Aisti funding news – Jyväskylä-based Aisti has Secured €29 Million in Series A Round Funding

The funds will primarily be used to build Aisti's first commercial factory in Kitee, Finland, helping the company bring its Aisti® Teno acoustic tiles to the construction market.

The funding round attracted prominent investors such as Voima Ventures, Maki.vc, Finnvra, and the Valve Ventures consortium, along with contributions from private investors.

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Non-equity financing also played a significant role, including €5 million in loans from Norion Bank, €7 million in grants from the South Savo ELY Centre, and an €8.5 million capital loan from the Finnish Climate Fund.

Mikko Paananen, CEO and Founder of Aisti said, “With Aisti’s technology, we’re finally introducing a cutting-edge, cost-effective acoustic solution for the construction industry. Playing a pivotal role in modern construction, our tiles set new standards for how advanced, natural materials can enhance both performance and design,”.

Aisti was founded in 2019 by Mikko Paananen, Antti Fredrikson, and Petri Jetsu. The company has raised €32 million to create new acoustic solutions and help reduce the construction industry’s carbon footprint. With a team of eight people, Aisti aims to develop modern products that meet both construction needs and sustainability goals.

It acoustic tiles offer a sustainable, high-performance alternative to traditional mineral wool materials. The tiles are free from plastic binders and irritating fibers, making them safe, recyclable, and affordable. They are also designed to improve well-being and functionality in modern spaces.

It's innovation comes from its patented foam-forming technology, which turns wood fibers into lightweight, porous tiles. These tiles offer a renewable alternative to traditional mineral wool materials used in suspended ceilings and can also be used for thermal insulation, packaging, and composites.

The new factory in Kitee will help Aisti produce 2.5 million square meters of tiles each year. The company plans to focus on the Nordic market, where there is growing demand for sustainable building solutions. Aisti has already signed agreements worth €6.8 million annually, covering 3% of the Nordic acoustic tiles market.

Paananen added, “This funding allows us to move forward with constructing the Kitee factory, which enables our long-term commercial plans. We aim to first serve the Nordic market, meeting the growing demand for more natural building solutions in the region. We’re thrilled to have strong support from investors and other partners as we embark on this next growth phase and bring our product to market.”

The Aisti® Teno tiles are expected to hit the market by the second half of 2026, offering a sustainable alternative that aims to match the performance and affordability of traditional options.

Pirkka Palomäki, Partner, Maki.vc said, “We are proud to support Aisti in its mission to revolutionize acoustic solutions with sustainable, high-performance materials. This funding milestone marks not only the start of an exciting growth phase but also a transformative step for the construction industry as a whole,".

About Aisti

Aisti makes bio-based acoustic tiles from wood fibers that are sustainable, high-performing, and affordable. These tiles can easily replace traditional mineral wool materials, which are often irritating. Their product is innovative, natural, and recyclable, making it safe for both people and the environment.