HMD Global raises USD 100 mln to accelerate Nokia phone sales

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(Telecompaper) HMD Global, the maker of Nokia brand phones, announced that it has raised USD 100 million from multiple investors to help scale business operations and fund the company’s growth in its second year. This round of investment was led by Geneva-based Ginko Ventures, with participation from DMJ Asia Investment Opportunity and Wonderful Stars, a subsidiary of FIH Mobile.
Source: Industry News (syndicated from Telecompaper.com)

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