Finland · Renewables & Environment
Finland · Renewables & EnvironmentWello
It produces wave energy converters with minimal impact to the environment.
PrivateFor profit
Against its peers
Set against 53 Renewables & Environment companies in Finland. The ring marks the typical peer.
Across all 5.9M companies: larger than 33% of those with a size listed; older than 40% of those with a founding year. 1 people list it on LinkedIn, and 1,624 follow it.
About Wello
Wello is a developer of wave energy converters. Founders of Wello have been responsible for dozens of wave energy concepts with thousands of hours spent at sea.
EnergyEnergy EfficiencyInformation TechnologyRenewable EnergyWave Energy
Funding, as listed
What the source datasets report. We have not watched these rounds ourselves.
$7.5M
raised in total across 5 rounds
Last raised Feb 2018, 8 years ago
- Rounds
- 5
- Latest round
- Equity crowdfunding
- Latest amount
- $2.4M
- Investors
- 41 leading
Key facts
Who started it and how it trades.
- Founded by
- Antti Paakkinen, Heikki Paakkinen
Every detail we hold
Everything the source datasets list about Wello, field by field. Contact details are held but never shown.
The company8 fields
- Name
- Wello
- Type
- For profit
- Status
- Private
- Founded
- 2008
- Founders
- Antti Paakkinen, Heikki Paakkinen
- Industry
- Renewables & Environment
- Categories
- Energy, Energy Efficiency, Information Technology, Renewable Energy
- Specialities
- Wave Energy
Where3 fields
- City
- Espoo
- Country
- Finland
- Markets
- European Union (EU), Nordic Countries, Scandinavia, Europe, Middle East, and Africa (EMEA)
Size and reach3 fields
- Staff band
- 11-50
- People on LinkedIn
- 1
- LinkedIn followers
- 1,624
Show 10 more fieldsShow fewer fields
Funding, as listed8 fields
- Total
- $7,462,557 USD
- Rounds
- 5
- Latest round
- Equity crowdfunding
- Latest round date
- Feb 2018
- Latest amount
- 2,435,044 USD
- Investors
- 4
- Lead investors
- 1
- Listing status
- private
About this record2 fields
- Sources
- Crunchbase, LinkedIn
- Last imported
- Sept 2026
Growth, as the source summarises it
Wello Oy may be growing as it is identified as a key player in the Marine Power (Wave and Tidal) market, which is experiencing a significant compound annual growth rate of seventy-three percent. This indicates that the company is part of a rapidly expanding industry, which often correlates with individual company growth. Being highlighted as a key player suggests that Wello Oy has a notable market presence and could be contributing to the industry's overall growth trajectory.
Companies like Wello
Renewables & Environment in Finland.
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