DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / NGP Management Co. Oy
NGP Management Co. Oy
Multi-stage venture firmHelsinkingpcap.comSEC venture capital fund adviserone firm, 2 filing advisers
This firm files as 2 advisers on ngpcap.com: Nokia Growth Partners US, LLC. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.
NGP Capital are the venture capital investors that help exceptional founders turn their big ideas into companies that shape a better future. Unleash the magic.
both early and growth/opportunity families, reported GAV $997M
Importance
35
elevated
Active deployment
4
low
Emerging
0
low
Completeness
75
high
Freshness
100
high
Research priority
5
low
Identity and regulatory footprint
- Headquarters
- Helsinki, Finlandadviserinfo.sec.gov
- Office address
- KORKEAVUORENKATU 30, Helsinki, 00130adviserinfo.sec.gov
- Business phone
- 358 504 803047adviserinfo.sec.gov
- Website
- HTTPS://WWW.NGPCAP.COM/
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
- Latest Form ADV
- Mar 29, 2024
- Private funds reported
- 4 (4 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $997Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business email
- finance@ngpcap.comngpcap.compublished by the subject
- business email
- media@ngpcap.comngpcap.compublished by the subject
- business phone
- 358 504 803047adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
1 observed deals
Stated (the firm’s website)
- Sectors
- ai, deep tech, hardware, robotics, space, b2b
- Stages
- early
- Geography
- global
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- venture capital
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 100%
lead rate n/afollow-on rate n/anew logos, 12 months 1
Funds and vehicles
5 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| 1809 Capital Fund I, L.P. | Fund | 2021 form d first sale | Mature | unknown | unknown | $7.0M of $7.0M | Jan 8, 2025 |
| NGP Capital Fund V, L.P. | Fund | unknown | Unknown | $393M Mar 29, 2024 | 2 | unknown | unknown |
| Nokia Growth Partners IV, L.P. | Growth fund | unknown | Unknown | $360M Mar 29, 2024 | 2 | unknown | unknown |
| Entity III | Growth fund | unknown | Unknown | $237M Mar 29, 2024 | 2 | unknown | unknown |
| NGP Capital App Spv, L.P. | SPV or co-invest vehicle | unknown | Unknown | $7.0M Mar 29, 2024 | 4 | unknown | unknown |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
29 current, 1 departed
Ann Rosenberg
Board or advisorySustainability Advisor, Customer Engagement at Celonis, Formerly SAP
Christian Noske
Board or advisoryBoard Member · since Dec 1, 2023
Esko Aho
Founder or executiveCEO, Co-Founder & Chairman at HMD Global
Esko Aho
Founder or executiveCEO Alumni
Jean-Francois Baril
Founder or executiveCEO, Co-Founder & Chairman at HMD Global
Jens Due Olsen
Founder or executiveChairman, NKT
Jon Gelsey
Founder or executiveFormer CEO of Xnor.ai
Jonas Schneider
Founder or executiveFounder & CEO at Daedalus, Formerly OpenAI
Juha Christensen
Founder or executiveChair at Bang & Olufsen, Chairman & Co-Founder at Star
Theodor Nielsen
Founder or executiveCEO & Founder at NIL Technology
Bo Ilsoe
Managing partnerManaging Partner
Scott Bonham
Managing partnerFounding Partner, GGV Capital & Magna Board Director
Monica Johnson
Operating partnerOperating Partner & CFO
Bo Ilsoe
PartnerChairman Of The Board / Managing Director · since Apr 1, 2009
Cathy Li
PartnerManager, Post-Investment
Debjit Mukerji
PartnerPartner
Marshall Lux
PartnerFormer Senior Partner at BCG and McKinsey, Advisor to Security Scorecard and Workfusion
Ossi Tiainen
PartnerPartner
Upal Basu
PartnerPartner
Atte Honkasalo
Platform and operationsVice President, Data & Analytics
Justin Jin
Platform and operationsCFO, China
Markus Suomi
Platform and operationsVice President, Engineering, HERE
Michael Sova
Platform and operationsVice President, Finance
Nathalie Macalma
Platform and operationsSenior Marketing Manager
Neeta Shrotriya
Platform and operationsSenior Accounting Manager
Christian Noske
Venture partnerVenture Partner
Dr. Yue Zhuge
Venture partnerVenture Partner
John Gardner
Venture partnerVenture Partner
Paul Asel
Venture partnerVenture Partner
1 departed (kept with end dates)
- John Gardner · Venture Partner · ? to Sep 16, 2026 Inference
Investments on record
1 edges, 1 companies, 0 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| NGP China | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
0 relationships from shared deals, counted for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
2 dated events
- Sep 16, 2026John Gardner (Venture Partner) no longer on the team page of NGP Management Co. OyPerson leftPeopleInferenceJohn GardnerVenture organization websites (about, team, portfolio, thesis, news pages)
- Mar 29, 2024NGP Management Co. Oy first filed Form ADV (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Multi-stage venture firm (confirmed, 95%, cls-1)both early and growth/opportunity families, reported GAV $997M
Evidence
33 observations from 3 sources