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Polar Night Energy

Polar Night Energy

Private
TampereEnergy & Sustainabilityhttps://polarnightenergy.com/

Last Round

Seed

Apr 3, 2024

Total Funding Raised

$11.07M

Company Overview

Polar Night Energy is a renewable energy company that designs and manufactures high-temperature, sand-based thermal energy storage systems to store surplus wind and solar energy as heat.

Sector

Energy & Sustainability

Verticals

Energy Storage, Renewable Energy, Energy Management

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting, Government Contracts

AI Layer

Non-AI

Keywords

sand batterythermal energy storageheat batterylong-duration energy storageLDESpower-to-heatdistrict heatingheating decarbonizationrenewable energy storageclimatetechgrid balancingindustrial heatP2Hpower-to-heat-to-powerP2H2Pheat-as-a-service

Historical Pricing

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Caplight Momentum Score

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Polar Night Energy Comparables

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Polar Night Energy comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Elstor Oy
87%
TheStorage
86%
Lumenion GmbH
86%

Polar Night Energy Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
SeedApr 3, 2024
GrantDec 12, 2023
SeedOct 13, 2021

Key People

Founding team and executive leadership

Markku Ylönen

Chief Technology Officer

Executive Team

Jani Liimatainen

Chief Financial Officer

Executive Team

Liisa Naskali

Chief Operating Officer

Executive Team

Polar Night Energy Investors

Notable investors and investment history

Polar Night Energy investors
InvestorRounds
Business FinlandGrant
HoldixSeed
PC Rettig & Co. ImpactSeed
Liquido VenturesSeed
Stephen Industries Inc OySeed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Nov 14, 2025

    Grew 15% QoQ, from 26 to 30 employees.

  • Jul 6, 2024

    Grew 16% QoQ from 19 to 22 employees.

Polar Night Energy Filings

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Polar Night Energy filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Polar Night Energy's valuation, stock price, and market status.

Is Polar Night Energy a public or private company?

Polar Night Energy is a private company.

What is the current stock price of Polar Night Energy?

Polar Night Energy is a private company with no public stock price. No recent secondary market data is available.

How much is Polar Night Energy worth (valuation)?

Valuation information for Polar Night Energy is not publicly available.

Can I buy Polar Night Energy stock?

Polar Night Energy shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Polar Night Energy's last funding round?

Polar Night Energy's most recent funding round was Seed on April 3, 2024.

Who are the main investors in Polar Night Energy?

Key investors in Polar Night Energy include Liquido Ventures.

Will Polar Night Energy IPO soon?

No public IPO plans have been announced for Polar Night Energy.

How can I track Polar Night Energy secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Polar Night Energy's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersTampere
Employee Range27
Year Founded2018
Last FundingApr 3, 2024

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