Nordic Nano Group and Donut Lab – a Finnish energy startup takes on the renewable future!

About 2 min read

Imagine a world where electric cars charge in minutes and their batteries last for decades – Nordic Nano Group Oy is aiming for that with Donut Lab’s solid-state battery! The Helsinki startup, founded in 2024, received a significant investment from Donut Lab Oy in July 2025, cementing their partnership. With Esa Parjanen as CEO, Mattipekka Kronqvist as chairman and Jarkko Aro as COO, the team is heading for the front line of nanotechnology. The collaboration promises a global breakthrough in renewable energy – batteries that don’t give up in the cold or overheat dangerously!

Nordic Nano Group is a private renewable-energy company built around nanotechnology – and now around the solid-state battery developed by Donut Lab. The founders hold the majority of the shares, but Donut Lab’s July 2025 investment opens the door to mass production. According to Donut Lab, its all-solid-state battery does away with liquid electrolytes and reaches an energy density of 400 Wh/kg – which would enable longer range for EVs and lighter packs for aircraft. According to Donut Lab, the battery charges fully in five minutes, lasts up to 100,000 cycles and keeps over 99% of its capacity at −30 °C (−22 °F). Globally this could transform EVs, aviation and renewable energy storage – fewer fire risks, longer lifespan and faster charging for everyone. The investment strengthens Nordic Nano Group’s position in nanotechnology and brings a solid-state solution to market – the world’s energy is getting more sustainable!

Nordic Nano Group and Donut Lab are like a secret weapon in the energy sector – powerful and surprising! Globally it could mean a greener future for everyone. Fun fact? You could say Donut Lab’s battery is “glazing” the world with success – innovation rolling on like a wheel!

Nordic Nano Group

  • Founded: early 2024
  • Headquarters: Helsinki (Tallberginkatu 2)
  • Production: Imatra
  • Management: Esa Parjanen (CEO), Mattipekka Kronqvist (Chairman), Jarkko Aro (COO)
  • Investment: Donut Lab Oy (July 2025, solid-state battery)
  • Battery specs (according to Donut Lab): 400 Wh/kg, 5-min charge, 100,000 cycles, works at −30 °C (−22 °F)

Source: Donut Lab solid-state battery