The Daily Telegraph

Blippar in $26m raise to stay afloat

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British tech start-up Blippar quietly raised an extra $26m (£20m) from investors earlier this year as it sought to stay in business during a major restructur­ing and growing losses. Current investors, who include Qualcomm Ventures and Candy Ventures, have been feeding more money into the technology business to stave off losses. In the 12 months to March 2017 it lost £35m, its accounts show.

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