Merus Power

1. 19 Nov 2025

   Funding round

   €5.0M

   Cumulative €5.0M

Amounts in EUR, converted at the ECB rate on the event date. Funding totals exclude debt, grants and state aid; rounds whose instrument is not yet established are still counted. Every figure links to its source.

• Launch30 Sep 2026

  Merus Power is expanding its electricity storage sales beyond Finland to other EU countries, with projects underway in Poland and Latvia.

  ▸Source: Kauppalehti

  “Uusiutuvan energian raju lisääntyminen kiihdyttää sähkövarastojen kysyntää Euroopassa. Ylöjärveläisyhtiö Merus Power aikoo napata tästä kasvusta oman osansa.”

  Read at Kauppalehti

• Launch01 Jul 2026EUR 8.0M

  Merus Power will deliver an energy storage system worth over €8 million to Exilion at the Varevaara wind farm in Tervola.

  ▸Source: Tekniikka & Talous

  “Merus Power toimittaa Exilionille yli kahdeksan miljoonan euron arvoisen sähkövarastokokonaisuuden Tervolan Varevaaran tuulipuistoon syksyllä 2027.”

  Read at Tekniikka & Talous

• Funding19 Nov 2025EUR 5.0M

  Nordic development finance institution Nefco provided EUR 5 million in debt financing to Merus Power to support its international expansion into Northern and Central Europe, partly backed by the European Investment Fund. This is separate from the company's July 2026 launch event already on file.

  ▸Source: nefco.int

  Read at nefco.int

• Kari Tuomala

  CEO, Chief Executive Officer

What does Merus Power do?

Renewable energy technology company

When was Merus Power founded?

Merus Power was founded in 2008.

Where is Merus Power headquartered?

Merus Power is based in Finland.

How much funding has Merus Power raised?

Merus Power has raised €5.0M (across 1 round · last 19 Nov 2025).

What was Merus Power's latest funding round?

Merus Power's most recent disclosed round was a funding round of €5.0M, announced 19 November 2025.