Capalo AI Oy

Based in Kuopio, Finland, Capalo AI Oy operates as a technology-based energy company that offers assets and energy storage systems to its clients and provides energy storage solutions using artificial intelligence and energy data. The company was Co-founded by Henri Taskinen (CEO) and others. In October 2023, Capalo AI Oy raised EUR 500,000 in pre-seed funding led by Innovestor. In March 2025, Capalo AI Oy raised EUR 3.

8 million in seed funding co-led by new investors VentureFriends and PROfounders Capital, with participation from other returning investors Inventure and Innovestor. The firm offers a multi-market optimization platform that helps users to control their battery fleets. It offers stand-alone battery energy storage systems (BESS), and distributed bess (virtual power plants) and provides energy asset management services. The company offers an artificial intelligence-based optimization algorithm that allocates battery capacity and stored energy.

The firm plans to use the March 2025 funding to expand its AI-driven virtual power plant, scale its battery asset management platform, and accelerate its European expansion to optimize energy storage and support the green energy transition. In February 2026, Capalo AI Oy raised EUR 11 million in series A funding led by Heartcore Capital, with participation from another Tesi, Innovestor, Inventure, PROfounders Capital, and VentureFriends. The February 2026 will use the funding to expand its virtual power plant across Europe and scale the optimization and trading of battery energy storage systems in additional markets.