About the company

Testi Technologies is a Finnish deep tech company – innovator and manufacturer of enzymatic fast monitoring and screening solutions of critical biological functions. Addressing fast growing market of over 24 Bn USD. Owns core IP for printed intelligence tests.

The first own manufacturing  line established in 2021 (up to 100k test / month), including R&D facilities in Oulu, Finland. 

The first commercial product launched in 2021: CE certified Alcohol body content measurement from saliva. 

Strong and exiting product pipeline leveraging our innovative intelligent paper technology.

The first own manufacturing  line established in 2021 (up to 100k test / month), including R&D facilities in Oulu, Finland. 

The first commercial product launched in 2021: CE certified Alcohol body content measurement from saliva. 

Strong and exiting product pipeline leveraging our innovative intelligent paper technology.

Our technology platform offers unique solutions for significant (>24 Billion USD) and extremely fast growing (CAGR of 10% and more) segment of the healthcare and testing markets.

Saliva test for body alcohol content (BAC) (Status: product launched)

Alcohol testing global market 0.55 Billion USD in 2021, 18.1% CAGR reaching 2.0 Billion USD in 2030.

Animal health testing (Status: product in development)

Veterinary testing market 2.5 Billion USD, 9.4% CAGR estimated to reach 4 Billion USD by 2024.

Glucose saliva for diabetic screening (Status: product in development)

Glucose testing global market has been estimated to have reached 18.5 Billion USD by 2020 and to grow thereafter with an CAGR of approx. 6.2%. 

Health Screening: (Status: several products in development)

Global health screening market 2.55 Billion USD, 9.2% CAGR estimated to reach 5.6 Billion USD by 2030.

Retail Volume market access for specific products (eg. Promilless, glucose

Volume market access for specific products (eg. Promilless, glucose testing) Increasing the technology awar Licencing enessg)

Increasing the technology awareness Large markets requiring local production (India government use) Markets with regulatory hurdles (US healthcare) Specific applications outside of core focus areas (Animal health)

Our team

Board

Tommi Vaskivuo

Chairman of the Board

Tommi is senior executive in the medical diagnostics industry with 20+ years of experience in various key positions through-out in several market areas. Tommi is a MD with PhD in molecular biology and clinical specialization in clinical chemistry and laboratory medicine. During his executive career, Tommi has build high-performing teams with track record of significant results in several markets. Latest examples are consolidation of Finnish private laboratory market under one provider, launching of direct-to-consumer lab testing portfolios in several European countries (UK, Finland, Norway, Estonia) and creation of high-throughput COVID testing laboratories in UK, The Netherlands, Belgium, Finland, Estonia and Sweden generating over 500Meur in revenue.

Ilkka Kaisto

Board Member

Ilkka has over 20 years entrepreneurship experience in commercializing new products from research. Some examples include large led video screens and infotainment systems, 3D-coordinate measurement systems to shipbuilding. Ilkka has worked in R&D, business development and quality, in manager to Vice President positions (1984 – 2005). In 2011 he started at VTT as Director of PrintoCent to run industrial clustering, pilot factory building and joint industry/academy project creation for Printed Intelligence technologies. MSc and Lic.Tech. in electronics and optoelectronics engineering.

Sauli Törmänen

Board member

Sauli is a serial start-up entrepreneur and he has over 40 years of experience in global sensors and instrumentation business. He has founded and/or helped to develop numerous successful companies, such as TopWave Instruments Ltd, KSV Instruments Ltd, Biolin Scientific Ab, FocalSpec Ltd, BioNavigations Ltd, Helmee Imaging Ltd, Biomensio Ltd. Sauli has had several successful exits during his career.

Juha Rantala

Board Member

Juha is an engineering entrepreneur and executive with 20+ years in photonics and semiconductors. He is a world leading industrial expert in the segment of siloxane semiconductor materials and his technology has resulted in several multi-million € businesses while used in billions of phones, displays and sensor devices. Juha has also pioneered printed intelligence with materials and manufacturing processes. During his entrepreneurship, Juha has started several companies and executed multiple successful exits. Before his entrepreneurship he was one of the youngest PhDs in chemistry in Finland at the age of 24. He is also an adjunct professor in materials chemistry. He has published more than 70 scientific and technical articles, authored 3 technical editorials and contributed as an inventor to about 100 patents.

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