Nokia Growth Partners Leads Series D Round For SolarVista Media

Shanghai-based Chinese outdoor billboard technology company SolarVista Media says the company has competed its series B financing led by Nokia Growth Partners (NGP).

Ease Management, existing investors including Northern Light Venture Capital, Tuspark Ventures and FnH also participated.

The investment size was not disclosed.

SolarVista Media says it will use the proceeds to roll out the company’s patented Dynamic Color Pixel (DCP) digital billboards.

SolarVista Media currently serves billboard advertising services across 17 Chinese cities including Shanghai and Beijing.

Founded in 2004 by Nokia, Nokia Growth Partners invests in disruptive, industry-changing companies in mobility, communications and the internet. It has offices in the U.S., Europe, India and China.