Finnish startup Sofi Filtration raises $3.5 million
Finland-based Sofi Filtration, the provider of innovative industrial water filtration technology, has closed a $3.5 million funding round. The round was led by Emerald Technology Ventures – a globally recognized investment firm with participation from Voima Ventures – a deep tech fund that invests purely in start-ups with deep tech and scientific backgrounds. Along with the first transaction, a secondary transaction was conducted with selected investors, including Loudspring.
Founded in 2011 by Technical Advisor Pertti Rantala, Process Advisor Simo Aho, and CEO Ville Hakala, Sofi Filtration is a provider of innovative industrial water filtration technology. The company offers reliable and highly automated water treatment solutions with the best performance in the industry. Sofi Filter is an innovative solution for wastewater solution that can be used in many industries, such as mining, metallurgy and many others. They have patented a self-cleaning technology that takes microfiltration to the next level.
Sofi Filtration CEO Ville Hakala explains:
“For a number of years, now Sofi Filtration has developed its processes to effectively enter new markets and has established brand awareness as the go-to technology when it comes to automatically self-cleaning microfiltration. To address the tremendous growth opportunities, we set ourselves out to find the best investors in our specific field of business. With this financing round, we will have the resources to grow our business to the technology’s full potential.”
The raised funds will allow the startup to accelerate its market potential. To date, the company’s team has over 40 combined years of experience in heavy industry water treatment processes, such as the minerals processing industry.