Ilmatar: Funding, Investors & Team (Sep 2026)
Ilmatar is a project-oriented integrator in the field of renewable energy production with a strong focus on project execution. They make ideas come to life – ours as well as yours. Ilmatar aims at building 1 GW of new wind power capacity in Finland in the next five years. Through these, Ilmatar will have a remarkable positive effect in the reduction of carbon dioxide emissions in energy production. Ilmatar’s commitment to emission reduction offers a great legacy to future generations. Ilmatar identifies, develops, finances, constructs and operates renewable energy production sites. At the same time, they are constantly following the progress of new, carbon neutral or even carbon binding, energy systems to discover technologies and concepts that are mature enough for realization. Although Ilmatar is completely independent and free to pursue its own agenda for a cleaner future, they are not alone in their efforts, but enjoy the support of a vast network of domestic and international partners. Their most significant partners are Omnes Capital and EDF Renewables. Ilmatar’s local companies are in charge of the local project development, construction and operating of the wind farms. The group’s parent company is Ilmatar Windpower Plc.
Ilmatar has raised $243M across 1 funding round on record, the most recent an undisclosed round of $243M announced in May 2021.
That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.
Ilmatar Company Profile and Key Stats
Latest funding round on record: May 2021.
Ilmatar Funding Rounds
Ilmatar Founders and Leadership Team
Contact details for the Ilmatar team: 1 of 1 has an email address on file.
Start 14-day free trial →Ilmatar Funding Compared to Other Energy Startups
Ilmatar's latest round of $243M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.
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Ilmatar Funding FAQs
What does Ilmatar do?
Ilmatar is a project-oriented integrator in the field of renewable energy production with a strong focus on project execution. They make ideas come to life – ours as well as yours. Ilmatar aims at building 1 GW of new wind power capacity in Finland in the next five years. Through these, Ilmatar will have a remarkable positive effect in the reduction of carbon dioxide emissions in energy production. Ilmatar’s commitment to emission reduction offers a great legacy to future generations. Ilmatar identifies, develops, finances, constructs and operates renewable energy production sites. At the same time, they are constantly following the progress of new, carbon neutral or even carbon binding, energy systems to discover technologies and concepts that are mature enough for realization. Although Ilmatar is completely independent and free to pursue its own agenda for a cleaner future, they are not alone in their efforts, but enjoy the support of a vast network of domestic and international partners. Their most significant partners are Omnes Capital and EDF Renewables. Ilmatar’s local companies are in charge of the local project development, construction and operating of the wind farms. The group’s parent company is Ilmatar Windpower Plc.
How much funding has Ilmatar raised?
Ilmatar has raised $243M across 1 round on record. The most recent is an undisclosed round of $243M announced in May 2021.
When did Ilmatar last raise funding?
Ilmatar's most recent funding round on record is an undisclosed round of $243M, announced in May 2021.
Who is the CEO of Ilmatar?
Juha Sarsama is listed as CEO at Ilmatar.
Where is Ilmatar headquartered?
Ilmatar is based in Helsinki, Southern Finland, Finland.
How many employees does Ilmatar have?
Ilmatar is in the 11-50 employee band.
How does Ilmatar's funding compare to other Energy startups?
Ilmatar's latest round of $243M is above the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.
About FundedIQ's Ilmatar Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Ilmatar is left off this page rather than filled in.
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