{
  "id": 18461461,
  "title": "Vensum Power raises €9M to cut power losses in AI data centres, EV charging and energy storage",
  "url": "https://urgent.news/2026/11/06/vensum-power-raises-9m-to-cut-power-losses-in-ai-data-centres-ev",
  "topic": "ai",
  "section": "AI",
  "published": "2026-11-06T06:45:15.000Z",
  "source": {
    "name": "Tech.eu",
    "slug": "tech-eu",
    "url": "https://tech.eu/2026/11/06/vensum-power-raises-eur9m-to-cut-power-losses-in-ai-data-centres-ev-charging-and-energy-storage/"
  },
  "original_language": "en",
  "account": "Finnish deeptech firm Vensum Power has recently secured €9 million in a Series A funding round, led jointly by Lifeline Ventures, Larsen & Toubro Group and Eviny Ventures. This investment will bolster the production of its power conversion technology and enable the company to expand its reach into the AI data centre sector. The total capital raised by Vensum Power now stands at €15.2 million.\n\nVensum Power's innovative software-defined power conversion platform aims to boost energy efficiency by minimizing electricity losses during power conversion. This technology is applicable to various domains, such as electric vehicle (EV) charging, energy storage systems, and DC microgrids. With the global demand for electricity on the rise, cutting down on energy losses during power conversion has become a pressing concern.\n\nThe company's software-defined approach allows its converters to maintain high efficiency even when electrical loads undergo rapid fluctuations. This ensures that power capacity is utilized more effectively, addressing the challenges posed by the increasing electricity demand in AI data centres. These centres are facing growing electricity requirements and limited power availability, making efficient electricity delivery to computing infrastructure crucial.\n\nVensum Power's CEO, Peter Nisula, remarked that the funding signifies a pivotal shift for the company from technology development to industrial-scale production. Moreover, the investment opens doors for the company to apply its technology in AI data centres. Nisula explained that as data centres evolve, the focus is not solely on the power of the chips but also on how efficiently the electricity reaches them.\n\nWith the new capital, Vensum Power intends to commence mass production of its power conversion platform in 2027. This will encompass EV charging, energy storage, and DC microgrid applications, alongside extending its technology into the burgeoning AI data centre market.",
  "summary": "Finnish deeptech companyVensum Power has raised €9 million in a Series A funding round co-led byLifeline Ventures, Larsen & Toubro Group and Eviny Ventures. The investmentwill support the mass pro...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}