# Steady Energy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/steady-energy

- Industry: Renewable Energy
- Headquarters: Finland
- Website: www.steadyenergy.com/
- Total disclosed funding: $36M
- Latest round: Series B (Jun 2, 2025)
- Investors on record: 8

## About

Founded in 2023 and based in Finland, Steady Energy Oy operates as a manufacturing firm that manufactures zero-emission heating plants. The company is a spin-out of the VTT Technical Research Center of Finland. In 2025, Steady Energy Oy raised EUR 26 million in venture funding. As of 2023, the company is led by its CEO, Tommi Nyman. Steady Energy develops and offers the LDR-50 district nuclear reactor, a small modular reactor (SMR) that is designed to produce safe and reliable low-carbon heating energy solutions for homes and commercial, industrial, small, and medium-sized buildings, cities, and public buildings. The firm provides a heat output of 50 MW. The business reduces its environmental carbon footprint, lowers greenhouse gas emissions, and ends the use of fossil fuels by providing carbon-neutral heat to homes, businesses, and different industrial applications. The company will use the 2025 funding to develop a pilot small modular reactor heating plant in Helsinki, Finland.

## Funding rounds

- Series B, Jun 2, 2025, $11M — LocalTapiola Group, Tesi, Lifeline Ventures, Valo Ventures, Move Energy, 92 Ventures
- Series B, Mar 1, 2025, $23M — Lifeline Ventures, Yes VC, 92 Ventures
- Seed, Jun 27, 2023, $2.2M — Lifeline Ventures, Yes VC, VTT Memsfab Ltd

## Investors

- Lifeline Ventures (https://capitalatlas.ai/funds/lifeline-ventures) — Seed, Series B
- Yes VC (https://capitalatlas.ai/funds/yes-vc) — Seed, Series B
- VTT Memsfab Ltd — Seed
- 92 Ventures (https://capitalatlas.ai/funds/92-ventures) — Series B
- LocalTapiola Group — Series B
- Tesi (https://capitalatlas.ai/funds/tesi) — Series B
- Valo Ventures (https://capitalatlas.ai/funds/valo-ventures) — Series B
- Move Energy (https://capitalatlas.ai/funds/move-energy) — Series B