Liquid Sun secures funding to build an eSAF demonstration unit in Finland

In Finland, Finnish technology company Liquid Sun said it has secured nearly $4.2 million in funding, which will drive the company to initiate Finland’s first eSAF production testing facility. “Securing significant funding and oversubscribing the investment round in such a challenging market situation demonstrates that Liquid Sun has proven in a very short time to be a serious player in the e-fuel market. Now, the real work begins as we start scaling up the production of eSAF to an industrial scale, and through that, help drive Finland towards its emission reduction goals and a cleaner future,” said Samuel Thesleff, Chairman of Liquid Sun’s board. Liquid Sun has secured Voima Ventures, a venture capital firm focusing on clean technology, as its lead investor. Voima’s portfolio includes companies like Solar Foods Plc, which produces protein using carbon dioxide captured from the air, hydrogen, and electricity; Enifer Oy, which recycles agricultural by-products; and the Swedish company Cellfion AB, which develops hydrogen, battery, and ion separation technologies. Also playing a key role as a co-lead investor is Failup Ventures, a Finnish-American venture capital firm, and Business Finland. “We’re excited to invest in Liquid Sun because they’re tackling one of the toughest problems out there: creating sustainable fuels for a cleaner future. Their technology to turn CO₂ and water into renewable e-fuels isn’t just innovative—it’s the kind of ambitious, high-impact idea that could transform industries and make a real difference for the planet. This is exactly the type of work we love to support,” said Topias Soininen, GP at Failup Ventures.

More on the story.