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§ Private Profile · Helsinki, Southern Finland, Finland
Designs and markets Nokia-branded smartphones and feature phones, and self-branded HMD phones, focusing on a unified range of mobile devices.
HMD Global, headquartered in Espoo, Finland, designs and markets smartphones and feature phones primarily under the Nokia brand through an exclusive licensing agreement, expanding to self-branded HMD phones in March 2024. The company operates in the mobile phone sector, collaborating with manufacturing partners like FIH Mobile. It is privately owned, supported by a 10-year Nokia brand and patent licensing deal. HMD Global committed €500 million to marketing in its initial three years and was part of a $350 million Microsoft mobile assets deal, reporting 500-1,000 employees in 2016. Founded on December 1, 2016, by former Nokia executives, its leadership has included co-founder Jean-Francois Baril, who also serves as executive chairman and CEO, alongside former CEOs Arto Nummela and Florian Seiche.
HMD has raised $330.0M across 2 funding rounds.
HMD has raised $330.0M in total across 2 funding rounds.
HMD has raised $330.0M across 2 funding rounds. Most recently, it raised $230.0M Series A in August 2020.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 11, 2020 | $230M Series A | — | Google, Nokia, Qualcomm | Announced |
| May 21, 2018 | $100M Venture Round | Ginko Ventures | — | Announced |
HMD has raised $330.0M in total across 2 funding rounds.
HMD's investors include Google, Nokia, Qualcomm, Ginko Ventures.