# UTU Invest

UTU Invest is an Asset Manager based in Ulvila, Finland.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Ulvila, Finland
- **Region:** Europe
- **Address:** Ulvila, Finland
- **Founded:** 1919
- **Assets under management:** Undisclosed
- **Website:** utu.fi
- **LinkedIn:** https://fi.linkedin.com/company/invest-research-flagship

## Regulatory record

- **Reports private funds:** No

## About

UTU Invest is a Finnish investment company headquartered in Ulvila. It focuses on a Venture Capital strategy.

## Sectors

- Industrial Tech
- Energy Transition & Renewables
- Digital Health

## Offices

- Vantaa, Finland
- Tampere, Finland

## People

- Mikko Siivola — Chairman of the Board and Owner
- Nina Sarén — Owner and Board Member
- Oscu Uurasmaa — Owner and Board Member
- Urho Tuominen — Founder

## Questions

### How is UTU Invest related to the UTU Group operating business?

UTU Invest is the investment arm of UTU Group, a Finnish industrial manufacturer founded by Urho Tuominen in 1919. The group retains active production facilities, warehouses, and offices in Ulvila, Vantaa, and Tampere. The two entities share common ownership and governance under Mikko Siivola and the Tuominen family, with the operating business generating the cash flows that fuel the venture portfolio.

### What investment stages and sectors does UTU Invest target?

UTU Invest targets Seed and Growth-stage companies, with disclosed activity concentrated in industrial technology, energy transition and renewables, and digital health. The firm's partnership with Victron Energy and co-investment in BuddyCare confirm a practice of backing companies where the family's manufacturing and distribution infrastructure offers a measurable strategic advantage.

### Where did the Tuominen family wealth originate?

The wealth originates from a manufacturing enterprise founded in 1919 by Urho Tuominen in Ulvila, Finland. Over more than a century, the business evolved into UTU Group, an industrial firm with operations in electrical equipment, power distribution, and solar energy solutions. The family's investment activity is a direct extension of this industrial operating base.

## Related profiles

- [V.Stone Capital](https://altss.com/profile/vstone-capital)

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Last updated: 2026-06-03T20:00:00.000Z

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