Visedo, founded in 2009 by CEO Kimmo Rauma and based in Lappeenranta, Finland, specializes in electrical power lines and components for heavy mobile equipment, commercial vehicles and the shipping industry. Its power lines suit both hybrid and all-electric systems, with a performance range of 30–2,000 kW. The company has a subsidiary in the Netherlands and an international customer base, with 90% of sales exported to Europe and Asia. Visedo secured €20m in additional financing. The funds are earmarked to invest in international growth and to strengthen the management team. As part of that effort, Tarja Järvinen joined as CFO and Nina Harjula as CMO.

Total raised

$21M

Funding rounds

1

Latest round

Equity

Latest activity

Dec 2016