Geyser Batteries to win Energia2020 innovation competition
October 21, 2020 09:00 EET
Helsinki, Finland – Geyser Batteries, a Finnish cleantech startup offering its customers high-performance batteries built on its proprietary water-based electrochemical technology, has won Energia2020 innovation competition.
Energia2020 innovation competition showcases startup companies with solutions that have a high business potential, and an ability to make a significant impact to energy sector. These companies solve essential needs of our society’s future energy requirements. The competition is organized biannually in a collaboration between Energiamessut event organizer, Grid.vc, a member of Finnish Venture Capital Association (FVCA), and VTT, one of Europe’s leading research institutions owned by the Finnish state. The competition jury consists of members from the most important investors at energy sector in Finland.
Geyser Batteries Oy develops and manufactures a new class of high-power, water-based, non-lithium batteries, which are capable of over one million of fast charging cycles even at ultra-low ambient temperatures. Thanks to the use of aqueous electrolytes and novel electrochemistry.
Anu Rousku, Business Development and General Administration Manager
Maria 01, Lapinlahdenkatu 16
00180 Helsinki, Finland
About Geyser Batteries
Geyser Batteries Oy is setting up a production unit in Finland to scale up manufacturing of battery modules based on its breakthrough proprietary electrochemistry and extensive engineering design know-how. The company was incorporated in 2018 and employs a diverse team of entrepreneurs, engineers and sales professionals with more than 25 years of experience in the research, development, and manufacturing of specialty aqueous batteries and energy storage solutions.
The biennial, largest energy event in Finland brings together energy production, power transmission and storing, energy users, and environmental and circular economy and real estate decision makers under the same roof. The event is a part of a high-profile national gathering, and it showcases sustainable, smart, productive, and modern solutions to the energy transition. As a part of the event, the jury consisting of members of the most significant energy sector investors in Finland chooses a winner of an innovation competition. The main winning criteria are the company’s ability to enter the energy market, and the know-how and complexity of the team behind. The chosen solutions have a high business potential, and an ability to make a significant impact to energy sector. They solve essential needs of our society’s future energy requirements.