# QHeat: Energy, Helsinki, Finland

> QHeat: QHeat is a provider of innovative geothermal energy solutions. Based in Helsinki, Finland. Founded 2018.

Source: https://millionrounds.com/startup/qheat (Millionrounds; every figure on the page links to its filing or article)

Finland · [Energy startup](https://millionrounds.com/companies)

# QHeat

QHeat is a provider of innovative geothermal energy solutions.

Email

Funding reported Last round: Debt financing

Energy Helsinki, Finland

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Company summary

- **Founded:** 2018 8 years old
- **Team:** 1 1 to 10 people
- **Funding reported:** 2.5M as listed, currency not stated
- **Last round:** Debt financing Feb 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for QHeat has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say QHeat raised

Funding, as reported

Reported in all **2.5M** in the source's currency

Rounds **2**

Last round **Debt financing**

Last round date **Feb 2022**

Investors listed **3**

## Founders and team

From QHeat's own website: 2 founders, 5 on the team.

**Erika Salmenvaara** CEO & CO-Founder

**Rami Niemi** CTO & Founder

- **Lotta Mäki-Turunen** CFO
- **Vesa Valonen** Chief Business Officer
- **Eeva Meriluoto** HR & Admin Lead
- **Harun Bitlis** Drilling Manager
- **Valtteri Viitala** Commercial Development Lead

## Energy in Finland

Startups like it

- [**Ren-Gas** Espoo](https://millionrounds.com/startup/ren-gas)
- [**Ilmatar** Helsinki · founded 2011](https://millionrounds.com/startup/ilmatar)
- [**Elenia Group** Helsinki · founded 2011](https://millionrounds.com/startup/elenia-group)
- [**P2X Solutions** Helsinki · founded 2020](https://millionrounds.com/startup/p2x-solutions)
- [**Teraloop** Helsinki · founded 2014](https://millionrounds.com/startup/teraloop)
- [**Convion** founded 2012](https://millionrounds.com/startup/convion)
- [**Nelinor** Espoo · founded 2020](https://millionrounds.com/startup/nelinor)
- [**Flexmill** founded 2017](https://millionrounds.com/startup/flexmill)

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