Finnish startup Vensum Power secures €9 million Series A for power conversion technology

Vensum Power, a Finnish startup, has raised €9 million in a Series A round to scale its power conversion technology for AI data centres and electrification.

Founded in 2018 and headquartered in Finland, the company employs around 20 people. It develops software-defined power conversion technology, which handles the conversion of electricity from one form to another in electrified systems and digital infrastructure.

The technology is designed to minimize energy losses during that conversion and to improve power efficiency. The company names several application areas: EV charging, energy storage, DC microgrids and AI data centres.

The available text does not name the investors in the round, give details of how the funds will be spent, or provide performance figures for the technology, such as how much loss it avoids. It also does not mention customers or commercial deployments.

The focus on AI data centres and electrification points to the broader pressure on power efficiency as digital infrastructure and electric systems expand. Reducing losses at the conversion stage is the problem Vensum is built to address, and the Series A is meant to help it scale that work.