Grid.vc's portfolio company Safegrid has received a million euro investment to support its growth in European markets. The company has also nominated ex-Nokia CEO Olli-Pekka Kallasvuo as the chairman of the board.

Keuruun Sähkö is the fourth investor in Grid.vc. This further enhances the strengths of Grid.vc in accelerating the growth of promising energy start-ups through collaboration with sector experts and companies.

Bamomas™, a battery fleet analytics provider, secures new growth funding in a financing round led by Fortum's Valkea Growth Club. In addition to the equity investment, a Fortum-born startup eFleetly, was merged into Bamomas to combine two players working on ensuring more efficient and sustainable use of battery fleets. Grid.vc was the first financial investor in Bamomas and participates also in this round.