How we put our energy to work
There is no single way we get involved. What it looks like depends on the opportunity and who we are working with. What connects our work is a belief that electrification will reshape the energy system, creating new challenges to solve and new opportunities to build. We bring Fortum’s energy expertise together with new technologies, business models and partners to build what comes next.
What we look for
Building something that could shape the future of energy? We work with promising ideas and scalable startups that align with where we see the energy system heading and where working together can create real value.
Collaboration can range from direct minority investment to pilots and commercial partnerships. For investments, our focus is primarily:
- Nordics and Europe
- Late seed to Series B
- EUR 1–5 million initial investment
- Future energy systems, intelligent operations and industrial decarbonisation
Building something that could shape the future of energy? We work with promising ideas and scalable startups that align with where we see the energy system heading and where working together can create real value.
Collaboration can range from direct minority investment to pilots and commercial partnerships. For investments, our focus is primarily:
- Nordics and Europe
- Late seed to Series B
- EUR 1–5 million initial investment
- Future energy systems, intelligent operations and industrial decarbonisation
Investing in what could shape the future of energy? We work with VC funds and co-investors whose expertise, networks and investment focus complement ours, bringing together different perspectives on emerging technologies, companies and markets.
Collaboration can range from VC fund investments and co-investments to strategic insight and portfolio connections. Our fund partnerships broaden our view of where innovation is heading, while connecting portfolio companies with Fortum’s energy expertise and businesses.
Tell us what you're building
Have expertise, technology or an opportunity that could move energy innovation forward? We work with companies, universities, research organisations and other partners to explore emerging opportunities and bring complementary capabilities together.
Collaboration can range from joint research and knowledge exchange to pilots, partnerships and innovation programmes, helping turn new insights and technologies into opportunities that can be tested in the real energy system.
Let’s explore what we could do together.
Tell us what you're building
What we bring to the table
We combine the speed and curiosity of venturing with the depth of an established energy company: energy expertise, real-world business environments, long-term capital and networks that help promising opportunities develop, prove themselves and grow.
Depending on the opportunity, that can mean:
Deep energy expertise
Technical, operational and commercial expertise built through decades in the Nordic energy system.
A route into the real energy system
Potentially connections to Fortum’s businesses, customers and assets to explore pilots, partnerships and real-world validation.
Capital with a long-term perspective
Investment and venture-building capabilities with the patience to develop opportunities over time.
A wider ecosystem
Connections across startups, investors, research and industry, bringing the right capabilities together around new opportunities.
Collaboration in practice
You don’t need to know exactly what collaboration should look like before getting in touch. Tell us what you’re building, exploring or trying to solve, and we’ll see whether there is a relevant connection.
Let's build what's next
We're thirty people across the Nordics, working in investing, venture building, strategic insight, partnerships, and communications. We've spent years in the energy industry and years working with partners across the startup and innovation ecosystem.
Pitching, partnering or just exploring? Tell us what you're working on. We'd love to hear about it.
