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Nokia invests in mobile startups

Jan 29 2013 11:59 Reuters
Nokia

Nokia (Picture: AFP)

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Helsinki - Finnish mobile phone maker Nokia said on Tuesday it would invest $250m in a new venture fund for mobile technology startups.

It would be the third fund for Nokia Growth Partners, Nokia's global venture firm which invests in mobile hardware and component companies as well as digital advertising startups.

Nokia Growth Partners had $600m under management, according to its website.  

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