# Nokia Growth Partners: portfolio, investments and team

> Nokia Growth Partners is a vc firm based in Finland. 96 investments on record, latest Dec 2019. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/nokia-growth-partners (Millionrounds; every figure on the page links to its filing or article)

Finland · [Investor](https://millionrounds.com/investors)

# Nokia Growth Partners

Last cheque observed Dec 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm

Series C Venture Series B

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 96 on record

Since the last cheque **2517** days **00** hrs **00** min **00** sec

Median round **$28M** Rounds led **2 of 96** Sole investor **20 rounds** Exits **22 from the portfolio** Mostly in **United States, 47%**

Pitch Nokia Growth Partners

## Nokia Growth Partners highlights

- 01 96 rounds on record
- 02 Mostly Series C and Venture: 51% of its rounds
- 03 Sole investor in 20 rounds, median $6.4M
- 04 22 exits from the portfolio

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Based in:** Finland
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **96 appearances**

- **2019** 1 round
- **Dec** **[Shadowfax](https://millionrounds.com/company/shadowfax)** Series D · IN · TechCrunch **$6.0M** With 5 others
- **2018** 1 round
- **Feb** **[Zoomcar](https://millionrounds.com/company/zoomcar)** Series C · IN · TechCrunch **$40M** With 2 others
- **2017** 2 rounds
- **May** **[Fetchr](https://millionrounds.com/company/fetchr)** Series B · AE · FinSMEs **$41M** With 6 others
- **Jan** **[WorkFusion](https://millionrounds.com/company/workfusion)** Series D · US · Prnewswire **$35M** With 3 others
- **2016** 4 rounds
- **Nov** **[Clue](https://millionrounds.com/company/clue)** Series B · DE · TechCrunch **$20M** *Led*
- **Aug** **[EventBoard](https://millionrounds.com/company/eventboard)** Series B · FinSMEs **$14M** Sole investor
- **Aug** **[Deliveroo](https://millionrounds.com/company/deliveroo)** Series E · GB · Wired **$275M** With 12 others
- **Jul** **[Lifesum](https://millionrounds.com/company/lifesum)** Series B · SE · TechCrunch **$10M** *Led*
- **2015** 11 rounds
- **Dec** **[Sensoro](https://millionrounds.com/company/sensoro)** Series A · CN **$10M** With 2 others
- **Nov** **[GetYourGuide](https://millionrounds.com/company/getyourguide)** Series C **$50M** With 4 others
- **Aug** **[Yoogaia](https://millionrounds.com/company/yoogaia)** Seed · FI **$3.0M** With 3 others
- **Jul** **[Peloton Technology](https://millionrounds.com/company/peloton-technology)** US **Undisclosed** Sole investor
- **Jul** **[Babbel](https://millionrounds.com/company/babbel)** Series C **$22M** With 3 others
- **Jul** **[ZoomCar](https://millionrounds.com/company/zoomcar)** Venture · IN **$11M** With 3 others
- **Jun** **[Indix](https://millionrounds.com/company/indix)** Series B · US **$15M** With 2 others
- **Apr** **[RetailNext](https://millionrounds.com/company/retailnext)** Series E · US **$125M** With 7 others
- **Apr** **[Meican](https://millionrounds.com/company/meican)** Series C · CN **$23M** With 3 others
- **Feb** **[Citymaps](https://millionrounds.com/company/citymaps)** Series A · US **$6.0M** With 2 others
- **Jan** **[Whistle](https://millionrounds.com/company/whistle)** Series B · US **$15M** With 3 others
- **2014** 16 rounds
- **Dec** **[InVisage Technologies](https://millionrounds.com/company/invisage-technologies)** Series F · US **$33M** With 5 others
- **Oct** **[Digital Lumens](https://millionrounds.com/company/digital-lumens)** Series C · US **$23M** With 5 others
- **Sept** **[Netpulse](https://millionrounds.com/company/netpulse)** Series D · US **$19M** With 4 others
- **Sept** **[Quikr](https://millionrounds.com/company/quikr)** Series G · IN **$60M** With 7 others
- **Sept** **[Weichaishi.com](https://millionrounds.com/company/weichaishi-com)** Series A **$3.2M** With 1 other
- **Aug** **[Zubie](https://millionrounds.com/company/zubie)** Series B · US **$8.0M** With 4 others
- **Jun** **[Vizury](https://millionrounds.com/company/vizury)** Series C · IN **$16M** With 3 others
- **Jun** **[Fashion & You](https://millionrounds.com/company/fashion-and-you)** Series D · IN **$10M** With 4 others
- **May** **[Hipmunk](https://millionrounds.com/company/hipmunk)** Series C · US **$20M** With 3 others
- **Apr** **[InVisage Technologies](https://millionrounds.com/company/invisage-technologies)** Series E · US **$18M** With 5 others
- **Mar** **[Gigwalk](https://millionrounds.com/company/gigwalk)** Series B · US **$10M** With 7 others
- **Mar** **[Meican](https://millionrounds.com/company/meican)** Series B · CN **$10M** With 1 other
- **Mar** **[Quikr](https://millionrounds.com/company/quikr)** Series F · IN **$90M** With 6 others
- **Mar** **[Omnidrone](https://millionrounds.com/company/omnidrone)** Series A · ES **$2.0M** With 2 others
- **Feb** **[Kaltura](https://millionrounds.com/company/kaltura)** Series E · US **$47M** With 9 others
- **Feb** **[PubMatic](https://millionrounds.com/company/pubmatic)** Venture · US **$13M** With 4 others
- **2013** 10 rounds
- **Nov** **[MAG Interactive](https://millionrounds.com/company/mag-interactive)** Venture · SE · techcrunch.com **$6.0M** Sole investor
- **Oct** **[SolarVista Media](https://millionrounds.com/company/solarvista-media)** Series D · CN · finsmes.com **Undisclosed** With 3 others
- **Aug** **[Pelican Imaging](https://millionrounds.com/company/pelican-imaging)** Series C · US · finsmes.com **Undisclosed** With 4 others
- **Jul** **[Grand Cru](https://millionrounds.com/company/grand-cru)** Venture · FI · techcrunch.com **$11M** With 2 others
- **May** **[Pelican Imaging](https://millionrounds.com/company/pelican-imaging)** Series C · US · finsmes.com **$20M** With 4 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**4+** funds on file numbered funds in its name

## Exits from the portfolio

Companies it backed that were later bought or listed **22 in all**

**[InVisage Technologies](https://millionrounds.com/company/invisage-technologies)** Bought by [Apple](https://millionrounds.com/fund/apple) **Undisclosed** Nov 2017

**[Ganji](https://millionrounds.com/company/ganji)** Bought by [58.com](https://millionrounds.com/fund/58-com) **$446M** Apr 2015

**[Fyber](https://millionrounds.com/company/fyber)** Bought by RNTS Media **$190M** Oct 2014

**[Luminate](https://millionrounds.com/company/luminate)** Bought by [Yahoo!](https://millionrounds.com/fund/yahoo) **Undisclosed** Sept 2014

**[Summit Microelectronics](https://millionrounds.com/company/summit-microelectronics)** Bought by [Qualcomm Incorporated](https://millionrounds.com/fund/qualcomm-incorporated) **Undisclosed** Jun 2014

**[UCWeb](https://millionrounds.com/company/ucweb)** Bought by [Alibaba](https://millionrounds.com/fund/alibaba) **Undisclosed** Jun 2014

**[Network18](https://millionrounds.com/company/network18)** Bought by [Reliance Industries](https://millionrounds.com/fund/reliance-industries) **$680M** Jan 2014

**[Rocket Fuel](https://millionrounds.com/company/rocket-fuel)** Listed **$116M** Aug 2013

**[Vivotech](https://millionrounds.com/company/vivotech)** Bought by Sequent **Undisclosed** Oct 2012

**[Netmagic Solutions](https://millionrounds.com/company/netmagic-solutions)** Bought by [NTT Data](https://millionrounds.com/fund/ntt-data) **Undisclosed** Jan 2012

**[Zvents](https://millionrounds.com/company/zvents)** Bought by [StubHub](https://millionrounds.com/fund/stubhub) **Undisclosed** Dec 2011

**[Swype](https://millionrounds.com/company/swype)** Bought by [Nuance Communications](https://millionrounds.com/fund/nuance-communications) **Undisclosed** Oct 2011

**[Kyte](https://millionrounds.com/company/kyte)** Bought by KIT digital **Undisclosed** Jan 2011

**[Bitboys Oy](https://millionrounds.com/company/bitboys-oy)** Bought by [Qualcomm Incorporated](https://millionrounds.com/fund/qualcomm-incorporated) **Undisclosed** Jan 2009

**[Coding Technologies](https://millionrounds.com/company/coding-technologies)** Bought by Dolby Laboratories **$250M** Nov 2007

**[Informative](https://millionrounds.com/company/informative)** Bought by Satmetrix **Undisclosed** Oct 2007

**[Global Locate](https://millionrounds.com/company/global-locate)** Bought by [Broadcom](https://millionrounds.com/fund/broadcom-limited) **$146M** Jul 2007

**[Qovia](https://millionrounds.com/company/qovia)** Bought by [Cisco](https://millionrounds.com/fund/cisco) **Undisclosed** Jan 2007

**[Bitfone Corporation](https://millionrounds.com/company/bitfone-corporation)** Bought by [Hewlett-Packard](https://millionrounds.com/fund/hewlett-packard) **Undisclosed** Dec 2006

**[Lightningcast](https://millionrounds.com/company/lightningcast)** Bought by [AOL](https://millionrounds.com/fund/aol) **Undisclosed** May 2006

The latest 20 here. An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Series C Venture Series B

Median round joined **$28M** the round, not its cheque Alone, median **$6.4M**

Led 2 of 96 rounds **2%**

- **Sole investor:** 20 rounds
- **Last cheque:** Dec 2019
- **Exits:** 22 from the portfolio

Rounds by stage said on their site

- Series C *21*
- Venture *21*
- Series B *19*
- Series A *11*
- Series D *10*

Cheques by year Led Joined

2003 2019

Often in the room with

- [August Capital](https://millionrounds.com/fund/august-capital) 8
- [Intel Capital](https://millionrounds.com/fund/intel-capital) 7
- [GGV Capital](https://millionrounds.com/fund/ggv-capital) 6
- [Norwest Venture Partners](https://millionrounds.com/fund/norwest) 6
- [Qualcomm Ventures](https://millionrounds.com/fund/qualcomm-ventures) 5
- [InterWest Partners](https://millionrounds.com/fund/interwest-partners) 4

**Pitching Nokia Growth Partners?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Nokia Growth Partners. A count of rooms they were both in, not a relationship either has claimed.

[**August Capital** VC firm **8** rounds together](https://millionrounds.com/fund/august-capital)[**Intel Capital** Corporate VC **7** rounds together](https://millionrounds.com/fund/intel-capital)[**GGV Capital** VC firm **6** rounds together](https://millionrounds.com/fund/ggv-capital)[**Norwest Venture Partners** VC firm **6** rounds together](https://millionrounds.com/fund/norwest)[**Qualcomm Ventures** Corporate VC **5** rounds together](https://millionrounds.com/fund/qualcomm-ventures)[**InterWest Partners** VC firm **4** rounds together](https://millionrounds.com/fund/interwest-partners)[**BlueRun Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/bluerun-ventures)[**Ignition Partners** VC firm **3** rounds together](https://millionrounds.com/fund/ignition-partners)[**Mohr Davidow Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/mohr-davidow-ventures)[**Nexus Venture Partners** VC firm **3** rounds together](https://millionrounds.com/fund/nexus-venture-partners)[**Northgate Capital** Family office **3** rounds together](https://millionrounds.com/fund/northgate-capital)[**Qualcomm** Corporate VC **3** rounds together](https://millionrounds.com/fund/qualcomm)

## Recently backed

The latest companies Nokia Growth Partners put money into.

[**Zoomcar** $40M · Feb 2018](https://millionrounds.com/company/zoomcar)[**Fetchr** $41M · May 2017](https://millionrounds.com/company/fetchr)[**WorkFusion** $35M · Jan 2017](https://millionrounds.com/company/workfusion)[**Clue** $20M · Nov 2016](https://millionrounds.com/company/clue)[**Deliveroo** $275M · Aug 2016](https://millionrounds.com/company/deliveroo)[**Lifesum** $10M · Jul 2016](https://millionrounds.com/company/lifesum)

## On podcasts

1 episode naming Nokia Growth Partners in the title.

- [Tech.eu](https://millionrounds.com/podcasts/tech-eu) 29 Feb 2016 · 24 min Qubit, Nokia Growth Partners, An interview with Niklas Zennstrom, MWC, and raising VC in the U.S Mentions [Nokia Growth Partners](https://millionrounds.com/fund/nokia-growth-partners)[Roxanne Varza](https://millionrounds.com/fund/roxanne-varza) Apple PodcastsShow page

## Quick answers about Nokia Growth Partners

### What does Nokia Growth Partners invest in?

Nokia Growth Partners invests most often at Series C and Venture (51% of the rounds on record).

### How active is Nokia Growth Partners?

96 investments on record, 0 of them in the last 12 months, and it led 2. The most recent was in Dec 2019.

### What has Nokia Growth Partners invested in recently?

Its most recent investments on record: Shadowfax (Series D, Dec 2019), Zoomcar (Series C, Feb 2018) and Fetchr (Series B, May 2017).

### How big are Nokia Growth Partners's cheques?

The median round it joins is $28M.

### Does Nokia Growth Partners lead rounds?

Sometimes: it led 2 of its 96 investments on record (2%).

### Where does Nokia Growth Partners invest?

Most of the companies it backs are in the United States (47%), India (19%) and China (11%).

### Is Nokia Growth Partners investing now?

No investments in the last 12 months; the latest was in Dec 2019.

### Who does Nokia Growth Partners invest alongside?

Most often August Capital (8 rounds together), Intel Capital (7 rounds together) and GGV Capital (6 rounds together).

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