Fortum commits EUR 150 million to Valo Ventures, a new global venture capital fund headed up by former Google Capital co-founder
FORTUM CORPORATION PRESS RELEASE 3 DECEMBER 2018 Fortum has committed to invest EUR 150 million to Valo Ventures over a period of 10 years. Valo Ventures is a new global venture capital fund launched by former Google Capital co-founder, Scott Tierney. Headquartered in Palo Alto, California, it is an independent fund investing in digital and cloud-scale technology startups in North America and Europe. Valo Ventures invests in early and growth stage technology companies with products or services that demonstrate transformative economic value as well as long-term social or environmental