<p>Venture fund to invest in high potential mobile startups in US, Asia and Europe</p><p>Nokia has announced that it is going to invest $250 million into its investment arm for technology start-ups, Nokia Growth Partners (NGP).</p><p>It will be the third venture fund for NGP, which currently has $600 million under its management. The arm invests in mobile hardware and component companies as well as digital advertising startups.</p><p>"Over the past decade, Nokia has developed an innovative venturing strategy," said Timo Ihamuotila, Nokia executive vice president &amp; chief financial officer. "Our ongoing commitment to Nokia Growth Partners reinforces Nokia's support for a vibrant mobile ecosystem and our determination to collaborate with industry innovators to build great mobile products."</p><p><a href="http://www.techweekeurope.co.uk/news/nokia-growth-partners-tech-startups-105702">Keep reading...</a></p>