Fortum
Keilalahdentie 2-4, Espoo, Uusimaa, 02150, Finland
Overview
Fortum is an energy company that generates and provides clean energy to help industries to decarbonise their processes. The company's primary activities in the Nordic region include producing effective, CO2-free electricity and providing district heat and electricity with consistency to residential and commercial users. Fortum is confident in their dedication, their path, and eventually the outcomes they hope to attain due to their strong company principles as well as their abilities and experience.
- Total investments
- 3
- Lead investments
- 2
- Investments · 12mo
- 1
- Active investors
- 8
Sector focus
- Clean Energy
- Energy
- Energy Management
- Renewable Energy
Investment portfolio
- Puro.earth
Participated · Series B · Sep 2025
Puro.earth operates a carbon-crediting platform that issues CO2 Removal Certificates (CORCs) under the Puro Standard for durable carbon dioxide removal (CDR). Via its methodologies it certifies suppliers that store removed CO2 in durable storages for at least 100 years and records issued CORCs in the transparent Puro Registry. Corporations such as Microsoft, Shopify, and Zurich Insurance purchase CORCs to address climate change and neutralize residual emissions. In 2021 Nasdaq acquired a majority stake in Puro.earth. The company raised €11M in a Series B and intends to use the funds to strengthen the infrastructure that supports its certification journey for suppliers. Puro.earth is based in Helsinki, Finland.
- Fifty Energy
Led · Equity · Aug 2025
Fifty Energy is described in the article as a Swedish clean energy tech startup. The piece reports the company has raised €1.4M. Fortum Innovation & Venturing is named as the investor that announced the investment. The article indicates it contains more detail on how the company plans to use the funds, but that content is behind a subscriber paywall. The article does not provide product specifics, operating metrics, founding year, or financing terms. The report was published by Silicon Canals, which describes itself as an independent, privately owned European tech news outlet.
- Exeger
Led · Equity · Dec 2016
Exeger operates in the solar-cell sector, building photovoltaic solutions and related products. During the second half of 2025 the company is bolstering its balance sheet with at least SEK 160 million raised through new share issues. Management is simultaneously rolling out efficiency measures aimed at increasing profitability. The capital comes from two directed share issues totaling SEK 127.08 million and SEK 32.92 million in guarantee commitments, all priced at SEK 1.00 per share. To further strengthen its finances, Exeger plans a December 2025 rights issue of SEK 110.42 million that will allow existing shareholders to offset dilution caused by the directed issues. The board may expand this rights issue by up to SEK 45 million if demand warrants. Together, the fresh capital and cost-saving initiatives are intended to accelerate Exeger’s path to profitability.