Electric series raises 50 million euros from investors


LONDON (Reuters) - The Formula E electric car racing series has raised 50 million euros (41 million pounds) from new investors including Californian technology company Qualcomm to help fund its launch this year, organisers said on Wednesday.

Qualcomm and Amura Capital, a private equity fund based in Andorra, are the main new investors ahead of the first race which is scheduled to take place around Beijing's Olympic stadium in September.

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