# HMD: Telecommunications, Esbo, Finland

> HMD: HMD, also known as HMD Global Oy, is a Finnish mobile phone manufacturer based in Espoo, Finland. Based in Esbo, Finland. Founded 2016.

Source: https://millionrounds.com/startup/hmd-2 (Millionrounds; every figure on the page links to its filing or article)

Finland · [Telecommunications startup](https://millionrounds.com/companies)

# HMD

HMD, also known as HMD Global Oy, is a Finnish mobile phone manufacturer based in Espoo, Finland.

Funding reported Last round: Series A

Telecommunications Esbo, Finland

Company summary

- **Founded:** 2016 10 years old
- **Team:** 1,500 1,000+ people
- **Funding reported:** 330M as listed, currency not stated
- **Last round:** Series A Aug 2020

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for HMD has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About HMD

HMD, also known as HMD Global Oy, is a Finnish mobile phone manufacturer based in Espoo, Finland.

Established on December 1, 2016, by former Nokia executives, HMD is the exclusive licensee of the Nokia brand for mobile devices. The company produces a wide range of smartphones and feature phones, catering to various consumer segments and price points. HMD has sold over 450 million devices globally and is recognized as the market leader in feature phones. HMD specializes in mobile device manufacturing, brand licensing management, and software integration, working closely with Google. The company has introduced its own mid-range smartphone line while continuing to offer Nokia-branded devices. HMD targets a diverse global audience, including budget-conscious buyers and tech enthusiasts, ensuring its products meet the needs of everyday communication and entertainment.

## What company datasets say HMD raised

Funding, as reported

Reported in all **330M** in the source's currency

Last round **Series A**

Last round size **230M**

Last round date **Aug 2020**

## The company, in detail

What they build

Known for

hardware tablets security nokia brand licensing user experience smartphone market cost-effective enterprise phones feature phone manufacturing consumers accessories strategic partnerships android enterprise recommended product distribution distribution manufacturing phone

Built with from their website

Google Tag Manager HREF Lang Atlassian PWA Google Ads Google Workspace CloudFlare Viewport Meta Google Play Emotion

+8 more

Hubspot Varnish CloudFlare CDN Twilio SendGrid Email Marketing Campaigns Priority Hints Google Font API Commission Junction Microsoft Exchange

- **Sector:** Telecommunications
- **Industry code:** NAICS 33411, 334210, SIC 3571
- **Revenue:** 1.9B a year, as listed

## Telecommunications in Finland

Startups like it

- [**Digital Enhancement** Oulu · founded 2019](https://millionrounds.com/startup/digital-enhancement)
- [**KNL** Oulu · founded 2011](https://millionrounds.com/startup/knl)
- [**Jongla** Helsinki · founded 2009](https://millionrounds.com/startup/jongla)
- [**Setera Oy** Espoo · founded 2005](https://millionrounds.com/startup/setera-oy)
- [**Aito Technologies** Espoo · founded 2006](https://millionrounds.com/startup/aito-technologies)
- [**Cloudstreet Oy** Espoo · founded 2012](https://millionrounds.com/startup/cloudstreet-oy)
- [**Moflix Group** Tampere · founded 2019](https://millionrounds.com/startup/moflix-group)
- [**Connected Inventions Oy** Espoo · founded 2015](https://millionrounds.com/startup/connected-inventions-oy)

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