Nokia

company

About

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

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
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
Software Detail
Sep 17, 1998 NE-Products
Internet Detail
Hardware $ 90M Detail
Electronics $ 125M Detail