Steady Energy

Compact nuclear heating plants (LDR-50) for carbon-free district heating. VTT spin-out; a full-scale non-nuclear pilot plant is being built at a decommissioned coal plant in central Helsinki, with preliminary agreements for 15 reactors in Finland and first commercial plants targeted for the early 2030s. Listed on Nasdaq First North Growth Market Finland since 2 Oct 2026 (STEADY) through a reverse merger with 3North Partners.

The row

Sector

Energy, Climate & Environment

Stage

Pre-revenue — No sales yet

Location

Espoo

Founded

2023

Research origin

VTT

Business ID

3364479-3 · Finnish trade register

Funding

€32M round (announced 3/2025: €22M led by 92 Ventures, completed 7/2025 with LocalTapiola, Tesi, Move Energy, Valo Ventures); listing package (9/2026): €69.8M in subscription commitments (incl. Elo, Fortum, Ilmarinen, Tesi, Varma), up to €40M EIB convertible loan, and an oversubscribed IPO of up to €5M (500,000 shares at €10)

Links

Where this sits on the map

Steady Energy is one of 32 companies in Energy, Climate & Environment. The others:

How this row was decided

Every row on this map is checked by hand against the trade register and the company's own material, and placed in the sector that best describes its business or its technology. Service firms and consultancies are left out, however advanced the technology they work with — the test is where the revenue comes from. Only funding figures the company or its investor has published are shown. The full rules are on the landscape ↗