We are very proud to present the top 25 Nordic Cleantech start-ups.

This third edition of the Nordic Cleantech Open competition saw a record breaking 107 cleantech companies applying. An international jury of more than 50 influential representatives from multinational companies and venture capital have been involved in selecting this year’s top 25. Among the jury members are representatives from International Finance Corporation IFC (Int), IdInvest Partners (France), Evonik Corporate Venturing (Germany), General Electric, Veolia (France), Tsing Capital (China), Dow Chemicals (Switzerland), Fortum (Finland), Grundfos (Denmark), The Swedish Energy Agency and others.

“The Nordic Cleantech Open is always a great opportunity to discover new and innovative  companies from Scandinavia. This year’s cohort is diverse and promising, we are very much looking forward to meeting with the entrepreneurs.” Says Julien Mialaret, Investment Manager at Idinvest Partners, France.

This year Estonia was invited to participate in the competition and what a first year they had! With 11 companies entering, two of them made it to the top 25. Sweden, as previous years, had the most entrants and the biggest share of the top 25 as well. Norway had the best results in terms of share of entrants that made it to the top 25.

”We see an ever increasing flow of brilliant, innovative companies coming out of the Nordic and Estonian innovation systems. This is what’s next! It is a great display of what the future holds. Trends that we see is that they are increasingly innovative, solves real industry problems and are driven by younger and more hungry teams. This bodes well for the future”, says Magnus Agerström, Managing Director of Cleantech Scandinavia organisers of the Nordic Cleantech Open.

The selection of the top 25 is just the beginning for these companies. An intensive program lies ahead. 8-9th March the international jury and the companies will meet for a weekend at Nordic Camp at Trolleholm Castle. In April a group of the companies will go to Paris to meet with European investors and industrials at the Nordic Cleantech Showcase. The winners will be announced at the finals in Stockholm, May 19th.

Read the full press release here. Read more about the top 25 companies here.