# Teraloop: Energy, Helsinki, Finland

> Teraloop: Teraloop is developing a breakthrough in utility scale storage to unlock the integration of renewable energy. Based in Helsinki, Finland.

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

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

# Teraloop

Teraloop is developing a breakthrough in utility scale storage to unlock the integration of renewable energy.

Email

Funding reported Last round: Convertible note

Energy Helsinki, Finland

Follow Teraloop and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fstartup%2Fteraloop)

Company summary

- **Founded:** 2014 12 years old
- **Team:** 11 11 to 50 people
- **Funding reported:** 2.4M as listed, currency not stated
- **Last round:** Convertible note Sept 2021

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 Teraloop 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 Teraloop raised

Funding, as reported

Reported in all **2.4M** in the source's currency

Rounds **2**

Last round **Convertible note**

Last round date **Sept 2021**

Investors listed **2**

## Founders and team

From Teraloop's own website: 5 on the team.

- **Antonio Capristo** CEO
- **Markus Merilä** CTO
- **Mervi Södö** CFO
- **Risto Viitala** Chief Engineer
- **Silvano Saggioro** Sales Director

## On a portfolio page

Investors who name them

- [Ganapali Ventures](https://millionrounds.com/fund/ganapali-ventures)

Each firm lists Teraloop on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## 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)
- [**QHeat** Helsinki · founded 2018](https://millionrounds.com/startup/qheat)
- [**Convion** founded 2012](https://millionrounds.com/startup/convion)
- [**Nelinor** Espoo · founded 2020](https://millionrounds.com/startup/nelinor)
- [**Carelin Oy** founded 2017](https://millionrounds.com/startup/carelin-oy)

## Is this your company?

Add your raise, your deck and your story, and put Teraloop in front of investors. Or tell us what we have wrong.

[List your startup](https://millionrounds.com/list-your-startup)[Send a correction](https://millionrounds.com/corrections)