We raised private debt or equity financing, secured public funding (including investment grants), and performed real estate transactions for various customers. In addition, supported our clients with M&As, valuation calculations, restructurings, and other strategic or corporate finance relatated projects.
“As our financial advisor in a project of major importance, Grannenfelt Finance led the process with a professional touch and provided us with valuable insights on alternative solutions. ”
Grannenfelt Finance had a strong 2022 as we successfully executed our client projects:
We fundraised debt or equity for eight customers, secured public funding (including investment grants) for five customers, and two real estate transactions. In addition, we have supported our clients with M&A, valuation opinions, restructurings, and other strategic or corporate finance related projects.
Vastuu Group
Vastuu Group is digitalising business processes related to the built environment, including compliance function and frictionless data flows for value-adding services. E.g., Vastuu Group offers a digital service to ensure compliance of contractor's liability regarding laws and regulations throughout the supply chains of the construction and related industries. Vastuu Group support the industry to combat the grey economy and ensure regulatory compliance.
Grannenfelt Finance helped Vastuu Group secure equity funding from new investors. Client story can be found here.
Solar Foods
Solar Foods is a food-tech startup that is developing a technology that produced highly nutritious and sustainable protein for human consumption. The production is completely disconnected from agriculture and the need for arable land. All what is needed is electricity, hydrogen, carbon dioxide, water, vitamins and minerals to feed and grow the protein source – a microbial biomass. Construction of the first factory has begun and will be operational in 2024. Solar Foods enjoys the backing of top VCs and strategic industrial investors.
Grannenfelt Finance helped Solar Foods secure 34 MEUR in grant funding for its demonstration and scale-up stage.
Convion
Convion is a leading fuel cell system developer commercializing solid oxide fuel cell (SOFC) and solid oxide electrolyser (SOE) systems for distributed power generation and hydrogen production in industrial and commercial applications. Convion’s systems are designed for premium energy efficiency, reliability and operational flexibility. The technology enables sustainable power security, energy independence and fuel flexibility - supporting the green transition of industry.
Grannenfelt Finance helped Convion to secure funding for its international growth.
Finnforel
Finnforel is a Recirculating Aquaculture System (RAS) company – farming rainbow trout for the retail sector sustainably and on-land. RAS farmed fish is one of the most sustainable animal proteins available. Finnforel operates all steps of the farm-to-shelf value chain – all the way from roe to packaged portion size files and other packaged food items. Finnforel’s brand names are Saimaan Tuore and LoHi.
Grannenfelt Finance helped Finnforel secure funding for its scale-up investment stage in 2022.
NYAB
NYAB is a builder of a clean future with decades of experience in construction and engineering. NYAB enables the green transition in the Nordics through their renewable energy projects, sustainable infrastructure and industrial projects. NYAB is publicly listed (Nasdaq First North Helsinki).
Grannenfelt Finance was Skarta Energy’s advisor for a non-disclosed project in 2022.
Puustako
Puustako produces high-quality biochar from wood and forestry side streams for e.g. steelmaking processes. The use of biochar enables green transition of the conventional steelmaking industry. Biochar production from forestry and agricultural side streams ensures circularity and efficient use of raw materials.
Grannenfelt Finance helped Puustako secure funding for its demonstration and scale-up planning stage in 2022.
Sensative
Sensative provides unified smart infrastructure for launching, leveraging, and scaling IoT solutions. It already offers over 100 customer use-cases across macro (cities, municipalities) and micro (buildings, homes) scale. Sensative offers its customers complete digitisation, and enables e.g., improved energy and resource efficiency and advanced digitalization benefits.
Grannenfelt Finance helped Sensative to secure funding for its international scale-up stage. Client story can be found here.
RGNT Motorcycles
RGNT Motorcycles is a premium electric motorcycle manufacturer based in Sweden. RGNT’s advanced technology emphasizes user-friendliness for its riders. RGNT enables the green transition of mobility with a portfolio of city-use and long-range e-motorbikes.
Grannenfelt Finance helped RGNT to secure funding for its production ramp-up and international scale-up.
P2X Solutions
P2X Solutions is producer of green hydrogen and leader in Power-to-X operations. Grannenfelt Finance helped to secure a 70 M€ funding package including equity, debt and public investors for P2X’s first plant for production of green hydrogen. The funding will be used to construct a 20 MW electrolyzer plant which is run with renewable energy, and which integrates power-to-X technology and carbon capture from industry.
AIM Capital Group, Grannenfelt Finance and AIM Capital assisted P2X Solutions with a EUR 20 million capital round. News story can be found here.
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