Sofi Filtration closes 3 million euro funding round
Sofi Filtration announced the closing of a EUR 3 million funding round led by Emerald Technology Ventures and joined by Voima Ventures. This is the first investment of Emerald’s recently announced water innovation impact fund. Alongside the primary transaction a secondary transaction was conducted with selected investors including Loudspring.
Sofi Filtration CEO Ville Hakala explains: “For a number of years, now Sofi Filtration has developed its processes to effectively enter new markets and has established brand awareness as the go-to technology, when it comes to automatically self-cleaning microfiltration. To address the tremendous growth opportunities, we set ourselves out to find the best investors in our specific field of business. With this financing round, we will have the resources to grow our business to the technology’s full potential.”
About Voima Ventures
Voima Ventures is a EUR 40 million deep tech fund that invests purely in start-ups with deep tech and scientific backgrounds. Voima Ventures’ mission is to solve major global problems by combining science, entrepreneurship, and capital. Industry domains include bio and new materials, medical technologies and life sciences, imaging and optics, IoT and electronics, robotics, software & ICT and AI. In addition, Voima Ventures is managing a portfolio of VTT Ventures with 20 prominent deep tech companies including Solar Foods, Paptic, and Dispelix. Cornerstone investors are VTT Technical Research Centre of Finland and the European Investment Fund (EIF), backed by Finnish private and institutional investors.
Loudspring is an investment company focused on saving natural resources. It owns and operates Nordic growth businesses that are fighting climate change and making a big environmental impact. Loudspring has a diversified business portfolio with technologies that save energy, water and materials in industry, real estate and in everyday life. The company group is listed on First North Growth Market Finland under the ticker LOUD and on First North Growth Market Stockholm under the ticker LOUDS.
About 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, backed 67 emerging industrial technology leaders through over 400 venture investment transactions and managed five third-party investment mandates, including for the governments of Switzerland and Singapore. Emerald is a trusted open innovation partner for numerous multi-national corporations, leveraging deep industry expertise and rich global deal flow in the areas of energy, water, industrial IT, advanced materials, mobility, robotics, and agriculture.