Myrspoven, a leading AI software company operating within building optimization, running +3,500,000 square meters across 8 countries and saves on average 20% of a building’s energy, announced today the successful completion of a EUR 5.4 million equity funding round. The investment was led by prominent investors 4impact capital, Vantaa Energy, and existing investor AMAVI Capital.
This capital infusion strategically propels Myrspoven to expand its solutions across Europe and beyond, in line with their channel partner strategy. The company's dedication to sustainability and transforming buildings into dynamic players in the modern energy system aligns perfectly with the vision of the investors, fostering a partnership aimed at driving innovation and creating lasting value in real estate. With a track record of delivering energy and cost savings, an impressive tech stack, and a future-proof platform, Myrspoven has gained investor confidence for its potential to lead and disrupt the real estate sector.
"We are eager to welcome 4impact capital and Vantaa Energy as new partners in this exciting phase of growth for Myrspoven," said Anders Kallebo, co-founder and CEO. "This funding will be instrumental in advancing our mission to contribute to the real estate industry’s reduction of carbon emissions by 1% and ensuring that we continue to deliver exceptional services to our valued customers."
Ali Najafbagy, General Partner and co-founder at 4impact capital: “Myrspoven is the leader in its field of carbon emission reduction through a digital only solution. We are thrilled to team up and accelerate the positive change internationally."
The funding round was a collaborative effort, with Matti Wallin, Business Director of Vantaa Energy’s Energy Services, commenting, "At the core of Vantaa Energy’s operations is to ensure that energy and finite resources are circulating as smartly as possible. Energy efficiency and curbing the customer's energy costs are our main goals and we see that there is an increasing demand for such services. Joining Myrspoven is a natural choice for us and a good fit for our strategy."
Richard Lindqvist, Partner Nordics at AMAVI Capital, added, "We have worked closely with Myrspoven since its early days and are happy to welcome 4impact capital and Vantaa to this exciting phase, where the indisputable goal is to accelerate from being a local Nordic hero to an international leader within building optimization. Myrspoven, with its best in class AI solutions, has the potential to redefine the real estate industry."
For media inquiries, please contact:
Anders Kallebo, co-founder & CEO
+46 761 16 37 47
Myrspoven AB is a pioneering force in the realm of energy optimization, dedicated to revolutionizing the way buildings harness and consume energy. With a deep commitment to sustainability, Myrspoven leverages cutting-edge AI technology and innovative solutions to create more efficient buildings and sustainable, stable energy systems. www.myrspoven.com
About 4impact capital:
4impact capital is an impact driven specialist software investor in North Western European ventures. We focus on AI, remote sensing and developing digital technologies to benefit our planet and people whilst generating strong financial returns. www.4impact.vc
About Vantaa Energy:
Vantaa Energy is a leading Finnish urban energy company with an ambitious objective to be a carbon-negative circular economy energy company by 2030. Our investment plans aim to decarbonize Finland's fourth-largest city's district heating system with smart recycling of energy and finite materials. www.vantaanenergia.fi/en/vantaaenergy
About AMAVI Capital:
AMAVI is a fully independent investment fund with a pan-European scope, established to support growth of the leading and most promising scale-ups active in the PropTech industry. AMAVI bridges the traditional real estate industry on the one hand and the most groundbreaking European PropTech scale-ups on the other. We partner with the world-shapers, creating companies that radically change the places we live, work and relax in today. https://amavi.capital/