Aisti Corporation Secures €29 Million to Build First Commercial Factory in Kitee

We acted as legal and financial advisors to our long-standing client, Aisti Corporation, throughout its funding rounds, including the latest €29 million financing package. This investment marks a major milestone in Aisti’s industrial development, supporting the construction of its first commercial factory in Kitee.
With this new facility, Aisti will bring its innovative natural wood fiber-based acoustic tiles to the modern construction industry, addressing the rising demand for sustainable building solutions across the Nordics and beyond.
Mikko Paananen, CEO & Founder of Aisti Corporation, commented:
“The Eversheds team, led by Antti Husa and Antti Liimatainen, has supported us from the seed round to the successful completion of this A-round. Their holistic advisory—covering legal, commercial, and IPR aspects—along with their long-term commitment to our fundraising efforts, played a key role in securing this milestone investment.“
Partner Antti Husa added:
“Advising Aisti on this investment journey has been an exciting experience. We are proud to support Aisti in all legal and IPR-related matters as they bring their groundbreaking innovation to market—one that will significantly reduce the environmental impact of the construction industry.“
Aisti manufactures patented bio-based acoustic tiles made from wood fiber. These sustainable, high-performing, and cost-effective solutions offer an eco-friendly alternative to traditional mineral wool acoustic panels.
The assignment was led by Partner Antti Husa, supported on the legal side by Specialist Counsel Kalle Klemetti, Senior Associate Lavinia Husa, and Senior Legal Trainee Titta Peltonen. On the financial side, key contributors included COO Antti Liimatainen, M&A Managers Santeri Vaattovaara and Max Tarkkala. Patent Attorney Akseli von Koch played a crucial role in managing Aisti’s patent portfolio and IPR strategy.
🔗 Read more on Aisti Corporation’s website