ain tech
Summary
Steady Energy, a Helsinki-based company specializing in carbon-neutral heat solutions delivery, has secured €10 million in a funding round led by existing investors, Lifeline Ventures and Yes VC. The funding will be used to further develop its technology, accelerate research and development efforts.
Launched in 2023 as a spin-out company from VTT Technical Research Center of Finland, Steady Energy aims to de-carbonize the energy-intensive heating industry, starting with residential and district heating. The company specializes in delivering carbon-neutral heat to homes, offices, and industrial applications through its nuclear engineering solutions, particularly its LDR-50 nuclear reactor, which operates at low temperatures and pressures.
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