Mobile device maker HMD Global has announced a $230M Series A2 -- its first tranche of external funding since a $100M round back in 2018 when it tipped over into a unicorn valuation. Since late 2016 the startup has exclusively licensed Nokia's brand for mobile devices, going on to ship some 240M devices to date. Its latest cash injection is notable both for its size (HMD claims it as the third largest funding round in Europe this year); and the profile of the strategic investors ploughing in capital -- namely: Google, Nokia and Qualcomm.
Google has rolled out a new Search feature in India that enables influencers, entrepreneurs, freelancers, or anyone else who wants to be easily discovered online create a virtual visiting card in what appears to be the company's latest attempt to add more LinkedIn -esque functionalities into its search engine. The company said it has rolled out the feature, called people cards, first in India because of the special affinity people in the world's second largest internet market have shown toward looking up their own names on the search engine. Users can create people cards about themselves by signing into their Google account and then looking up their name on Google search.
HMD Global, the maker of Nokia-branded smartphones, has secured $230 million of investment from partners including Google <GOOGL.O>, Qualcomm <QCOM.O> and Nokia Technologies <NOKIA.HE>, to help accelerate its development of 5G devices. "This significant investment with some of closest strategic partners really allows us to accelerate our journey going forward," he said in an interview. HMD's smartphones run Google's Android One software, an unadulterated version of the operating system (OS) that promises three years of security updates and two years of OS updates.