Aaltonen moves from VTT Ventures to Kaust Innovation Fund
Posted on 04 November, 2015 by Mark Chatterley, reporter
King Abdullah University of Science and Technology (Kaust) Innovation Fund has appointed former VTT Ventures investment manager Erkki Aaltonen as its growth investor.
Erkki Aaltonen, who up until September 2015 was investment director at VTT Ventures, the investment arm of Finland government agency VTT, has taken up his new role of growth investor at the Kaust Innovation Fund.
Kaust Innovation Fund, formerly known as Seed Fund, was created by King Abdullah University of Science and Technology in Saudi Arabia to invest in seed and early-stage technology-based startups.
VTT is the technical research centre of Finland. A total of 31% of VTT’s funding comes from the government of Finland with the remaining money provided by domestic and international sources.
Prior to his role at VTT, Aaltonen worked at then-smartphone manufacturer Nokia, working his way from customer survey analyst to business consultant through business development manager. Later he became senior manager for new business development at Nokia.
– Photo courtesy of LinkedIn
See more from this Government Report: Finland
Copyright Mawsonia Limited 2010. Please don't cut articles from www.globalgovernmentventuring.com or the PDF and redistribute by email or post to the web without written permission.
Latest magazinePast Issues
Get full online access, the monthly magazine, weekly news alerts, special reports and more.See all subscription options
June 05, 2017
June 12, 2017
May 30, 2017
June 23, 2017
June 05, 2017