Vensum Power is a Finnish startup that specializes in power conversion, with a focus on miniaturizing converters and increasing efficiency. Founded in 2019, the company has garnered attention for its development of compact power converters featuring market-leading efficiency and a wider operating range. Vensum's technology has versatile applications, ranging from fast electric vehicle (EV) charging to renewable energy solutions, making it relevant in multiple industry sectors such as Energy and Renewable Energy. This innovation is made possible through the introduction of Software-Defined-Power-Conversion, a proprietary method that effectively minimizes switching losses.
In May 2023, Vensum Power secured a significant €1.70M Debt Financing investment from Business Finland, signifying a strong show of support for the company's pioneering technology. This funding will likely propel Vensum Power to further advancements and breakthroughs in the realm of power conversion, ultimately positioning the company as a major player in the energy and renewables landscape.