Finland’s NestAI Secures €100M Funding Led by Tesi and Nokia to Build Defense AI

Why It Matters

The funding and Nokia tie‑up give NestAI the resources and credibility to become a key European supplier of AI‑enabled defense systems, reducing reliance on non‑European vendors and strengthening the continent’s strategic autonomy.

Deal Summary

Finnish AI startup NestAI announced a €100 million funding round, led by sovereign fund Tesi and hardware giant Nokia, to develop physical AI for defense and autonomous systems. The capital will help establish Europe’s leading physical AI lab and support the Finnish Defense Forces. The round was disclosed at the Slush 2025 conference.