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Telecommunications

Ericsson

Ericsson raises $35B Public at $38B valuation

$35B
Total Raised
Public
Latest Round
1876
Founded
100000+
Employees
164 83 Stockholm, Sweden
Updated January 1, 2024
1 min read

Quick Facts

Valuation
$38B
Latest Round Size
$35B
Latest Round Date
January 2024

Ericsson: Public Funding Round

Ericsson has successfully raised $35B in Public funding, reaching a valuation of $38B.

Company Overview

Telecommunications equipment and services

Funding Details

The Public round was led by Public.

Company Information

  • Headquarters: 164 83 Stockholm, Sweden
  • Founded: 1876
  • Employees: 100000+
  • Category: Telecommunications

Investment

Ericsson plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Public: Verified investor in Public

Key Investors

Public
Lead Investor
Verified investor in Public

Topics

verified(3079)real-funding(3079)public(927)ericssontelecommunications164-83-stockholm

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources

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