NGP Management Oy

NGP Management Oy, formerly known as Nokia Growth Partners, is a venture capital arm of Nokia Corporation specializing in direct and fund of funds investments. For direct investments, it invests in growth capital and seed/startups, mid to late venture, and growth stage (series B, C, and beyond). The fund seeks to invest in venture capital and private equity funds while making fund of fund investments. In direct investments, the firm typically invests in following sectors: mobile enterprise; adtech, applied data and analytics, connected enterprise, mobile, consumer, connected car, local commerce, mobile messaging, digital advertising, media and entertainment, information and communications technology, gaming, education technology, two-way mobile data services, electronic components, broadband telecommunication services, telephone equipment, wireless networking equipment, consumer internet, services, digital health, and local/auto services. In fund of funds investments, it seeks to invest in mobile innovations. The firm invests globally focusing on the United States, Europe and Asia with a focus on China and India. It typically invests between $2 million and $15 million in its portfolio companies. The firm prefers a board seat or board observer seat in its portfolio companies. It may co-invest and prefers to be the lead investor. NGP Management Oy was founded in 2005 is headquartered in Palo Alto, California with additional offices in United States, Europe, and Asia.