Tesi new significant owner of Netled providing solid base for follow-on financing
Finnvera sells its remaining venture capital investing operations to Tesi, Finnish Industry Investment Ltd. The sale includes the European Regional Development Fund (EAKR-Aloitusrahasto Oy), owner of 19,6% of Netled shares. The transfer puts Netled’s ownership on a very sound financial base where the new owners will be able to support Netled’s ongoing rapid growth and its aspirations to become the go-to global provider of vertical farming technology. Read more...
Netled looks into new opportunities for share trading platform
Trading in Netled Ltd.’s shares on the Privanet trading platform has ceased with effect from summer 2021 after the Finnish Financial Supervisory Authority withdrew Privanet Securities Ltd.’s authorisation.
“Shareholders need not be concerned about the situation. At the current time shares can only be traded between private individuals, but we are actively looking into the best solutions that will allow Netled shares to be traded again. The vertical farming market is experiencing rapid growth, which can also be seen in our order and offer portfolio. In October, we will hold a webinar for shareholders where we will address questions on this issue.” says Niko Kivioja, CEO of Netled.
An invitation to the webinar will be sent out to shareholders later this month.
Netled to hold Extraordinary General Meeting on 13th July via Webinar
Netled announces an Extraordinary General Meeting to be held on Tuesday 13th July. Due to continuing COVID 19 restrictions, the EGM will be held via webinar. Details of how to attend the EGM will be sent to shareholders via email.
For more information, please contact email@example.com
Green goes vertical
Netled is a fast-growing vertical farming technology company with global ambitions.
We believe that our Vera platform is the most advanced in the world, and also the most complete. Vera has multiple patents granted and many more pending. No compromises. Everything included except the bugs. That's what we call a complete Vera delivery.
A message from the CEO
“Netled is entering a phase of extremely fast growth as our cutting-edge technology penetrates further into the global vertical farming market. In response to this growth, we are rapidly scaling up our business with the single ambition of becoming the leading vertical farming technology provider in the world. Please join us on this exciting ride to the top!”
Niko Kivioja, CEO & founder, Netled Ltd.
Share & shareholders
Netled is a limited liability company trading stocks on the Privanet Securities exchange in Helsinki, Finland.
The Privanet Securities Ltd. trading platform is currently unavailable. We are awaiting further information from Privanet, and we will keep you updated on the situation. We apologize for any inconvenience caused by this break in service.
At the last registered trading date 10.05.2021, Netled's stock was trading at €47.40/share with a total market value of €14.1M
Our largest shareholders were at 18th January 2021:
1 EAKR-Aloitusrahasto Oy 58 436 shares (19,6 %)
2 Kivioja Esa Vilho 48 143 shares (16,2 %)
3 Winclean Oy 27 000 shares (9,1 %)
4 Booster Investment Oy 23 375 shares (7,9 %)
5 Kivioja Niko-Matti 21 032 shares (7,1 %)
6 Saunaranta Invest Oy 19 700 shares (6,6 %)
7 Kivioja Johanna 18 900 shares (6,4 %)
8 Granberg Karl-Olof 6 120 shares (2,1 %)
9 Frontier Liquidity Oy 5 800 shares (1,9 %)
10 Thomasset Oy 5 300 shares (1,8 %)
Total amount of shares: 297 598 shares
Niko is a seasoned professional in the controlled environment agriculture space. In addition to his background as a grower, he has worked for over a decade in high-tech closed environment and vertical farming technology development overseeing multiple large-scale vertical farming projects.
COO, Head of sales
Niko’s background in engineering and sales serves him well as Chief Operating Officer and in his responsibility for Netled's customer relations. Niko spends much of his time closing deals for large vertical farming technology projects.
Johanna is a Netled's Chief Procurement Officer. She looks after our supply chain, and she has, in addition to technology components, detailed knowledge of the vegetable business from the perspective of wholesalers, retailers and farmers.
Toni is a natural choice for Chief Technology Officer with nearly 15 years’ experience in the electrical and electronic manufacturing industry, a strong engineering background and a Degree in Electronics from Tampere University of Applied Sciences.
Sanna has worked for over seven years at Netled with a broad range of responsibilities, most recently as Business Controller. Sanna has a degree in Economics from Tampere University and many years professional experience in the finance departments of international railway concerns.
Head of Horticulture
Part of the Netled team since 2014, Arsi has a solid understanding of commercial farming, as well as combining technology and growing. He has a BA degree in Horticulture from Häme University of Applied Sciences specialising in greenhouse and nursery farming. He is also a qualified electrical technician.
Investor Relations & Communications Manager
A native of the UK, Robert has lived in Finland for over 22 years and has a background in language expertise and digital communications management in multinationals such as Nokia and Microsoft. He has also worked as a language and communications consultant in the Finnish parliament and other governmental institutions in Finland.
Board of Directors
Teuvo Rintamäki, Chair of the Board
Teuvo Rintamäki brings extensive experience to Netled's executive leadership. He has held several international management positions at Finnish industrial blue-chips Kone and Konecranes, where he served for eight years as CFO. In addition, Teuvo has 10 years experience on the boards of startups and growth companies, such as Safedo, Power Prof Partners, and Saunaranta Invest.
Esa Kivioja, Member of the Board, Founding partner
Esa is a serial entrepreneur, whose longest period as an entrepreneur was focused on indoor tomato cultivation: Esa founded the greenhouse company, KKK-Vihannes, which he ran for 25 years and was the market leader in Finland.
Johanna Kivioja, Member of the Board
Johanna is a Netled's head of procurement. She looks after our supply chain, and she has, in addition to technology components, detailed knowledge of the vegetable business from the perspective of wholesalers, retailers and farmers.
Seppo Lamberg, Member of the Board
Seppo has had a long career in purchasing and product development engineering in Nokia. He has broad expertise in the global purchasing of electronic components and technology development.
Ilari Alajoki, Member of the Board
Ilari is a successful serial entrepreneur. He has established several cleaning and personnel rental companies, and is currently a major shareholder in three companies in Pirkanmaa, Finland, with more than 500 employees.
Jussi Rintanen, Member of the Board
Jussi specializes in mergers and acquisitions, and corporate finance. Rintanen has been advising corporates for more than 20 years as an attorney. He also has years of experience on the boards of both small and mid-sized enterprises, especially in the field of energy business.
Investor Relations and Communications Manager
+358 50 484 0003