# Volta Local Energy

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

- Industry: Heating, Cooling & Ventilation Equipment and Services
- Headquarters: Helsinki, Finland
- Website: www.voltanenergy.com
- Total disclosed funding: $2.6M
- Latest round: Seed (Jun 29, 2022)
- Investors on record: 3

## About

Based in Helsinki, Finland, and founded in 2020, Voltan Energy operates as a company that implements geothermal systems for apartment buildings and large residential properties. In October 2023, Volta raised EUR 1.5 million in growth funding from new investor Kiilto Ventures. As of July 2022, the company is led by its CEO Miikka Lemmetty.

Volta Local Energy design, implement, and operate geothermal systems and offers clean heating and cooling for apartment buildings and large residential properties. The system produces heat for the needs of the construction phase. The company is also involved in the pre-marketing of the apartments to the maintenance of the local energy system.

The company plans to use the venture funding to support building its energy solutions in Finland.

## Funding rounds

- Seed, Jun 29, 2022, $2.6M — Holdix Oy Ab, Turret, Nidoco

## Investors

- Holdix Oy Ab — Seed
- Turret — Seed
- Nidoco (https://capitalatlas.ai/funds/nidoco) — Seed