ELY Centre for Central Finland
Vapaudenkatu 58, Jyväskylä, 40100, Finland
Overview
The Centres for Economic Development, Transport and the Environment (ELY Centres) are responsible for the regional implementation and development tasks of the central government. Finland has a total of 15 ELY Centres, which are tasked with promoting regional competitiveness, well-being and sustainable development and curbing climate change. ELY Centres have three areas of responsibility: - Business and industry, labour force, competence and cultural activities. - Transport and infrastructure. - Environment and natural resources.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Association
- Government
Investment portfolio
- AISTI
Participated · Grant · Dec 2024
Founded in 2019, Aisti develops and manufactures natural suspended ceiling tiles made from renewable wood fibre, using patented foam-forming technology to deliver noise-reducing products that are safe, recyclable and competitively priced. The tiles provide a sustainable alternative to mineral wool, eliminating the release of mineral fibres into indoor air and achieving global acoustics and indoor-climate certifications as well as fire-resistance class B-s1, d0. Aisti is building a large-scale production facility in Kitee that will double its previously planned capacity of 2.5 million m², with production slated to begin in the second half of 2026. The factory itself will feature an energy-efficient, clean-electricity-powered process. Future plans include intensified R&D to enhance acoustic and fire-resistant properties and an expanded commercial push across Europe with a focus on the Nordics. Financially, the company closed a €29 million Series A round in 2024, raised €1.6 million in 2022, and has now secured substantial venture debt from the European Investment Bank. Backers to date include Voima Ventures, Maki.vc, Finnvera and Valve Ventures.
Team
No current team members are available.