Comcast Ventures-backed smart luggage brand Away has reportedly secured $30m to $40m in bridge financing as it faces a downturn in business due to the coronavirus.

Away, the US-based luggage brand that counts mass media group Comcast as an investor, has raised up to $40m in convertible note financing from existing backers, Axios has reported. The company secured between $30m and $40m in bridge funding through the round, with investment management firms Baillie Gifford and Wellington Management identified as participants. It…

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