Pekka Lundmark

Active Investor

Board Member at Qutwo

Espoo, Finland

Pekka Lundmark, Board Member at Qutwo is an active investor based in Espoo, Finland. This profile covers what Pekka Lundmark backs, at which stage, and how founders can reach out in 2026.

Mr. Pekka Lundmark serves as Chief Executive Officer & President at Nokia. He serves as Chief Executive Officer at QMill. He previously served as President, Chief Executive Officer, and Member of the Executive Management at Fortum. Mr. Lundmark served as Chief Executive Officer & President at Nokia Networks. Previously, he was President and CEO of Konecranes Plc, President and CEO of Hackmann Oyj, Managing Partner of Startupfactory Oy, and held various executive positions at Nokia Corporation. He was appointed as Nokia's CEO on August 1, 2020. He has put in place a new operating model for the company and positioned Nokia as a trusted partner for critical networks around the world. These critical networks are advanced systems of hardware and software that run mission-critical services for companies and societies. They are central to his passionately held belief that technology and connectivity can and should help industries and societies improve productivity and sustainability as well as create new opportunities. He previously worked for Nokia between 1990 and 2000, when he helped oversee the company's emergence as the world's biggest mobile phone manufacturer and a significant player in mobile infrastructure. He started his Nokia career as an account manager, responsible for the launch of the world's first GSM network. He led the company's expansion into new territories and became known as a dynamic and visionary leader who knew how to adapt businesses to prepare for and capitalize on coming trends. In 2000, he moved from Nokia into venture capital with Startupfactory, followed by the consumer goods company Hackman, where he first became a CEO. He then led Konecranes for 10 years, before in 2015 moving to Fortum, an international energy company. His broad experience, which includes working in Silicon Valley and Asia, has given him insight into technologies that will be at the heart of the Fourth Industrial Revolution. These include 5G, artificial intelligence, augmented and virtual reality, private networks, the Industrial Internet of Things, and cloud computing.

Investor type: Angel
Stages: Early Stage Venture
Invests in: SaaS & Enterprise
Location: Espoo, Finland
Typical check: $500K
Past investments: 3

Notable investments

QMillNokiaSuomen Yleisurheilu - Finnish Athletics

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