Tesi exits battery diagnostics startup Akkurate

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The global metal and mining corporation Sandvik acquires Akkurate, a Finnish startup developing analytics software for batteries.

With the transaction and the know-how Akkurate brings with it, Sandvik will advance the electrification of its operations.

Tesi’s investment in Akkurate was made from the Venture Bridge special investment programme that was established to mitigate the negative effects of the corona pandemic and closed for initial investments at the end of March 2022.

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Additional information:
Samppa Sirviö, Investment Manager, Venture Capital Investments
samppa.sirvio@tesi.fi
+358 50 518 6063

Tesi (Finnish Industry Investment Ltd) is a state-owned investment company that wants to raise Finland to the front ranks of transformative economic growth by investing in funds and directly in companies. We invest profitably and responsibly, hand-in-hand with co-investors, to create the world’s new success stories. Our investments under management total 2.1 billion euros. www.tesi.fi @TesiFII