invests in Aisti’s €29M Series A to scale innovative, sustainable acoustic solutions with carbon-negative technology
Summary
Jyv\xe4skyl\xe4, Finland Voima Ventures proudly announces its latest investment in Aisti, a Finnish technology company developing innovative wood fibre based acoustic tiles. Aistis 29 million Series A funding round will support the construction of its first commercial factory in Kitee, Finland, enabling the company to scale production of its patented Aisti\xae Teno tiles.Aistis acoustic tiles provide a renewable alternative to traditional mineral wool materials, offering a human friendly solution that does not need plastic binders or irritating rock wool fibres in its production. Leveraging foam-forming technology, Aisti transforms lignocellulosic fibres into lightweight, porous tiles that excel in modern construction applications, from ceilings to thermal insulation and packaging.As the construction industry faces mounting challenges in reducing carbon emissions, Aistis carbon-sequestering tiles represent a transformative step toward greener building practices, said Jussi Sainiemi, Partner at Voima Ventures. Additional support came from Norion Bank and Finnvera.With this funding, Aisti aims to achieve an annual production capacity of 2.5 million square meters by 2026, targeting the Nordic markets growing demand for sustainable building materials. The company has already secured off-take agreements representing 6.8 million in annual value, equivalent to 3% of the Nordic acoustic solutions market.Co-Founders From left to right: Mikko Paananen (CEO), Petri Jetsu (CTO), Antti Fredrikson (COO)This funding allows us to move forward with constructing the Kitee factory, which enables our long-term commercial plans.