Merus Power

📍 Ylöjärvi, Finland🗓 Founded 2008👥 104 employees💰 Last funded Mar 2024
Appliances, Electrical, and Electronics Manufacturing🌐 meruspower.com
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Merus Power is a technology company headquartered in the city of Ylöjärvi, Finland where we design and manufacture innovative Finnish battery energy storage systems and power quality solutions. Scalable and modular power electronics, intelligent software technologies, and electrical engineering expertise are the base of our business. Our innovative Merus® technology enables the use of our products and services in a wide range of different application needs. We accelerate the renewable energy transition by enabling easy grid connection, ensuring grid stability and grid code compliance. Our energy storage system supports the grid by balancing production and consumption while allowing participation in the Frequency Reserve markets. We turn the challenges of renewable energy into a brand-new source of income. Our power quality solutions reduce electrical disruptions caused by poor power quality, improving the profitability and energy efficiency of customers’ operations, and achieving significant energy and cost savings. In addition, by enabling better power quality in industrial and commercial applications, we contribute to the reduction of CO2 emissions and help customers achieve their sustainability goals. We provide a wide range of support services together with our local and global partner network. Our Merus® Services ensure the return and optimal operation of our customers’ investments throughout their life cycle. Our growth is supported by global megatrends such as climate and emission targets from public and private players, green transition with various related investment programs, and sustainability goals. Our customer base is diverse and consists of players in the fields of industry, power generation, and renewable energy, among others. Join us in creating a more sustainable and energy-efficient future!
3
Total investors
0
Early stage
1
Mid stage
0
Late stage
2008
Founded

Investors

3 investors
All
Early stage
Mid stage
Late stage
Investor geography1 country
Finland
3
Investor activity2013–2024 · investors recorded per year
201312021120241
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Merus Power?
Merus Power has 3 investors on record on gritt.io, 1 mid-stage.
When did Merus Power last raise funding?
The most recent investment in Merus Power recorded on gritt.io was in March 2024.
When was Merus Power founded?
Merus Power was founded in 2008.
What industry is Merus Power in?
Merus Power operates in Appliances, Electrical, and Electronics Manufacturing. Find similar Appliances, Electrical, and Electronics Manufacturing investors on gritt.io.
Where is Merus Power based?
Merus Power is headquartered in Ylöjärvi, Finland.