Nokia Growth Partners is a global venture capital firm with US$200M under management that invests directly into companies via its Venture Capital Fund and manages investments into other venture capital funds through its Fund of Funds Program.
Nokia and most everyone understand the "mobile phone" is in the midst of a revolutionary transformation from a simple voice-only device to an internet-enabled multimedia device. For many in the developing world, the Nokia device they own is their first internet-connected device. It could also be their first camera, their first navigation device, or their first digital music player. Nokia now ships more cameras and digital music players than anyone in the world. This convergence of the mobile device with other traditional consumer electronics is occurring in concert with the blurring of wireline and wireless network access, and the fusion of the concept of "mobility" with the web. There is a rising awareness that smarter mobile devices and networks can add intelligence to existing internet services to facilitate real-time, richer, more personalized access to the people and content users value.