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VISEDO
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Manufacturer of heavy-duty hybrid and electrical drive trains

Founded in 2009
Founded in

Company type Acquired Public ()
Company type

Industry Group transportation & logistics

Sector on-road vehicles

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Finland Lappeenranta, Finland
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Updated by Tomi Ristimäki at Visedo on 05/21/2014

Edited by Cleantech Group on 10/15/2020

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  • 1 M&A items
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Date Company
06/12/2014

Wider S.r.l. Wider S.r.l.

WIDER s.r.l. , Italian shipyard specializing in the production of luxury yachts has made a significant decision in its choice of Visedo as supplier for the permanent magnet electric machines.

Confirmed by Wider S.r.l.
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Date Investors Type Amount
12/18/2016 Emerald VC Emerald VC , TESI TESI , VNT Management VNT Management , Ilmarinen Ilmarinen , LähiTapiola LähiTapiola , Suffice International Suffice International , Sinituote Sinituote , Green Campus Innovations (Lappeenranta University of Technology) Green Campus Innovations (Lappeenranta University of Technology) (8)
Post-money valuation of
Visedo has collected a financing package of EUR 20 million, comprising of an equity investment of EUR 13.5 million, an EFSI loan of EUR 5 million and EUR 1.5 million in funding from other sources.
 Growth Equity $20,886,524
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