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Finnish startup Vensum Power raised €9 million in a Series A round co-led by Lifeline Ventures, Larsen & Toubro, and Eviny Ventures. The company aims to move its software-controlled power converters to mass production by 2027, targeting AI data centers and EV charging. CEO Peter Nisula states the tech reduces power loss from 7-10% to 3-5% compared to conventional converters.
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