Nokia retro phone maker raises $100m

HMD Global, the Espoo, Finland manufacturer of retro Nokia phones, has raised $100 million in new funding. The firm was launched in December 2016 and, in its first 12 months of operation, sold 70million Nokia phones including the 3310 (pictured).  HMD had revenues of $1.8 billion last year and an operating loss of $65 million. ...

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