NestAI raises €100 million and partners with Nokia

This Finnish startup is working on “physical AI” systems — autonomous vehicles, drones, command-and-control platforms — for logistics, inspection, surveillance and defence. They’ve secured €100 million funding from Nokia and Tesi, plus a strategic partnership with Nokia to accelerate AI-powered defence solutions. 
Investor takeaways:

  • Demonstrates strong investor appetite for scale in autonomous physical systems beyond just software.
  • Strategic corporate partner (Nokia) signals maturation: key OEM or systems companies engaging with startups.
  • The “dual-use” nature (commercial and defence) gives stronger exit or acquisition pathways.
  • Good signal for firms looking to back startups that have both civilian/autonomy and defence angles.

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