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The Finnish Climate Fund

The Finnish Climate Fund

Helsinki, Uusimaailmastorahasto.fi

Overview

Valtion Ilmastorahasto (Finnish Climate Fund) is a Finnish state-owned special-assignment company. Its operations focus on combating climate change, boosting low-carbon industry, and promoting digitalisation. The Climate Fund invests in large-scale projects in which the fund's investment is crucial to enable the project's realisation, on a larger scale, or earlier than it would with funding from elsewhere. The fund’s task is to reduce the carbon footprint, strengthen the carbon handprint and promote innovative climate and digital solutions, with the aim of reducing greenhouse gas emissions, improving the efficiency of the use of natural resources and promoting biodiversity.

Year Founded

2016

Portfolio Companies

16

Investments

The Finnish Climate Fund investments
CompanyDateStageLead
NorsepowerJul 2025VC RoundCo-investor
VolareMay 2025Series ACo-investor
HycamiteJan 2025Series ACo-investor
AistiDec 2024Series ACo-investor
EniferMay 2024Series BCo-investor

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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FAQ

Firmographic Details

HeadquartersHelsinki, Uusimaa
Year Founded2016

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