The Startup of an Aalto MBA Alumni Chosen as a Global Startup Award Finalist

Aalto MBA alumni Aku Wilenius cofounded a company during his MBA studies. Now he is one of the finalists for the MBA Startup of the Year award, which celebrates the achievements of successful MBA students and alumni in innovative world-class business strategy. The award is given by the Association of MBAs (AMBA), which grants one of the most prestigious business university accreditations.


Aalto MBA studies suit well for entrepreneurs and persons thinking of starting their own business. The studies include several modules concentrating on entrepreneurship. A seasoned professional in sales engineering in multinational companies, Aku Wilenius was asked to cofound a startup at the beginning of his Aalto MBA studies.

“I was presented a great technological idea and asked to cofound a startup. I realized that developing a startup hand-in-hand with MBA studies was an incredible opportunity, allowing me to directly implement everything I learn,” Wilenius reminisces.

His company, Caidio, is a born global technology startup that develops AI-based software and IoT sensors for the global concrete construction market. The company s solutions enable detecting inferior quality concrete at the earliest possible stage of the value chain, which translates into considerable savings for construction companies.

Caidio is in the early startup stage, presently starting product sales in Finland and China based on successful pilots. Wilenius asserts that he has been putting insights from the MBA to good use from day one.

“Modules dealing with finance and entrepreneurship in particular proved invaluable – and the personal development process helped me grow as a professional and overcome obstacles,” Wilenius underlines.

Other finalists for the award are coming from Great Britain, Spain, Italy, Mexico, and France. The winner is published on January 21, 2021.

More information

Katri Koivula, Associate Director, Degree Programs
Aalto University Executive Education
Tel. +358 10 837 3812

Aalto University Executive Education Ltd 

Aalto University Executive Education offers high-quality leadership development services (Aalto EE), professional development services for experts and managers (Aalto PRO), and creative solutions covering the whole life-cycle of entrepreneurship (Aalto ENT). Aalto University brings to our offering a multidisciplinary approach, together with innovative learning methods; this provides a unique combination of practical expertise with the latest research.

Aalto University Executive Education’s strengths lie in its global operating model and diverse offering. In addition to Finland and Singapore, we offer programs in several locations. Aalto University Executive Education holds three respected accreditations: AACSB, AMBA, and EQUIS certificates. This places it in the top 0.5 per cent of the world’s institutions.