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Nokia

Europe, Southern Finland, Finland, Espoo

Description

Nokia is a multinational communications corporation that manufactures mobile devices and network infrastructure.

Investor Profile

Nokia has backed more than 40 startups, with 0 new investments in the last 12 months alone. The firm has led 11 rounds, about 28% of its total and boasts 15 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Series B, Series A rounds (top funding stages).
  • Majority of deals are located in United States, Finland, United Kingdom.
  • Strong thematic focus on Software, Mobile, Semiconductor.

Stage Focus

  • Series Unknown (28%)
  • Series B (23%)
  • Series A (13%)
  • Grant (10%)
  • Series D (8%)
  • Undisclosed (8%)
  • Series C (5%)
  • Debt Financing (3%)
  • Seed (3%)
  • Series E (3%)

Country Focus

  • United States (50%)
  • Finland (10%)
  • United Kingdom (8%)
  • Canada (8%)
  • Israel (5%)
  • India (5%)
  • Russian Federation (5%)
  • France (3%)
  • Switzerland (3%)
  • Kenya (3%)

Industry Focus

  • Software
  • Mobile
  • Semiconductor
  • Telecommunications
  • Manufacturing
  • Wireless
  • Internet
  • Enterprise Software
  • Consumer Electronics
  • Gps
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Nokia frequently co-invest with?

ONSET Ventures
North America, California, United States, Menlo Park
Co-Investments: 2
Oclaro
North America, California, United States, San Jose
Co-Investments: 2
New Enterprise Associates
North America, California, United States, Menlo Park
Co-Investments: 2
Norwest Venture Partners
North America, California, United States, Palo Alto
Co-Investments: 2
AT&T
North America, Texas, United States, Dallas
Co-Investments: 2
Bessemer Venture Partners
North America, California, United States, San Francisco
Co-Investments: 2
AllegisCyber
North America, California, United States, San Francisco
Co-Investments: 2
Pacific General Ventures
North America, California, United States, Atherton
Co-Investments: 2
Cisco
North America, California, United States, San Jose
Co-Investments: 2
Innovation Endeavors
North America, California, United States, Palo Alto
Co-Investments: 2

What are some of recent deals done by Nokia?

ORAN Development Company

Virginia, Minnesota, United States

ODC provides an AI-optimized, cloud-native, and scalable AI-RAN platform

Artificial Intelligence (AI)IndustrialTelecommunications
Series AMar 26, 2026
Amount Raised: $45,000,000
Nscale

London, England, United Kingdom

Nscale builds AI data centers and provides GPU cloud infrastructure that companies use to train, run, and scale large AI models.

AI InfrastructureArtificial Intelligence (AI)Data CenterGPUInformation TechnologyInternetTelecommunications
Series CMar 9, 2026
Amount Raised: $2,000,000,000
NestAI

Helsinki, Southern Finland, Finland

NestAI is a rapidly growing European physical AI lab that builds next-generation AI technologies.

Artificial Intelligence (AI)Information TechnologySoftware
Series UnknownNov 20, 2025
Amount Raised: $115,129,117
Nscale

London, England, United Kingdom

Nscale provides a full-stack AI cloud platform designed for enterprise-scale workloads.

Artificial Intelligence (AI)GPUInformation TechnologyInternetTelecommunications
Series COct 1, 2025
Amount Raised: $433,000,000
Nscale

London, England, United Kingdom

Nscale provides a full-stack AI cloud platform designed for enterprise-scale workloads.

Artificial Intelligence (AI)GPUInformation TechnologyInternetTelecommunications
Series BSep 25, 2025
Amount Raised: $1,100,000,000
HMD

Helsinki, Southern Finland, Finland

HMD designs and manufactures mobile phones.

Consumer ElectronicsCustomer ServiceManufacturingMobile DevicesProduct Design
Series AAug 11, 2020
Amount Raised: $230,000,000
HaiLa Technologies Inc.

Montreal, Quebec, Canada

HaiLa provides a long lasting, connectivity solution to ultra-low power sensors using backscatter technology, currently available as PHY IP.

SemiconductorSensorTelecommunicationsWireless
GrantNov 21, 2019
Amount Raised: $110,655
SPARK Microsystems

Montréal, Quebec, Canada

SPARK Microsystems is the enabling wireless technology of the future.

CleanTechEnergy EfficiencyInternet of ThingsManufacturingSemiconductorWireless
GrantDec 6, 2018
Amount Raised: $100,000
Innovation Factory (Canada)

Hamilton, Ontario, Canada

Innovation Factory is a not-for-profit business accelerator.

CleanTechConsultingHealth CareInformation ServicesInformation TechnologyLife ScienceManufacturingNon ProfitSocialTransportation
Series UnknownMay 25, 2018
Amount Raised: $3,300,000
Team8

Tel Aviv-yafo, Tel Aviv, Israel

Team8 creates and invests in companies specializing in enterprise technologies, cyber, AI, and fintech.

Cyber SecurityFinancial ServicesFinTechVenture Capital
Series BFeb 23, 2016
Amount Raised: $23,000,000

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