We fund the future

For the first 30 years, Stephen Industries operated as an industrial holding company founded by serial entrepreneur Kustaa Poutiainen. Journey towards global success started with subsidiary Picosun – a deep tech company that specializes in atomic layer deposition, founded by Kustaa in 2004.

Throughout the years, Kustaa raised several rounds of growth capital, growing Picosun to over 50 million euros in annual revenues. In June 2022, Picosun’s stock was sold to US-based technology giant Applied Materials Inc. The sale of Picosun catalysed a change of Stephen Industries’ operations, transforming Stephen Industries into an ambitious and experienced investment company in late 2022. Besides Picosun, we’re currently best known for the central vacuum cleaner manufacturer Puzer and tech ventures such as Hycamite, TILT, Sooma, Fiberwood and Stemsight.

International success stories such as Kustaa’s are rarities. Acclaimed visionary and serial entrepreneur Kustaa understands how to both think differently and make the vision into reality.

“At Stephen Industries, I’d love to guarantee that big Finnish success stories – such as Picosun – could remain Finnish success stories: that our most innovative companies don’t have to be sold out too early. This is made possible with more investment cooperation and an in-depth understanding about the obstacles to such growth. What’s uniting our portfolio companies are our shared, strict ESG values – that run deep in our company’s nanofibers.”