# Enevo funding: rounds and investors > Enevo has raised $41M across 6 rounds since 2012. Investors include Lifeline Ventures, Finnish Industry Investment and Earlybird Venture Capital. Source: https://millionrounds.com/company/enevo (Millionrounds; every figure on the page links to its filing or article) Finland · [Funded startup](https://millionrounds.com/companies) # Who invested in *Enevo* 6 rounds we have observed, with the 10 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Cleantech Funding summary Updated 26 Oct 2026 **$41M** raised across 6 rounds since 2012, from 6 sources **$340K** Seed **$2.6M** Seed **$2.6M** Series A **$8.0M** Series A **$16M** Series B **$12M** Round - **Latest round:** Round, $12M Sept 2017 - **Biggest round:** $16M Series B · Jun 2015 - **Investors:** 10 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2012 2013 2014 2015 2016 2017 **$340K** Seed **$2.6M** Seed **$2.6M** Series A **$8.0M** Series A **$16M** Series B **$12M** Round - **First round:** Seed, $340K - **Biggest round:** $16M - **Usual gap between rounds:** 16 months ## The rounds - **Sept 2017** Round **$12M** *1 returning* [Lifeline Ventures](https://millionrounds.com/fund/lifeline-ventures) Reported by FinSMEs - **Jun 2015** Series B **$16M** *2 new* *3 returning* [Earlybird Venture Capital](https://millionrounds.com/fund/earlybird) [Lifeline Ventures](https://millionrounds.com/fund/lifeline-ventures) [Finnish Industry Investment](https://millionrounds.com/fund/finnish-industry-investment) [Foxconn Technology Group](https://millionrounds.com/fund/foxconn-technology-group) [Mistletoe](https://millionrounds.com/fund/mistletoe) From a historical funding record - **Aug 2014** Series A **$8.0M** *4 new* *2 returning* [Draper Associates](https://millionrounds.com/fund/draper-associates) [Earlybird Venture Capital](https://millionrounds.com/fund/earlybird) [Lifeline Ventures](https://millionrounds.com/fund/lifeline-ventures) [Finnish Industry Investment](https://millionrounds.com/fund/finnish-industry-investment) [ZenStone Venture Capital](https://millionrounds.com/fund/zenstone-venture-capital) [Risto Siilasmaa](https://millionrounds.com/fund/risto-siilasmaa) From a historical funding record - **Apr 2013** Series A **$2.6M** *2 returning* [Lifeline Ventures](https://millionrounds.com/fund/lifeline-ventures) [Finnish Industry Investment](https://millionrounds.com/fund/finnish-industry-investment) Reported by finsmes.com - **Apr 2013** Seed **$2.6M** *1 new* *1 returning* [Lifeline Ventures](https://millionrounds.com/fund/lifeline-ventures) [Finnish Industry Investment](https://millionrounds.com/fund/finnish-industry-investment) From a historical funding record - **Jan 2012** Seed **$340K** *3 new* [Lifeline Ventures](https://millionrounds.com/fund/lifeline-ventures) [Esa Mäkeläinen](https://millionrounds.com/fund/esa-makelainen) Elina Lepomäki From a historical funding record ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Seed** 2012 **Seed** 2013 **Series A** 2013 **Series A** 2014 **Series B** 2015 **Round** 2017 [Lifeline Ventures](https://millionrounds.com/fund/lifeline-ventures) [Finnish Industry Investment](https://millionrounds.com/fund/finnish-industry-investment) [Earlybird Venture Capital](https://millionrounds.com/fund/earlybird) [Draper Associates](https://millionrounds.com/fund/draper-associates) [ZenStone Venture Capital](https://millionrounds.com/fund/zenstone-venture-capital) [Foxconn Technology Group](https://millionrounds.com/fund/foxconn-technology-group) [Risto Siilasmaa](https://millionrounds.com/fund/risto-siilasmaa) [Mistletoe](https://millionrounds.com/fund/mistletoe) [Esa Mäkeläinen](https://millionrounds.com/fund/esa-makelainen) Elina Lepomäki ## Everyone who backed them [Lifeline Ventures](https://millionrounds.com/fund/lifeline-ventures) VC firm **6** rounds [Finnish Industry Investment](https://millionrounds.com/fund/finnish-industry-investment) Investment firm **4** rounds [Earlybird Venture Capital](https://millionrounds.com/fund/earlybird) VC firm **2** rounds [Draper Associates](https://millionrounds.com/fund/draper-associates) VC firm **1** round [ZenStone Venture Capital](https://millionrounds.com/fund/zenstone-venture-capital) VC firm **1** round [Foxconn Technology Group](https://millionrounds.com/fund/foxconn-technology-group) Corporate VC **1** round [Risto Siilasmaa](https://millionrounds.com/fund/risto-siilasmaa) VC firm **1** round [Mistletoe](https://millionrounds.com/fund/mistletoe) VC firm **1** round [Esa Mäkeläinen](https://millionrounds.com/fund/esa-makelainen) VC firm **1** round Elina Lepomäki no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=enevo). ## Quick answers about Enevo ### Who invested in Enevo? Enevo's investors include Lifeline Ventures, Finnish Industry Investment, Earlybird Venture Capital, Draper Associates and ZenStone Venture Capital, and 5 more on record. ### How much has Enevo raised? Enevo has raised $41M across 6 rounds since 2012. ### When did Enevo last raise? Enevo's most recent round was an Undisclosed round of $12M in Sept 2017. ### What was Enevo's biggest round? Enevo's largest round on record is $16M (Series B), in Jun 2015. ### Who backed Enevo first? Enevo's first round on record, in Jan 2012, was backed by Lifeline Ventures, Esa Mäkeläinen and Elina Lepomäki. ### What stage is Enevo at? Enevo's latest named round is an Undisclosed round, in Sept 2017. ### Where is Enevo based? Enevo is based in Finland. ## Companies like Enevo In the same sector, and raised in the last eighteen months. [**Reduciner** $5.9M · Sept 2026](https://millionrounds.com/company/reduciner)[**Steady Energy** $81M · Sept 2026](https://millionrounds.com/company/steady-energy)[**TheStorage** $5.4M · Apr 2026](https://millionrounds.com/company/thestorage)[**AISTI** $54M · Dec 2025](https://millionrounds.com/company/aisti)[**SpinDrive** Oct 2025](https://millionrounds.com/company/spindrive)[**Geyser Batteries** $1.1M · Jun 2025](https://millionrounds.com/company/geyser-batteries) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app