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Nokia
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Communications and information technology multinational corporation

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Company type Private Public ()
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TRL Range 1-3
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Finland Espoo, Finland
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Updated by Cleantech Group on 10/18/2022

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  • 1 M&A items
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Date Partner Type
08/09/2021
AeroFarms AeroFarms
AeroFarms and Nokia Unveil Partnership for Next Generation AI-Enabled Plant Vision Technology
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Confirmed by AeroFarms
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IPO INFORMATION

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Date Investors Type Amount
02/15/2022 US Department of Energy (DOE) US Department of Energy (DOE) (1)
Post-money valuation of
Awarded funding through its industrial research arm, Nokia Bell Labs, for the development of a highly efficient thermal energy architecture that will deliver a significant reduction in data server cooling energy as well as deliver both heating and cooling to buildings.
Grant $2,106,380
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