Nokia to scale down investments in venture funds, reduces commitment to 221 mn euros

NEW DELHI: Finnish telecom gear maker Nokia is scaling down its investments in venture funds, saying it no longer sees them as “strategic” to its business.

Nokia, in its annual report for 2025, said that it has concluded a strategic review of its venture fund investment activities, and as a result, it “no longer views broad-based venture fund investments as having a strategic role and has initiated a process to scale down these investments”.