VNT Management has made a capital investment of two million euros in the Oulu based company, Valopaa Ltd. Valopaa is a manufacturer and developer of LED lighting technology for demanding environments.
The CEO of Valopaa Ltd, Toivo Vilmi, commented that this investment will significantly strengthen the resources of the company. “This makes it possible for us to sustain the company’s rapid growth, continue with our long-term product development projects and brings more efficiency to our marketing strategy”, Mr. Vilmi stated.
Mr. Vilmi further commented that for Valopaa VNT Management is an excellent choice as a capital investor. VNT Management specializes in environmental technology that aims towards more energy efficiency, among other things. In addition, the firm has extensive experience in the sale of electrotechnical products. Furthermore, VNT is known as a responsible investor.
Valopaa manufactures LED light fixtures, intelligent LED lighting control systems and the technology platforms needed for these fixtures. All of its products are energy efficient, reliable, easy to maintain and control the amount of light. Thousands of light fixtures have been installed to various locations in Finland and abroad. The products of Valopaa are being used to light streets and parks, bridges and underpasses, various outdoor locations, parking areas, petrol stations and industrial buildings.
According to CEO Vilmi, the basic characteristics of Valopaa’s operations and products are Finnish R&D and production, pioneering in LED technology, their own technology platform and an intelligent LED lighting control system.
”Valopaa is a good match with our investment strategy. The company has considerable and growing net revenue and their market segment is also growing rapidly. To support the development and growth of Valopaa, we bring to the table not only our capital investment but also business acumen and an extensive contact network”, the founder of VNT Management and a member of its Board of Directors, Veijo Karppinen, asserted.
Management is a Finnish capital investment firm, which has operations
in four locations in Finland as well as in Münich, Germany. VNT
Management is one of the first European capital investment firms to
concentrate solely on clean technology. VNT manages three capital funds,
with a total of 152 million euros of capital.
For additional information, contact:
CEO Toivo Vilmi, +358 50 556 8326
Veijo Karppinen, +385 40 837 1210
VNT’s Power Fund III is sponsored by EIF’s CIP (Competitiveness and Innovation Framework Programme)
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