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HMD
HMD
Mobile Devices · Espoo, Finland · Finland · Founded · 2016 · ≈ · 500 · employees

HMD Funding — Last Valued at $1B

Private

HMD has raised $230M across 1 funding round. The company is valued at $1B.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
HMD funding · at a glance
Total raised, all rounds
$230M
sum of disclosed sizes
Funding rounds
1
priced rounds
Latest round
Aug 2020
Aug 2020
Lead on that event
Nokia
Google, Qualcomm
2020
About HMD

HMD's founding was financed by a $350 million purchase of Microsoft's feature phone business and design rights, backed by Luxembourg-based private equity fund Smart Connect LP, run by former Nokia senior vice president Jean-Francois Baril, alongside a planned $500 million marketing commitment over three years.

Funding timeline

The HMD funding timeline

1 funding round, the latest highlighted.

2016
HMD founded

HMD was founded in 2016, Finland.

IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

HMD funding rounds in full

1 dated round, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Series A-II LATEST
Aug 2020
$230M
—
—
Nokia
Google, Qualcomm
HMD · investors

Investors

NokiaLEADCClosed Circle Ventures

Frequently asked questions

Is HMD publicly traded?›

No. HMD is a private company; its shares do not trade on a public exchange.

What is HMD's valuation?›

The last valuation is $1B.

Who has invested in HMD?›

Lead investors for each round are in the funding timeline.

Who are HMD's competitors?›

The closest mobile devices peers are on the competitors page.

How can I get exposure to HMD?›

The routes section explains what is realistically available for a company at this stage.

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