Samsung NEXT launches $150m venture fund targeting emerging tech

Samsung NEXT launches $150m venture fund targeting emerging tech

A worker works on a Samsung outdoor advertisement installed atop an office building in central Seoul March 23, 2015. REUTERS/Kim Hong-Ji

Samsung NEXT (formerly Samsung Global Innovation Center) has announced the creation of the Samsung NEXT Fund, a $150 million venture capital investment fund, to increase Samsung’s global support of early stage startups pursuing advanced software and services innovation.

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