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Neste

company

About

Neste is a forerunner in oil refining and renewable solutions.

Highlights

Stock Symbol
hel:NESTE
Total Funding Amount
€500M
Funding Rounds
2
Investments
3
Lead Investments
2
Acquisition
3

Details

Last Funding Type
Post-IPO Debt
Last Funding Money Raised
€500M
Industries
Oil and Gas
Founded date
Jan 9, 1948
Number Of Employee
1001 - 5000
Operating Status
Active
Stock Symbol
hel:NESTE

Neste creates sustainable choices for the needs of transport, businesses and consumers. Our global range of products and services allows customers to lower their carbon footprint by combining high-quality renewable products and oil products to tailor-made service solutions. We are the world's largest producer of renewable diesel refined from waste and residues, and we are also bringing renewable solutions to the aviation and plastics industries. We want to be a reliable partner, whose expertise, R&D and sustainable practices are widely respected. In 2015, Neste's net sales stood at EUR 11 billion, and we were on the Global 100 list of the 100 most sustainable companies in the world.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
€500M
Neste has raised a total of €500M in funding over 2 rounds. Their latest funding was raised on Jun 3, 2022 from a Post-IPO Debt round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 3, 2022 Post-IPO Debt €500M — — — Detail
Apr 29, 2005 IPO — — — — Detail

Investments

Number of Investments
Number of Lead Investments
3
2
Neste has made 3 investments. Their most recent investment was on Nov 17, 2022, when Circularise raised €11M.
Date Company Name
Round Money Raised Industry Lead Investor
Nov 17, 2022 Circularise
Series A €11M Environmental Consulting —
Jan 4, 2021 Alterra Energy
Corporate Round — Chemical Yes
Mar 6, 2020 Sunfire
Corporate Round — Energy Yes

Employee Profiles

Number of Employee Profiles
10
Neste has 10 current employee profiles, including Executive Peter Vanacker
Peter Vanacker
Executive
Minna Aila
Executive
Markus Heikkilä
Employee
Carl Nyberg
Executive
Matti Lehmus
Executive
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Acquisition

Neste has acquired 3 organizations. Their most recent acquisition was Mahoney Environmental on Mar 10, 2020. They acquired Mahoney Environmental for 0.

Date Company Name
Industry Acquisition Type Price
Mar 10, 2020 Mahoney Environmental
Consulting acquisition — Detail
Sep 7, 2021 Agri Trading
Shipping acquisition — Detail
Jul 26, 2022 Walco Foods Unlimited Company
Trading Platform acquisition — Detail
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