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Vensum Power raises €9M Series A to cut power losses in AI data centres

Finnish deeptech Vensum Power has raised €9 million to mass-produce its software-defined power converters and expand into AI data centres.

Power conversion hardware inside a modern data centre, illustrating efficient electricity delivery to AI computing infrastructure.
Image: Tech.eu

Finnish deeptech company Vensum Power has raised €9 million in a Series A round co-led by Lifeline Ventures, Larsen & Toubro Group and Eviny Ventures. The money will fund mass production of its power conversion technology and its push into AI data centres. Total capital raised now stands at €15.2 million.

The company develops a software-defined power conversion platform that aims to improve energy efficiency by reducing the electricity lost when power is converted. Target applications include electric vehicle (EV) charging, energy storage systems and DC microgrids.

Efficiency under changing loads

As electricity demand keeps growing, losses during conversion matter more. Vensum Power says its software-defined approach lets its converters stay highly efficient even when electrical loads change rapidly, which helps operators make better use of the power capacity they already have.

The company is now also targeting AI data centres, where rising electricity needs and limited power availability create extra pressure. Its technology is meant to improve how efficiently electricity reaches computing infrastructure, so facilities can get more from their existing capacity.

CEO Peter Nisula said the funding marks the move from technology development to industrial-scale production, and opens the door to AI data centre applications. "The question in data centres is no longer only how powerful the chips are, but how efficiently the used electricity actually reaches them," he said. Thanks to the software-defined approach, he added, the converters operate consistently at extremely high efficiency even with rapidly changing loads.

What comes next

With the new capital, Vensum Power plans to bring its power conversion platform into mass production in 2027. It will first target EV charging, energy storage and DC microgrids, while extending the technology into the AI data centre market.

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Tags:vensum powerseries apower conversionai data centresev chargingenergy storage

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