Nokia Growth Partners Overview
Company Details
Founded in 2005, Nokia Growth Partners (NGP) is an independent fund manager sponsored solely by Nokia. NGP actively invests in China, India, Europe and the US and focuses on growth-stage investments (series B, C and beyond). NGP backs entrepreneurs with companies that contribute to the increasingly connected world targeting
enterprise, consumer, commerce, automotive and applied data.
NGP has done 53 investments in growth-stage companies since 2005 and 37 follow-on financings in total.
Regional spread includes 13 investments in China, 22 in Europe, 19 in India and 35 in the US.
The largest portfolio exits by NGP include:
- UCWeb (acquired by Alibaba in 2014 for a multi-billion dollar sum),
- Rocket Fuel (NASDAQ: FUEL),
- Summit Microelectronics (acquired by Qualcomm),
- Inside Secure (INSD:FP and NASDAQ: ISDCF),
- Netmagic (acquired by NTT Data),
- Fyber (acquired for $190M by RNTS Media in Germany), and
- Swype Inc (acquired by Nuance).
NGP has the following funds:
- Fund I $25M Mobile fund
- Fund II $225M Mobile fund
- Fund III $250M Mobility fund
- Fund IV $100M Connected Car fund
- Fund-of-funds 100M investment program
Locations
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