When was Soletair Power founded?

Soletair Power was founded in 2016 and raised its 1st funding round 3 years after it was founded.

Where is Soletair Power located?

Soletair Power is headquartered in Lappeenranta, Finland.

How many employees does Soletair Power have?

As of Jul 01, 2024, the latest employee count at Soletair Power is 12.

Is Soletair Power a funded company?

Soletair Power is a funded company, having raised a total of $2.86M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Apr 15, 2019.

When was the latest funding round of Soletair Power?

Soletair Power's latest funding was a $***** Seed round on Jun 05, 2024, with participation from 5 investors. Its primary sector is Air Pollution Management Tech. Globally, the Air Pollution Management Tech sector has seen $355M in funding in 2026 to date.

What is the annual revenue of Soletair Power?

Annual revenue of Soletair Power is €241K as on Dec 31, 2023.

Where does Soletair Power rank among its competitors?

Soletair Power ranks 64th amongst 307 active competitors, of which 100 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Heirloom, which secured an undisclosed amount in Dec, 2025.

Who are the top competitors of Soletair Power?

Soletair Power's top competitors include Carbon Clean, Carbon Engineering and Heirloom. Among them, Heirloom secured the most recent funding round in December, 2025.

Soletair Power - 2026 Company Profile, Team, Funding, Competitors & Financials

Soletair Power is a seed company based in Lappeenranta (Finland), founded in 2016 by Pasi Vainikka and Ari Piispanen. It operates as a Developer of building-integrated direct air capture technology. Soletair Power has raised $2.86M in funding from investors like Wartsila, Halton and Søren Jensen. The company has 307 active competitors, including 100 funded and 10 that have exited. Its top competitors include companies like Carbon Clean, Carbon Engineering and Heirloom.

Company Details

Developer of building-integrated direct air capture technology. This technology integrates seamlessly with existing ventilation systems, lowering emissions and energy costs. Captured CO2 can be permanently stored or utilized in various applications. The technology is retrofittable and uses renewable energy, capturing more CO2 than it emits, while improving indoor air quality. The company has successfully deployed several systems, demonstrating the technology's viability and scalability.

Website: www.soletairpower.fi/
Social
Email ID: *****@soletairpower.fi
Phone Number: +358 **********

Key Metrics

Founded Year

2016

Location

Lappeenranta, Finland

Stage

Seed

Total Funding

$2.86M in 4 rounds

Latest Funding Round

Seed, Jun 05, 2024, $*****

Investors

Wartsila & 5 more

Ranked

64^th among 307 active competitors

Annual Revenue

€241K as on Dec 31, 2023

Employee Count

12 as on Jul 01, 2024

Similar Companies

Carbon Engineering & 79 more

View Soletair Power's full profile

Soletair Power is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Soletair Power Oy CIN: 2753123-1 , Finland, Active	Apr 05, 2016	$261K (As on Dec 31, 2023)	-	-

Soletair Power has raised a total funding of $2.86M over 4 rounds. Its first funding round was on Apr 15, 2019. Its latest funding round was a Seed round on Jun 05, 2024 for $*****. 5 investors participated in its latest round. Soletair Power has 6 institutional investors.

Here is the list of recent funding rounds of Soletair Power:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 05, 2024	3287188	Seed	4097658	9180513	2826139	6710242
May 09, 2023	2778525	Seed	1524743	8541867	3165041	2670342
Mar 04, 2021	2191765	Seed	7193993	3311822	Wartsila	2079632

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View details of Soletair Power's funding rounds and investors

The founders of Soletair Power are Pasi Vainikka and Ari Piispanen. Petri Laakso is the CEO of Soletair Power.

Here are the details of Soletair Power's key team members:

Pasi Vainikka: Co-Founder of Soletair Power.
Ari Piispanen: Co-Founder of Soletair Power.
Contact Info: 1 email address and 1 phone number

View details of Soletair Power's Founder profiles and Board Members

Soletair Power's employee count trend

Soletair Power has 12 employees as of Jul 24. Here is Soletair Power's employee count trend over the years:

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Top competitors of Soletair Power include Carbon Clean, Carbon Engineering and Heirloom. Here is the list of Top 10 competitors of Soletair Power, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Carbon Clean 2009, London (United Kingdom), Series C	Developer of technology for industrial carbon capture and utilisation solutions	$243M	Chevron, Equinor & 61 others	69/100
2nd	Carbon Engineering 2009, Squamish (Canada), Acquired	Developer of direct air capture technology focused on carbon dioxide removal	$110M	Chevron, Oxy & 16 others	65/100
3rd	Heirloom 2020, San Francisco (United States), Series B	Provider of direct air capture technology for permanent carbon dioxide removal	$203M	Ahren, Future Positive Capital & 30 others	64/100
4th	Mission Zero 2020, London (United Kingdom), Series A	Developer of technology to recover carbon dioxide from the atmosphere	$32.8M	2150.VC, Breakthrough Energy & 12 others	64/100
5th	CarbonCapture 2019, Los Angeles (United States), Series A	Developer of modular direct air capture systems and carbon removal credits	$115M	Prime Movers Lab, Rio Tinto & 14 others	63/100
6th	Charm Industrial 2018, San Francisco (United States), Series B	Operator of carbon removal technology converting biomass into bio-oil for sequestration	$108M	General Catalyst, Seek Ventures & 15 others	62/100
7th	UNDO 2022, London (United Kingdom), Series B	Provider of carbon removal services	$12M	AENU, Lowercarbon Capital & 56 others	62/100
8th	Agreena 2016, Copenhagen (Denmark), Series B	Scaling regenerative agriculture through carbon credits and sustainable supply chain solutions	$84.2M	Kinnevik, Giant Ventures & 11 others	62/100
9th	Univers 2003, Singapore (Singapore), Unfunded	Provider of comprehensive decarbonization solutions	-	-	61/100
10th	Summit Carbon 2021, Ames (United States), Series A	Operator of a pipeline system for carbon dioxide capture and transport	$1.32B	The Rise Fund, Continental Resources & 2 others	60/100
64th	Soletair Power 2016, Lappeenranta (Finland), Seed	Developer of building-integrated direct air capture technology	$2.86M	Suffice, Halton & 4 others	36/100