Vensum Power raises €9M to bring power converters into mass production
Led by CEO Peter Nisula after co-founder Jyrki Penttonen's death, Vensum Power plans mass production in 2027 and a push into AI data centres.
By RuntimeWire Staff · Published
Primary source: Tech.eu
Why it matters
AI data centres, EV chargers and storage systems are running into limited grid capacity, so every percentage point lost in power conversion reduces usable capacity and adds heat. Vensum's Series A tests whether a small Finnish team can turn Aalto-born research into production hardware that recovers that lost power at industrial scale.
Peter Nisula joined Vensum Power in the spring of 2022, the year co-founder and then-CEO Jyrki Penttonen died suddenly and the team had to decide whether to keep the company going or dissolve it. Vensum has now raised €9M in a Series A co-led by Lifeline Ventures, Larsen & Toubro Group and Eviny Ventures, taking total capital raised to €15.2M, according to [Tech.eu's November 6th…
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