Filtrabit as an investment
Filtrabit is a flow-how company in the greentech sector. Our focus is on solving the dust control problems of industry and improving air quality inside and outside industrial plants.
New industry standard
The flow-dynamic filter has arrived. Extensive research together with universities and partner clients has resulted in an innovation that brings industrial dust control to the 21st century and the time of the 4th industrial revolution.
Competitive advantages
IPR based scalable business model
With partners responsible for strategic aspects of production, maintenance and distribution.
Operating lease model
Simultaneously increasing customer demand and lifetime value through flexible financing.
Superior, patented technology
Capable of meeting environmental and 4th industrial revolution related challenges.
Background
Established in 2011 to develop and commercialize an innovative dust separation system.
Developed dust separation through flow modelling together with the University of Oulu. Professor Pekka Mäntylä, who participated in the study, became a shareholder in the company.
Manufactured the first flow dynamics prototypes in the early 2010s.
In 2017, the EU’s Horizon 2020 research framework programme granted Filtra Group Oy a grant of EUR 1.6 million with the highest evaluation score in the history of the programme.
Filtrabit also received funding from Business Finland and private investors.
Market
1.45 B€ directly addressable market
Go-to-market strategy is focused on dust control in the steel, cement, mining and power & heat industries.
The EU directive 2016/2284
Requires all industry to reduce PM2.5 emissions below 10 mg/mᶟ.
Affects 143 000 plants in the EU.
Special challenge for the steel industry due to hot and dirty gases with outdated equipment.
Flow control sector
”The flow control sector has consistently outperformed broader industrials on economic profit as share of revenue.”
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Technology
Our patented flow-dynamic filtering technology answers the dust control and PM2.5 reduction needs of industrial clients in several industries. Enabling waste heat capture and material side streams – together with superior operability and filtering performance – amount to substantial economic, environmental and health benefits for clients.
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Company
Filtrabit is a flow-how company in the greentech sector. Our focus is on solving the dust control problems of heavy industry and improving air quality inside and outside industrial plants.
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References
Filtrabit technology is fully functional and in use in demanding operational environments like the coking plant of the SSAB steelworks in Raahe, Finland.
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Investor contacts
Kim Fagerlund
CEO
Joined Filtrabit in April 2024. Previously at Metso as Vice President of Technology in Metals and Minerals. Prior leadership positions in R&D and technical sales at Outokumpu, Outotec and Metso-Outotec, totalling 25 years of experience.
D.Sc., Material Science and Metallurgy
+358 40 772 7213
Christer Larsson
CFO
Joined Filtrabit in November 2022. Prior experience of more than 20 years in the financial industry and private equity across Europe and Asia. Former P&G, FedEx, and BNP Paribas.
M.Sc. Business Administration (Jonkoping International Business School & London School of Economics)
+33 767835141
Marko Valli
CIO
Co-founder of Filtrabit. Previously at TietoEvry in project and program management. More than 20 years of experience in IT, project business and business transformations in various customer industries.
M.Sc studies in Computer Science, Business Administration as minor
+358 40 764 9041
London
- Filtra Group Oy
- 53 Eastlake House Frampton Street
- LONDON NW8 LU
- United Kingdom
- +44 7990 908 822
- +358 46 887 4455
Espoo
- Innopoli 2
- Technopolis
- Tekniikantie 14
- FI-02150 ESPOO
- Finland