Aurelia Turbines wins cleantech prize at European Venture Contest Final

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The European Venture Contest Final is a leading European network and investment event for high-growth technological start-ups, venture capital investors and technological corporations. Aurelia Turbines - an SME Instrument innovator that manufactures small efficient gas turbines - attended the event thanks to a partnership between SME Instrument and the organiser TechTour and won The European Venture Contest Final Prize for Cleantech.

"We especially like the concept as it has different angles, how it approaches the companies" said Matti Malkamäki, CEO of Aurelia Turbines."We attended for example Nordic and CleanTech events on our Tour. Thus we were able to meet investors having their focus on these segments. The final event was naturally best of all as it gathered most investors to meet with." 

The European Venture Contest Final offers the opportunity for entrepreneurs to grow their businesses across borders and engage directly with Europe’s most active investors. The EVC Final presented 100+ innovative companies from all over Europe to an international audience of investors, key corporates and innovation experts.

Four SME Instrument-funded companies presented their ideas in the contest:

AlgaEnergy is a biotechnology based company which consolidates an unparalleled level of knowledge in the field of microalgae, acquired across over 4 decades of research carried out by the main Spanish Universities involved with the company.

Aurelia Turbines manufacturers the efficient small gas turbines. The strategy of the Aurelia team from the outset, has been to have a world class product with high reliability and high efficiency achieved with modular components.

Lumenaza offers software to transform any energy market player into an innovative digital utility.

Wavepiston developed a very promising wave power technology. In a consortium with Vryhof Anchors, Fiellberg and the Technical University of Denmark we are testing our ½ scale prototype in the North Sea.

The SME Instrument is bringing companies to matchmaking events and trade fairs in the context of its Business Acceleration Services. Keep up to date about new in our calendar of events

Horizon 2020; SME Instrument; Business Acceleration Services