Valo Ventures

Fortum has committed 150 million euros to Valo Ventures, a global venture capital fund.

Valo Ventures is an independent fund investing in digital and cloud-scale technology startups in North America and Europe.
CMD 2018

Valo Ventures invests in early and growth-stage technology companies whose products or services demonstrate transformative economic value as well as long-term social or environmental benefits. Investments are guided by thematic research around key global megatrends that are central to Fortum’s strategy, including empowered consumers, urbanization, autonomy & mobility, climate change, and circular economy​.