TechCrunch has the story that Nokia has just added $150M to Nokia Growth Partners fund. The total capital in the fund is at the moment around $250 million. Some of the companies the fund has invested into in the past that have made it are BitBoys (sold for $44M), Global Locate ($143M) and Coding Technologies ($250M).

The focus of the investments, according to TechCrunch, are now in China and India. Not a bad strategy as Nokia hasn’t been all that strong in the US, where the iPhone is reaping success.

No more articles