Resand

๐Ÿ“‚ Climate Tech๐Ÿ“‚ Hardware & Deep Tech๐Ÿ“ Helsinki๐Ÿ—“๏ธ Founded: 2013

Finnish company enabling foundries to recycle almost all used sand, reducing virgin sand purchases, transport and waste.

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Podcast Episode

๐ŸŽ™๏ธ Deep Dive

Innovafeed, GR3N, Resand โ€” circular industrialisation for proteins, PET and foundry sand โ€” Daily News June 5, 2026

Listen to the episode

About Resand

Resand develops modular solutions to regenerate and recycle foundry sand directly at production sites. Through its Sand as a Service model, it installs machinery at foundries and handles training, support and maintenance. The expansion of its Norion Bank loan facility from โ‚ฌ14.5M to โ‚ฌ25M allows the company to finance new customer agreements and scale internationally. The Sand as a Service offering and modular sand reclaimer target foundries and industrial casting producers โ€” 2026 agreements include AGVS Aluminium Werke in Germany and Termit in Slovenia โ€” competing with traditional sand suppliers and foundry waste managers. The โ‚ฌ25M loan facility expansion funds growth.

The Story

Started in 2013 as Finn Recycling, the company rebranded to Resand in 2023 to expand sand regeneration units internationally.

How Resand works

Business Model

B2B hardware-as-a-service for foundries, based on Sand as a Service.

Revenue Model

Likely service-based model with equipment financing, fees or customer contracts; pricing details are not public.

Products & Services

Key Products

  • Resand solution
  • Sand as a Service
  • Modular sand reclaimer

Core Use Cases

  • Foundry sand regeneration
  • Industrial sand recycling
  • Waste reduction
  • On-site circular manufacturing
  • CO2 reduction from sand transport

Market & Clients

Key Customers

Foundries and industrial casting producers; 2026 agreements include AGVS Aluminium Werke GmbH in Germany and Termit in Slovenia.

Geographic Presence

FIDESI

How Resand competes

Competitors

Traditional sand suppliersFoundry waste management providersSand reclamation equipment manufacturers

Competitive Advantages

  • Sand as a Service model
  • On-site modular deployment
  • Near-100% recycling efficiency claim
  • Up to 80% CO2 reduction claim
  • Equipment financing support for new customer agreements

How Resand grows

Growth Strategy

Internationalise into new foundry markets, especially DACH and Central Europe, using equipment financing to fund new customer agreements.

Distribution Model

Direct B2B service contracts with foundries, supported by equipment financing.

Moat (Defensibility)

Industrial process know-how, modular equipment deployment, service model, customer contracts and financing structure.

Regulatory Context

Relevant to industrial waste regulation, environmental permitting, emissions reduction and foundry operations.

Key Risks

  • Industrial adoption cycles
  • Reliability and maintenance of equipment at customer sites
  • Dependence on financing availability
  • Need to prove economics across foundry types
  • Competition from traditional sand supply and reclamation methods

Strategic Insights

  • Equipment financing can accelerate climate hardware adoption by reducing customer capex.
  • The as-a-service model is powerful in industrial markets where customers do not want to operate new technology themselves.
  • Regenerating industrial resources on site creates economic and environmental benefits together.

Funding & Investors

Funding Rounds

  • 2026 - Loan facility expansion: โ‚ฌ25M
    Lead: Norion Bank

Key Investors

Norion Bank

Founding Team

Key Executives

  • Mikko Immonen - CEO

Key Metrics

Expanded loan facilityโ‚ฌ25M (2026)
Founding journeyStarted in 2013 as Finn Recycling; rebranded in 2023 (2023)
Recycling efficiency claimNear-100% (2026)
CO2 reduction claimUp to 80% (2026)

Lessons from Resand

  • In industrial markets, the financing model can be as decisive as the technology.
  • Bringing the solution inside the customer's site reduces operational friction if you also handle maintenance and support.
  • Climate tech sells better when it solves cost and supply security, not only emissions.

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Sources

๐ŸŽ™๏ธ Scalable Podcast โ€” European startup stories ยท ๐Ÿ‡ฎ๐Ÿ‡น in Italian
Spotify ๐ŸŽง Apple