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Aurelia Turbines

Aurelia has developed a small power plant which, with electrical efficiencies above 45%, is perfect for the growing distributed CHP market.

  • Stage Product In Development
  • Industry Industrial/Energy
  • Location Lahti, Finland
  • Currency EUR
  • Founded June 2013
  • Employees 6
  • Website

Company Summary

Aurelia builds and sells microturbine based small-scale power plants, developed by industry experts in Finland using proprietary technology. The product meets the growing need for high-availability, high-efficiency, low-emission, grid-independent power plants that will form the distributed power network of the future. Customers include industrial players, in developed and developing countries. The company has LOIs for over 250 turbines.


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    Matti Malkamaki

    Matti is a career energy expert. With degrees in Industrial Economics and Business, Matti spent 6 years at Fortum subsidiaries in the UK and Europe before moving into the biogas and distributed energy business as founder and CEO of Greenvironment. Matti has extensive knowledge of microturbines and small-scale power plants both from a business and technical perspective. Matti is fluent in English, German and Finnish.

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    Martti Hintikka

    - Seed-investor at Innofinance since 2000
    - Excellent track record of developing start-ups & especially their board
    - Has been member in 30+ board of directors from small start-ups to listed
    - Vast network of financial & business contacts

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    Tony Hynes
    Sales Director

    - C-level director, a.o. GE, Calnetix, Capstone, Bowman turbines, etc.
    - Excellent track record of value increasing deals of 300+ M$ in last 36 months
    - Truly international network

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    Trevor Rainbow
    Sales Director

    - Director, a.o. Bilfinger, Capstone, E.On, etc.
    - Excellent track record of sales network development in EMEA– region

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    Henry Whittaker
    Financial Advisor

    - Finance director / manager, a.o. Cheyne Capital, Mercer Management
    Consulting, JPMorgan Chase, etc.
    - Business & strategic planning professional
    - Excellent network in finance
    - CFA