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Merus Power, based in Finland, provides battery energy storage and power quality products for industrial customers.
Founded in 2008 in Finland, Merus Power sells the Merus Energy Storage Solution, Merus Active Harmonic Filter and Merus STATCOM to large industrial clients and renewable energy developers in over 70 countries. Revenue comes from direct sales and long-term partnerships. In April 2013 it raised EUR 2.5 million from Inventure and VNT Management, and it has completed 2 deals. Revenue for 2023 was EUR 31,423,504.60, with EBITDA of EUR 202,698.20.
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