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Norsepower

Norsepower

Private
HelsinkiMobility, Transportation & Logisticshttps://www.norsepower.com/

Last Round

VC Round

Jul 22, 2025

Total Funding Raised

$44.1M

Momentum

Top 5%

of companies Caplight tracks

Company Overview

Norsepower is a clean technology and engineering company that provides auxiliary wind propulsion systems for the global shipping industry.

Sector

Mobility, Transportation & Logistics

Verticals

Maritime & Shipping, Clean Transportation, Energy Management

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting

AI Layer

Application

Keywords

rotor sailwind propulsionflettner rotormaritime decarbonizationclean shippingfuel saving technologyauxiliary propulsionship retrofittingwind-assisted propulsionmagnus effectmaritime techgreen shippingvessel performance monitoringpredictive maintenanceshipping emissions reduction

Historical Pricing

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Caplight Momentum Score

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Norsepower Comps

Public and private peers based on sector, stage, and business model.

Norsepower comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Norsepower Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
VC RoundJul 22, 2025
Series CMar 28, 2023
DebtJan 30, 2023
DebtJun 15, 2022
VC RoundSep 23, 2019
VC Round
Nov 16, 2018

Key People

Founding team and executive leadership

Heikki Pöntynen

Chief Executive Officer

Executive Team

Minna Ilveskoski

Chief Financial Officer

Executive Team

Jarkko Väinämö

Chief Operating Officer, CTO

Executive Team

Norsepower Investors

Notable investors and investment history

Norsepower investors
InvestorRounds
The Finnish Climate FundVC Round, Series C, Debt
TesiSeries C
KorkiaSeed, VC Round
Climate InvestmentSeries C, VC Round
European CommissionGrant
MirovaSeries C
VNT ManagementVC Round, Series C

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jun 21, 2026

    Monthly visitors increased 90% MoM, reaching 6.6K.

  • Mar 27, 2026

    Cooperation agreement signed with Cosco Shipping Heavy Industry Equipment.

Norsepower Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Norsepower Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Norsepower's valuation, stock price, and market status.

Firmographic Details

HeadquartersHelsinki
Employee Range69
Year Founded2012
Last FundingJul 22, 2025

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