Fortum

Summary

Fortum is the famous Corporate Investor, which was founded in 1998. The leading representative office of defined Corporate Investor is situated in the Espoo. The company was established in Europe in Finland.

The important activity for fund was in 2004. Deals in the range of more than 100 millions dollars are the general things for fund. The real fund results show that this Corporate Investor is 47 percentage points more often commits exit comparing to other companies. When the investment is from Fortum the average startup value is more than 1 billion dollars. This Fortum works on 4 percentage points more the average amount of lead investments comparing to the other organizations. The fund is constantly included in less than 2 deals per year.

For fund there is a match between the country of its foundation and the country of its the most frequent investments - Finland. Among the most popular fund investment industries, there are Information Technology, Natural Resources. Moreover, a startup needs to be at the age of 2-3 years to get the investment from the fund. Among the most popular portfolio startups of the fund, we may highlight Infinited Fiber Company, AW-Energy, Wello Oy.

Besides them, we counted 21 critical employees of this fund in our database.

The typical case for the fund is to invest in rounds with 2-3 participants. Despite the Fortum, startups are often financed by VNT Management, Finnvera Venture Capital, Valve Ventures. The meaningful sponsors for the fund in investment in the same round are Virata Corp., Valve Ventures, Sitra. In the next rounds fund is usually obtained by Tekes, European Union, European Investment Bank (EIB).