Finnish deeptech company Vensum Power has raised €9 million in a Series A funding round to bring its power conversion technology closer to industrial scale. The investment was co-led by Lifeline Ventures, Larsen & Toubro Group and Eviny Ventures. Existing investors Grid.vc and Harjavalta Ventures also participated, bringing the company’s total funding to €15.2 million.
Founded in 2018, Vensum Power develops software defined power conversion technology designed to reduce energy losses when electricity is transformed into a form that electronic equipment can use. The company currently employs around 20 people and is preparing to move its technology from development towards commercial production.
Making Electricity More Efficient
Power conversion is an essential part of modern electrical infrastructure. Electricity generated, stored or supplied through the grid often needs to be converted before it can operate electric vehicle chargers, batteries, industrial equipment and computing systems.
Every conversion process can result in energy losses, much of which is released as heat. As electricity demand increases, these losses become increasingly important for businesses operating energy intensive infrastructure.
Vensum Power addresses this challenge through its Software Defined Power Conversion, or SDPC, platform. Its technology combines advanced power electronics, soft switching techniques and digital control algorithms to minimise energy losses during conversion.
Unlike conventional systems that may achieve their highest efficiency within a relatively narrow operating range, Vensum’s approach is designed to maintain high efficiency even when electrical loads change rapidly.
The company also says its technology enables smaller and more compact converters without compromising performance, creating opportunities across several electrification markets.
Why AI Data Centres Need Better Power Systems
The expansion of artificial intelligence is creating substantial demand for electricity. Large data centres require continuous power to operate processors, cooling equipment and supporting infrastructure.
As operators compete for limited grid capacity, improving the efficiency of electricity delivery is becoming an important part of data centre planning.
Vensum Power wants to help operators make better use of the electricity already available to them. Its converters are designed to maintain consistent efficiency under changing loads, which is particularly relevant for AI infrastructure where computing requirements can fluctuate significantly.
Peter Nisula, CEO of Vensum Power, said the challenge is no longer simply about increasing computing power, but ensuring electricity reaches the equipment efficiently. He believes the company’s software defined approach can help address this issue.
Mass Production Planned for 2027
The latest investment will support Vensum Power’s transition from technology development to industrial scale manufacturing.
The company plans to begin mass production of its first products in 2027 through manufacturing partners. Initial applications will include electric vehicle charging, energy storage systems and DC microgrids.
After establishing its presence in these markets, Vensum Power intends to extend its technology into AI data centres, where demand for efficient power infrastructure continues to grow.
Investors Bring Industrial Expertise
The funding round brings together venture capital and industrial experience. Lifeline Ventures is an existing investor, while Larsen & Toubro Group brings expertise in engineering and technology. Eviny Ventures adds experience in renewable energy and energy infrastructure.
Their participation reflects growing interest in technologies that can improve electricity efficiency across both traditional energy applications and emerging digital infrastructure.
Building the Infrastructure Behind Electrification
Vensum Power is positioning its technology at the intersection of electrification, energy storage and artificial intelligence. While much of the attention surrounding the AI boom focuses on processors and software, the company is targeting the electrical systems that make large scale computing possible.
With €9 million in fresh capital and mass production targeted for 2027, Vensum Power is preparing to take its power conversion technology into a new stage of commercial development.
