# Nokia: portfolio, investments and team

> Nokia is a corporate vc based in Finland. 21 investments on record, 3 in the last 12 months, latest Jun 2026. Portfolio, stages, co-investors and team.

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

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

# Nokia

Last cheque observed Jun 2026; 21 cheques on record.

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Deploying now Corporate VC

Series B Series C Venture Consumer Goods Retail Electronics

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Deploying now

**60%** of best year **3** **cheques in 12 months**, 21 on record

Since the last cheque **144** days **00** hrs **00** min **00** sec

Median round **$433M** Rounds led **1 of 21** Sole investor **5 rounds** Exits **4 from the portfolio** Mostly in **United States, 45%**

Pitch Nokia

## Nokia highlights

- 01 3 cheques in the last 12 months
- 02 Mostly Series B and Series C: 60% of its rounds
- 03 Sole investor in 5 rounds, median $1.0M
- 04 4 exits from the portfolio

## What they do

- **Type:** Corporate VC (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Consumer Goods Retail Electronics
- **Based in:** Espoo, Finland
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **21 appearances**

- **2026** 2 rounds
- **Jun** **[ICEYE](https://millionrounds.com/company/iceye)** Series F · FI · Promus Ventures **$521M** With 9 others
- **Mar** **[Nscale](https://millionrounds.com/company/nscale)** Series C · GB · 8090 Industries **$2.0B** With 14 others
- **2025** 3 rounds
- **Nov** **[NestAI](https://millionrounds.com/company/nestai)** Growth · FI · PostScriptum **$115M** *Led*
- **Oct** **[Nscale](https://millionrounds.com/company/nscale)** Series C · GB · TechStartups **$433M** With 4 others
- **Sept** **[Nscale](https://millionrounds.com/company/nscale)** Series B · GB · Firms' own news pages **$1.1B** With 9 others
- **2019** 1 round
- **Jun** **[Vida Health](https://millionrounds.com/company/vida-health)** Series C · US · FinSMEs **$30M** With 5 others
- **2017** 1 round
- **Nov** **[GetYourGuide](https://millionrounds.com/company/getyourguide)** Series D · DE · TechCrunch **$75M** With 4 others
- **2012** 4 rounds
- **Aug** **[RedKLEVER](https://millionrounds.com/company/redklever)** Grant · RU **$50K** Sole investor
- **Aug** **[Bardakovka](https://millionrounds.com/company/bardakovka)** Grant **$50K** Sole investor
- **May** **[Runteq](https://millionrounds.com/company/runteq)** Debt · FI **$66K** With 1 other
- **Feb** **[Vision+](https://millionrounds.com/company/vision)** FI **Undisclosed** With 3 others
- **2010** 1 round
- **Sept** **[Virtual City](https://millionrounds.com/company/virtual-city)** Venture · KE · fis.dowjones.com **$1.0M** Sole investor
- **2009** 1 round
- **Mar** **[obopay](https://millionrounds.com/company/obopay)** Series E · US · blogs.ft.com **$70M** Sole investor
- **2008** 3 rounds
- **Sept** **[Zvents](https://millionrounds.com/company/zvents)** Series B · US · corporate.zvents.com **$24M** With 4 others
- **Jan** **[Deeya Energy](https://millionrounds.com/company/deeya-energy)** Series B · US · green.venturebeat.com **$15M** With 4 others
- **Jan** **[Imergy Power Systems, Inc.](https://millionrounds.com/company/imergy-power-systems-inc)** Series B · US **$15M** With 4 others
- **2007** 1 round
- **Dec** **[Kyte](https://millionrounds.com/company/kyte)** Series B · US · scobleizer.com **$15M** With 4 others
- **2006** 1 round
- **Aug** **[Loudeye](https://millionrounds.com/company/loudeye)** Series A · US **$46M** Sole investor
- **2005** 1 round
- **Dec** **[Skyhook Wireless](https://millionrounds.com/company/skyhook-wireless)** Series B · US · skyhookwireless.com **$6.5M** With 3 others
- **2004** 1 round
- **Jan** **[Skyhook Wireless](https://millionrounds.com/company/skyhook-wireless)** Seed · US · skyhookwireless.com **$1.8M** With 1 other
- **2002** 1 round
- **Jan** **[Symbian Foundation](https://millionrounds.com/company/symbian-foundation)** Venture · GB **$29M** With 2 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.

## The team

We hold **50** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

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

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

## Exits from the portfolio

Companies it backed that were later bought or listed **4 in all**

**[Skyhook Wireless](https://millionrounds.com/company/skyhook-wireless)** Bought by [Liberty Media](https://millionrounds.com/fund/liberty-media) **Undisclosed** Feb 2014

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

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

**[Loudeye](https://millionrounds.com/company/loudeye)** Bought by [Nokia](https://millionrounds.com/fund/nokia) **$60M** Aug 2006

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

## Companies it bought

Acquisitions by the firm itself

**[Eden Rock Communications](https://millionrounds.com/company/eden-rock-communications)** **Undisclosed** May 2015

**Alcatel-Lucent** **$17B** Apr 2015

**Mesaplexx** **Undisclosed** Jun 2014

**[Desti](https://millionrounds.com/company/desti)** **Undisclosed** May 2014

**Nokia Solutions and Networks** **Undisclosed** Aug 2013

**[Scalado](https://millionrounds.com/company/scalado)** **Undisclosed** Jun 2012

**[Smarterphone](https://millionrounds.com/company/smarterphone)** **Undisclosed** Jan 2012

**[Motally](https://millionrounds.com/company/motally)** **Undisclosed** Aug 2010

**[MetaCarta](https://millionrounds.com/company/metacarta)** **Undisclosed** Apr 2010

**[Novarra](https://millionrounds.com/company/novarra)** **Undisclosed** Mar 2010

**[Dopplr](https://millionrounds.com/company/dopplr)** **Undisclosed** Sept 2009

**[Plum](https://millionrounds.com/company/plum)** **Undisclosed** Sept 2009

## The cheque

Series B Series C Venture

Median round joined **$433M** the round, not its cheque Alone, median **$1.0M**

Led 1 of 21 rounds **5%**

- **Sole investor:** 5 rounds
- **Last cheque:** Jun 2026
- **Exits:** 4 from the portfolio

Rounds by stage said on their site

- Series B *6*
- Series C *3*
- Venture *2*
- Grant *2*
- Seed *1*
- Series A *1*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Dell](https://millionrounds.com/fund/dell) 3
- [NVIDIA](https://millionrounds.com/fund/nvidia) 3
- [Aker ASA](https://millionrounds.com/fund/aker-asa) 2
- [Blue Owl Managed Funds](https://millionrounds.com/fund/blue-owl-managed-funds) 2
- [BlueRun Ventures](https://millionrounds.com/fund/bluerun-ventures) 2
- [Common Angels](https://millionrounds.com/fund/common-angels) 2

**Pitching Nokia?** 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. A count of rooms they were both in, not a relationship either has claimed.

[**Dell** Growth equity **3** rounds together](https://millionrounds.com/fund/dell)[**NVIDIA** Company **3** rounds together](https://millionrounds.com/fund/nvidia)[**Aker ASA** Growth equity **2** rounds together](https://millionrounds.com/fund/aker-asa)[**Blue Owl Managed Funds** Growth equity **2** rounds together](https://millionrounds.com/fund/blue-owl-managed-funds)[**BlueRun Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/bluerun-ventures)[**Common Angels** VC firm **2** rounds together](https://millionrounds.com/fund/common-angels)[**DFJ** VC firm **2** rounds together](https://millionrounds.com/fund/dfj)[**Element Partners** Investment firm **2** rounds together](https://millionrounds.com/fund/element-partners)[**New Enterprise Associates** VC firm **2** rounds together](https://millionrounds.com/fund/new-enterprise-associates)[**Point72** Hedge fund **2** rounds together](https://millionrounds.com/fund/point72)[**Private Equity** Investment firm **2** rounds together](https://millionrounds.com/fund/aker)[**Tesi** Government **2** rounds together](https://millionrounds.com/fund/tesi)

## Recently backed

The latest companies Nokia put money into.

[**ICEYE** $521M · Jun 2026](https://millionrounds.com/company/iceye)[**NestAI** $115M · Nov 2025](https://millionrounds.com/company/nestai)[**Vida Health** $30M · Jun 2019](https://millionrounds.com/company/vida-health)[**GetYourGuide** $75M · Nov 2017](https://millionrounds.com/company/getyourguide)

## Quick answers about Nokia

### What does Nokia invest in?

Nokia invests most often at Series B and Series C (60% of the rounds on record), in sectors such as Consumer Goods, Retail and Electronics.

### How active is Nokia?

21 investments on record, 3 of them in the last 12 months, and it led 1. The most recent was in Jun 2026.

### What has Nokia invested in recently?

Its most recent investments on record: ICEYE (Series F, Jun 2026), Nscale (Series C, Mar 2026) and NestAI (Growth, Nov 2025).

### How big are Nokia's cheques?

The median round it joins is $433M.

### Does Nokia lead rounds?

Sometimes: it led 1 of its 21 investments on record (5%).

### Where does Nokia invest?

Most of the companies it backs are in the United States (45%), Finland (20%) and the United Kingdom (20%).

### Is Nokia investing now?

Yes: it is actively investing, with 3 investments in the last 12 months.

### Who does Nokia invest alongside?

Most often Dell (3 rounds together), NVIDIA (3 rounds together) and Aker ASA (2 rounds together).

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