Finnish Industry Investment

Investment in Endev Oy

03/12/2019

We advised Finnish Industry Investment (Tesi) in their investment in a Finnish clean tech company Endev Oy.

Endev Oy is a Finnish clean tech company that provides thermal treatment solutions for wastewater and other industrial sludges.  Endev´s innovative solution has been developed to handle municipal sludge locally, efficiently and economically. The technology utilises the energy and nutrients from the sludge while destroying medical residues and micro plastics.

Industry Investment is a Finnish state-owned investment company that has a mission to develop Finland’s venture capital and private equity market in a commercially profitable manner as well as to promote Finnish business and Finland’s economic growth. It had investments under management of €1.2 billion at the end of 2018.

The Team

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