Nokia's maker closes a new funding round at $1 billion valuation

The press release still refers to HMD as a "start-up", though it is now also a unicorn. The Espoo, Finland-based company has raised $100 million in a funding round at a valuation of a cool billion dollars. The money came from multiple investors led by Ginko Ventures. The money will go to "strategic investments" and aggressively expanding the lineup of Nokia-branded phones. And that's the plan for this year, so we won't have to wait until 2019 for exciting announcements. HMD is not even two years old yet (it was founded on December 1, 2016), but in the fiscal year 2017 it posted...

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