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Aureliaturbines

Early Stage Startup





Tagline

The most efficient small gas turbines in the world.



Elevator Pitch

Aurelia Turbines manufacturers the most efficient small gas turbines in the world.

Aurelia Turbines have successfully commercialised technology developed in Lappeenranta University of Technology, Finland. The pedigree of this technology has been established over 30 years of Research and Development in high speed technology and fluid dynamics. The company has extensive immaterial rights on the core technology and continue to develop a portfolio of IP protection around the product and its application.

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. To this end Aurelia will retain the core expertise and are employing industrial, world-class partners to ensure component scalability and ease of integration into Aurelia’s own technology.

Company has been able to raise substantial interest in the markets and has by this time signed LOI's of almost 100 M€ worth of deliveries.

Product

Small gas turbine providing 400 kW of power with efficiency above 40%. The turbine has possibility to provide efficient steam-CHP solutions for the SME industry below 2 MW of power.



Why we are ecofriendly

The turbine efficiency says it all; it's better than with any other technology in this scale and applications. This enables the industrial customers to deduct their primary energy consumption as much as 40%. Furthermore we have - typical to turbines - very low emissions on NOx, etc. This added with the fuel flexibility for renewable fuels underlines it all.


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Version History

2016-04-26 07:04:43 - changed people to 'Tony Hynes - Commercial Director Marika Gallar - Operations Director Toni Hartikainen - Project Manager'

2016-03-24 17:14:22 - changed ecopitch to 'The turbine efficiency says it all; it's better than with any other technology in this scale and applications. This...'

2016-03-24 17:13:11 - changed productpitch to 'Small gas turbine providing 400 kW of power with efficiency above 40%. The turbine has possibility to provide...'

2016-03-24 17:13:08 - changed pitch to 'Aurelia Turbines manufacturers the most efficient small gas turbines in the world. Aurelia Turbines have...'

2016-03-24 17:10:01 - changed pitch to 'Aurelia Turbines manufacturers the most efficient small gas turbines in the world. Aurelia Turbines have...'



Website



Fundraising

Growth funding starting late 2016

Capital Raised

>2 M€

Grants Raised

~ 300 k€

Employees

< 10

Investors

Green Campus Innovations Oy, Cleantech Invest Oyj, Capillary Oy, Finnish & German angel investors, altogether almost 30 shareholders

Customers

Industrial customers, real estate investors, hospitals, data centers, renewable energy producers, O&G companies, etc.




Awards

Nordic Cleantech Open Top 25 2014/2015, Rushlight Awards 2015/2016 Commended, Top 30 Most Promising Energy Startup in Europe 2016


Country of Origin

Finland

Founded

2013

Twitter



Team

Matti Malkamäki - CEO

Tony Hynes - Commercial Director
Marika Gallar - Operations Director
Toni Hartikainen - Project Manager

Contact Person

Matti Malkamäki

Headquarter

Laserkatu 6
53850 Lappeenranta
Finland