Fundz

Helsinki-Based Startup Cactos Secures Over €26M For Bess Investment

PRIVATEJan 11, 2024

Amount Raised

€26 Million

Round Type

Venture

MuhosRenewable Energy

Investors

Finnish Climate FundOp Finland Infrastructure Lp

Description

Cactos, a Helsinki-based battery energy storage systems (BESS) startup has raised over €26 million in equity capital as part of a larger €70 million investment project

Quick answer

Cactos raised €26 Million in a funding round, dated January 11, 2024. Investors: Finnish Climate Fund and Op Finland Infrastructure Lp. Cactos is based in Muhos, Finland.

How much did Cactos raise?
Cactos raised €26 Million in a funding round on January 11, 2024.
Who invested in Cactos?
Finnish Climate Fund and Op Finland Infrastructure Lp are named as investors in this round.
What does Cactos do?
Cactos develops distributed energy storage systems based on recycled EV batteries.
Where is Cactos based and how big is it?
Cactos is based in Muhos, Finland.
Who are the decision-makers at Cactos?
Fundz holds 1 contact at Cactos. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Renewable Energy around the same time

Companies in the same sectors as Cactos that raised within 45 days of this round, from Fundz verified event records.

  • SunPower raised $300M (Funding Round) on February 23, 2024.
  • Antora Energy raised $150M (Funding Round) on February 22, 2024.
  • Arevon raised $1.1B (Funding Round) on February 22, 2024.
  • Altilium raised $9.4M (Series A) on February 21, 2024.
  • Fastned raised $30M (Funding Round) on February 21, 2024.
  • Flower raised $19M (Series A) on February 19, 2024.

Who to call at Cactos, and when

A new round usually means Cactos is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Cactos raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Cactos, from your own LinkedIn network

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Company Information

Company

Cactos

Location

Muhos, Finland

About

Cactos develops distributed energy storage systems based on recycled EV batteries.

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Cactos raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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