How much funding has Capalo AI raised?

Capalo AI has raised $17.7 million in total funding. Their latest funding round was Series A. Key investors include Heartcore Capital, Tesi, VentureFriends, PROfounders, Inventure, Innovestor.

Where is Capalo AI headquartered?

Capalo AI is headquartered in Kuopio and Helsinki, Finland. The company has a team of 11-50 people.

What does Capalo AI do?

Capalo AI operates in the AI in Climate / Energy sector. Capalo AI develops AI-powered virtual power plant platforms to optimize energy storage systems and enhance renewable energy integration, leveraging real-time data for improved grid balancing. Maximizes the performance and profitability of energy storage assets by using advanced AI-driven forecasting and multi-market optimization, enabling efficient grid balancing and increased revenue streams.

When was Capalo AI founded?

Capalo AI was founded in 2022. It is based in Kuopio and Helsinki, Finland.

Who is the CEO of Capalo AI?

Henri Taskinen is the CEO of Capalo AI. The company was founded in 2022.

Where is Capalo AI located?

Capalo AI is headquartered in Kuopio and Helsinki, Finland.

What funding stage is Capalo AI at?

Capalo AI is currently at the Growth Stage stage.

How many employees does Capalo AI have?

Capalo AI has approximately 11-50 employees.

Capalo AI

Category: AI in Climate / Energy

Capalo AI develops AI-powered virtual power plant platforms to optimize energy storage systems and enhance renewable energy integration, leveraging real-time data for improved grid balancing. Capalo AI was founded in 2022. The company is led by Henri Taskinen. Based in Kuopio and Helsinki, Finland. Team size: 11-50. Total funding raised: $17.7 million. Latest round: Series A. Key investors include Heartcore Capital, Tesi, VentureFriends, PROfounders, Inventure, Innovestor.

Founded: 2022
Headquarters: Kuopio and Helsinki, Finland
Team size: 11-50
Total funding: $17.7 million

Value proposition

Maximizes the performance and profitability of energy storage assets by using advanced AI-driven forecasting and multi-market optimization, enabling efficient grid balancing and increased revenue streams.

Products and solutions

Virtual Power Plant (VPP) platform (e.g., Zeus VPP), Multi-market optimization AI solution

Unique value

Real-time AI optimization that schedules battery charging/discharging across multiple markets and revenue streams, paired with a unique profit-sharing business model.

Target customer

Battery owners, renewable energy infrastructure investors, independent power producers, and smart grid operators

Industries served

Renewable Energy, Energy Storage, Smart Grid Management

Technology advantage

Combines advanced forecasting algorithms with multi-market optimization capabilities, enabling superior energy management and financial benefits for stakeholders.

How they differentiate

Emphasizes highly accurate, real-time AI algorithms for multi-market optimization and a profit-sharing model, directly benefiting battery owners.

Main competitors

AutoGrid, Greensmith Energy, Stem Inc.

Key partnerships

Innovestor, Inventure, VentureFriends, PROfounders, Exilion Tuuli, Taaleri Energia, MW Storage, Å Entelios, Väre, Heartcore Capital, Tesi, FRV

Notable customers

Taaleri Energia, MW Storage, Exilion Tuuli, FRV (Fotowatio Renewable Ventures), RPC (Renewable Power Capital), eNordic Evergreen (Ardian), Nordic Solar, Vindr, HAG Energy, FILKAB Solar, European Energy, Future Energy

Major milestones

Successful seed funding round of €3.8M (March 2025), €11M Series A funding round led by Heartcore Capital (Feb 2026), Total contracted battery capacity exceeded 1 GW in 2025 (5x increase in 12 months), 5x revenue growth in 2025, Team doubled to 48 members, Active in 6 countries with expansion into 5 more in 2026, Strategic partnerships with Å Entelios (Sweden) and Väre (Finland)

Growth metrics

As of September 17, 2026: 1.7 GW of batteries and 460 MWp of solar managed, with 700 MW of batteries and 400 MWp of solar live under trading and optimization. Trading and optimization services across seven European markets, with Romanian market entry announced. Historical metrics: 5x revenue growth in 2025, team grew from 22 to 48, 30+ grid-scale assets under end-to-end service.

Market positioning

Recognized as one of Europe's leading battery storage trading and optimization companies, market-leading trader in Finland, providing trading and optimization across seven European markets and officially entering Romania in September 2026. Further expansion into Estonia, Spain, and Portugal is planned for 2026.

Geographic focus

Provides trading and optimization services in Finland, Sweden, Latvia, Lithuania, Poland, Bulgaria, and Greece. Officially entered Romania on September 17, 2026 with BRP registration and a supply licence. Manages 1.7 GW of batteries and 460 MWp of solar; 700 MW of batteries and 400 MWp of solar are live under trading and optimization. Further expansion into Estonia, Spain, and Portugal is planned for 2026.

Patents and IP

Not publicly disclosed

About Henri Taskinen

Henri Taskinen is the CEO & Co-Founder of Capalo AI. He has a background in energy systems and has been leading the company since its inception in 2022. His focus is on unlocking the full potential of energy storage to enable the transformation into the clean energy era.

Latest news about Capalo AI

Capalo AI raised 11 million Euro in Series A funding led by Heartcore Capital to scale its AI virtual power plant. Using its Zeus VPP platform, the startup optimizes battery storage systems to maximiz

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Official website: https://capaloai.com/