Tamturbo has cleared yet another stage in the Nordic Cleantech Open competition and placed in the Top 10.
The new short list has been picked from the previous 25 participating companies. In total, a record-breaking 107 cleantech companies have participated in the competition.
First, a jury consisting of over 50 representatives from venture capital funds and industrial companies have graded the companies. Then the entrepreneurs from the 25 best companies have met large parts of the jury in order to further strengthen their cases. Based on these meetings the jury have then selected the top 10, the best of the best out of the 107 applicants.
Tamturbo’s high placement in the Nordic Cleantech Open continues the string of successes that the company has had since launching its high-speed turbo compressor. From its very first introduction at the Hannover ComVac Fair in spring 2013, the new compressor has stimulated extensive international demand in the multibillion-euro compressed air market.
As a direct result of these successes, Tamturbo has signed their first orders that aim at significant, long-term partnerships internationally. In addition, negotiations with a number of other potential partners around the world are on the way.
Tamturbo’s product development has proceeded to the point where the first compressors will be delivered to the first industrial customer in Finland in summer 2014. The first OEM partners, i.e. other compressor manufacturers worldwide, will receive their units for compressor package development and testing simultaneously.
The Nordic Cleantech Open competition will proceed in multiple stages. The winners will be announced at the final event in Stockholm on May 19.
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Tamturbo Oy, based in Tampere, Finland, is doing a global breakthrough in the multibillion-euro compressed air business. Industry consumes 10% of its electricity in the production of compressed air. More and more applications require compressed air that is not only efficiently produced but also completely oil-free. Tamturbo’s products and business idea are based on these factors.
Tamturbo’s oil-free turbo compressors meet the needs of the most demanding process applications, such as pharmaceuticals, food and beverages, electronics, paper and chemical. In these processes, any risk of oil contamination must be excluded. Compared to any other known solution Tamturbo’s compressors offer the most advanced solutions available for compressed air free of oil.
For more information about the competition and the companies, visit: