Nokia and NestAI today announced a strategic partnership to advance AI-powered defense solutions. In conjunction with this collaboration, Nokia and Tesi invest in NestAI, with the combined value of the investments being EUR 100 million.
As one of Europe’s fastest-growing physical AI labs, NestAI is building next-generation AI for unmanned vehicles, autonomous operations, and command and control (C2) platforms across logistics, inspection, surveillance, security, and defence domains.
“We see NestAI emerging as a foundational technology partner for mission-critical defence and security environments across Europe. Our investment reflects the value it is already demonstrating for organisations facing increasingly complex and evolving operational demands. This aligns with Tesi’s renewed strategy to back Finnish companies with outlier potential in strategically important sectors. NestAI combines strong technical depth with a focused, purposeful approach. It is the demonstrated progress and the direction of their solutions combined with Nokia’s global lead in secure, advanced connectivity that gives us confidence in their long-term significance and return potential for our investment,” states Juha Lehtola, Director of Venture & Growth investments at Tesi.
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Additional information:
Juha Lehtola, Director, Venture & Growth Investments, +358 40 064 7671, juha.lehtola@tesi.fi
Communications contact:
Susanna Aaltonen, Director, Communications and Public Affairs, +358 40 593 4221, susanna.aaltonen@tesi.fi
Tesi (officially Finnish Industry Investment Ltd) is a state-owned, market-driven investment company that invests in venture capital and private equity funds and directly in Finnish startups and growth companies, and to new industrial scale businesses. tesi.fi | X (Twitter) | LinkedIn | Instagram | Bluesky | Threads | Newsletter