvera, Maki.vc, Voima Ventures
- Seed, Apr 21, 2022, $1.7M — Maki.vc, Valve Ventures

## Investors

- Maki.vc (https://capitalatlas.ai/funds/maki-vc) — Seed, Series A
- Valve Ventures — Seed
- Finnvera (https://capitalatlas.ai/funds/finnvera) — Series A
- Voima Ventures (https://capitalatlas.ai/funds/voima-ventures) — Series A