Nokia

About

Nokia is a Finnish multinational communications corporation engaged in the manufacturing of mobile devices and network infrastructure.

Espoo,Southern Finland,Finland
10001 - max
http://www.nokia.com

Highlights

Details

Last Funding Type: Post-IPO Debt
Last Funding Money Raised: €250M
Industries: Electronics,Enterprise Software,Internet of Things,Mobile Devices,Telecommunications
Founded date: May 12, 1865
Number Of Employee: 10001 - max
Operating Status: Active
Stock Symbol: hel:NOKIA
Legal Name: Nokia Corporation
Also Known As: Nokia Mobile

Nokia is a Finnish multinational communications corporation engaged in the manufacturing of mobile devices, network infrastructure, location-based technologies, and advanced technologies businesses worldwide. The corporation is also engaged in converging internet and communications industries. It manufactures a wide range of mobile devices with services and software that enable people to experience music, navigation, video, television, imaging, games, business mobility, and more.

Nokia also operates through four segments, including mobile broadband, global services, HERE, and technologies. Its mobile broadband segment provides consumers with hardware and core network software required to deliver mobile voice and data services. The corporation’s technology segment is involved in the development and sale of intellectual property rights and technology licensing activities. Its global services segment provides network implementation, care, managed services, and network planning and optimization. Finally, the HERE segment provides the development of local commerce, location-based services, and more.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

3

€750M

Nokia has raised a total of €750M in funding over 2 rounds. Their latest funding was raised on Dec 3, 2018 from a Post-IPO Debt round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 3, 2018	Post-IPO Debt	€250M	1	Nordic Investment Bank	—	Detail
Aug 27, 2018	Post-IPO Debt	€500M	1	European Investment Bank	—	Detail
Oct 8, 2004	IPO	—	—	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

65

8

Nokia has made 65 investments. Their most recent investment was on Aug 11, 2020, when HMD raised $230M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Aug 11, 2020 HMD	Series A	$230M	Consumer Electronics	—
Jun 16, 2020 Aerones	Seed	$1.60M	Drone Management	—
Apr 28, 2020 Aesthetic	Seed	$3.10M	Blockchain	—
Nov 21, 2019 HaiLa	Grant	€100K	Semiconductor	—
Jun 21, 2019 Nowports	Seed	$8.45M	Freight Service	—

Investors

Number of Lead Investors

Number of Investors

2

Nokia is funded by 2 investors. Nordic Investment Bank and European Investment Bank are the most recent investors.

Investor Name	Lead Investor	Funding Round
Nordic Investment Bank	Yes	Post-IPO Debt
European Investment Bank	Yes	Post-IPO Debt

Employee Profiles

Number of Employee Profiles

171

Nokia has 171 current employee profiles, including Advisor Jayson Kim

Advisor

Executive

Advisor

Board member

Board member

Exits

Nokia has had 15 exits. Nokia most notable exits include OpenCloud , ClariPhy Communications

Date	Company Name	Exit Type	Industry
Feb 15, 2017	OpenCloud	M&A	Real Time	Detail
Nov 1, 2016	ClariPhy Communications	M&A	Optical Communication	Detail
Dec 3, 2013	Aircom International	M&A	Internet of Things	Detail
Feb 12, 2012	Inside Secure	IPO	Security	Detail
Dec 15, 2011	Zvents	M&A	Concerts	Detail

Acquisition

Nokia has acquired 52 organizations. Their most recent acquisition was Ipsilon Networks on Dec 9, 1997. They acquired Ipsilon Networks for $120M.

Date Company Name	Industry	Acquisition Type	Price
Dec 9, 1997 Ipsilon Networks	Electronics	—	$ 120M	Detail
Aug 20, 1998 User Interface Design	Software	—	—	Detail
Sep 17, 1998 NE-Products	Internet	—	—	Detail
Dec 18, 1998 Vienna Systems Corporation	Hardware	—	$ 90M	Detail
Feb 16, 1999 Diamond Lane Communications	Electronics	—	$ 125M	Detail