Gorilla Capital Fund III has made its 48th investment in Elevolt
Date February 12, 2026
Author Gorilla Capital
Gorilla Capital invests in Elevolt
Gorilla Capital Fund III has made its 48th investment in Elevolt — an AI-driven electricity management platform that turns existing buildings into smart, cost-efficient, and flexible energy assets within a single day.
Elevolt combines patented hardware with an AI-powered interface to help property owners optimize electricity usage and automate savings based on real-time consumption and market data. With this new funding, Elevolt will accelerate commercialization, further develop its product and AI capabilities, and help more customers meet regulatory requirements with minimal effort.
“Optimizing electricity management has traditionally required massive, costly renovations and time-consuming manual work,” says Miska Karvinen, CEO and Founder of Elevolt.
“We built Elevolt to make saving energy as easy as possible. We’re moving from a world where property owners are blind to their energy spend, to one where buildings automatically optimize themselves. With Gorilla Capital joining us, we can accelerate our mission to make intelligent energy management a standard for every existing building — not just new ones.”
“Elevolt is addressing a critical bottleneck in the energy market,” says Risto Rautakorpi, Partner at Gorilla Capital. “The absolute strength of Elevolt’s solution lies in its retrofitability. While many competitors focus on complex overhauls, Elevolt makes existing buildings smarter through a practical, scalable, and capital-efficient approach. The team has shown a strong ability to learn quickly from customers and turn those insights into real value — exactly the kind of execution we back.”
Welcome to the Gorilla family, Elevolt!
We are pleased to partner with angel investors joining this round: Ismo Olkkonen, Jussi Heinilä, Kim Väisänen, Pekka Heikkilä, Pekka Samuelsson and Pekka Ylitalo.