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Nokia's venture capital arm, Nokia Ventures, invests in early-stage, disruptive deep technologies with the potential to transform industries, often stemming from Nokia Bell Labs research. Additionally, Nokia is a key investor in NGP Capital, which focuses on early growth investments in B2B sectors like cybersecurity, industrial technology, deep tech, robotics, supply chain, and data infrastructure, aligning with Nokia's strategic vision for the 5G era and beyond.
They made 5 investments in the last 12 months. Average disclosed round size is $128.0M (across 20 rounds with reported amounts).
Portfolio
20
Fund Size
$1.6B
Top Stage
Series B
Last 12 Mo
5
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
20 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 ORAN Development Company, LLC | Series A | $45M | Mar 2026 |
| ORAN Development Company, LLC | Series A | $45M | Mar 2026 |
| NNestAI | Growth | $115M | Nov 2025 |
 Nscale | Series B | $433M | Oct 2025 |
| Nscale | Series B | $936M | Sep 2025 |
 Shadowfax | Series E | $100M | Feb 2024 |
| LLabLabee | Pre-Seed | $1.4M | Sep 2022 |
| Shadowfax | Series D | $60M | Dec 2019 |
 GetYourGuide | Series D | $75M | Nov 2017 |
 Vida Health | Series B | $18M | Dec 2016 |
 Clue | Series B | $20M | Nov 2016 |
 Zoomcar | Series B | $24M | Aug 2016 |
| CCedexis | Series B | $22M | Jan 2016 |
| GetYourGuide | Series C | $50M | Nov 2015 |
| CCitymaps | Series A | $6M | Feb 2015 |
 Moovit | Series C | $50M | Jan 2015 |
| YYPlan | Series B | $24M | Nov 2014 |
 RetailNext | Unknown | $30M | Jul 2014 |
| MMAG Interactive | Series A | $6M | Nov 2013 |
| Nscale | Growth | $500M | — |
Top Co-Investors
Nvidia5 shared
Qualcomm Ventures3 shared
Cisco Investments3 shared
Dell2 shared
G Squared2 shared
Point72 Ventures2 shared
Eight Roads Ventures2 shared
Sequoia Capital2 shared
Spark Capital2 shared
KKR2 shared
Sunstone2 shared
Booz Allen Ventures2 shared
T.Capital1 shared
Trifecta Capital1 shared
BMW i Ventures1 shared
Vaizra Investments1 shared
BRM Group1 shared
Foxconn1 shared
Madrona Venture Group1 shared
Last updated: 16 April 2026