€9m · Series A · Energy · Espoo, Finland
Espoo-based Vensum Power has raised a €9m Series A from Lifeline Ventures, Larsen & Toubro and Eviny Ventures. The financing will move its software-controlled power converters towards volume production, with the company targeting commercial revenue in 2027.
Power conversion is becoming a data-centre bottleneck
Electricity is converted several times between the grid and the processors inside a data centre. Each conversion loses energy as heat, which adds both electricity demand and cooling load. Vensum’s approach combines power electronics with software control so converters can adapt their operating point rather than run around one fixed design condition.
That matters as operators prepare for higher-voltage architectures, including the 800-volt systems expected in future AI data centres. Higher voltage can reduce current and cable losses, but it also makes efficient, reliable conversion between grid, distribution and rack levels a more important part of the facility design. Vensum is positioning the same core technology for data centres, renewable-energy systems and industrial equipment.
Manufacturing is the next proof point
The Series A shifts the company from engineering prototypes towards repeatable production. That requires supplier qualification, manufacturing test systems and proof that efficiency gains survive real workloads and operating temperatures. Larsen & Toubro brings an industrial and data-centre route to market, while Eviny contributes an operator’s view of energy losses and grid constraints.
Vensum previously raised €3.8m in 2023. The new capital gives it a larger industrialisation budget, but the commercial test is straightforward: deliver converters at volume with enough efficiency, reliability and cost advantage to justify redesigning a critical part of customers’ power infrastructure.
Sources checked:
Tech Funding News interview · Vensum Power · Tech.eu Funding Explorer
