Polar Night Energy raises €7.6M in seed funding led by Jonathan Oppenheimer to scale up Sand Battery technology
Amount Raised
€7.6 Million
Round Type
Seed
TampereEnergyRenewable EnergyBiomass EnergyInvestors
Description
Polar Night Energy, a Tampere-based startup, has secured €7.6 million in seed funding led by Jonathan Oppenheimer to support its innovative Sand Battery technology. The funding round also included contributions from Stephen Industries, Holdix, Turret, and PC Rettig & Co. Impact, and existing investors. With this funding, Polar Night Energy aims to expand its sales and R&D teams, and improve its heat-to-electricity conversion capabilities.
Quick answer
Polar Night Energy raised €7.6 Million in a Seed round, dated April 4, 2024. Investors: PC Rettig & Co. Impact, Turret, Holdix, Stephen Industries and Jonathan Oppenheimer. Polar Night Energy is based in Tampere, Pirkanmaa, Finland.
- How much did Polar Night Energy raise?
- Polar Night Energy raised €7.6 Million in a Seed round on April 4, 2024.
- Who invested in Polar Night Energy?
- PC Rettig & Co. Impact, Turret, Holdix, Stephen Industries and Jonathan Oppenheimer are named as investors in this round.
- What does Polar Night Energy do?
- We are an innovator of high temperature thermal energy storages for industrial applications and district heating.
- Where is Polar Night Energy based and how big is it?
- Polar Night Energy is based in Tampere, Pirkanmaa, Finland.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Polar Night Energy that raised within 45 days of this round, from Fundz verified event records.
- Aura Power raised $13M (Grant) on May 1, 2024.
- Exowatt raised $20M (Seed) on April 22, 2024.
- Found Energy raised $12M (Seed) on April 18, 2024.
- ReNew Sun Bright Private Limited raised $3.2M (Seed) on April 11, 2024.
- Lightyears Solar raised $6M (Funding Round) on March 26, 2024.
- MyGug raised $973K (Seed) on March 25, 2024.
Who to call at Polar Night Energy, and when
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- An alert the day Polar Night Energy raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Polar Night Energy, from your own LinkedIn network
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Polar Night Energy 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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