Grants and financial support

Company is financed by the private investors, such as Greencampus Innovations Oy, Capillary Oy and Holdix Oy, to name a few. Aurelia was one of the first companies in Europe to receive financing from the EU H2020 -program and has also received funding from different financing bodies owned by the local authorities and/or Finnish government.

Aurelia Turbines Oy has received funding from European Regional Development Fund for application engineering development and for manufacturing facility ramp up. Company has also received R&D funding from Business Finland and funding for a market feasibility study from Nopef.