All Venturing & Investments articles – Page 10
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Premium
Telefónica Innovation & Venturing Roundup: Alaian alliance calls for fresh ideas
Wayra set for evolution with funds set aside for venturing in Israel and LatAm.
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Venturing & Investments
Telefónica leads partners in wearable health-tech venture
Telefónica and allies Atresmedia, Prosegur, and K Fund invest in remote assistance startup Durcal.
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Premium
Deutsche Telekom Innovation & Venturing: Qualcomm to acquire Cellwize?
MobiledgeX offloaded, with Cellwize interest to follow; tooz technologies sets vision for the future of glasses; Open Dutch Fiber set to pass 400,000 homes with network.
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Elsewhere in Deutsche Telekom Group: Staex secures €1.65m in funding
Decentralised IoT spinout Staex resurfaces; DT to debut design-orientated smart home device collection in Milan.
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Venturing & Investments
Telekom Innovation Pool invests in IoT specialist Kinexon
Kinexon raises $130 million in largest financial round to date. Business provides solutions for major sporting organisations such as the NFL, FIFA, and the NBA, as well as strong presence in production and logistics industries.
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Venturing & Investments
Wayra invests in ‘Spanish Google Drive’
Cloud storage provider Internxt receives cash injection in new funding round. Security-focused business hopes to grow “even faster” with newfound support.
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Innovation (R&D)
Staex: DT spinoff aims to patch up fragmented IoT
Telekom Innovation Labs project on ‘new-generation’ IoT orchestration re-surfaces. New business Staex offers a fresh, decentralised take on running smart-utility and smart-city projects. First external funding secured. Startup sits outside of the DT perimeter but maintains ties with Detecon and T-Mobile.
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Venturing & Investments
Telefónica takes stake in deep-tech investment fund
Leadwind, launched between Telefónica and K Fund last year, raises €140m in first closing. Telefónica named largest private backer, with Spanish government’s innovation fund among public support.
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Operations
Vivo refocuses M&A strategy with CVC launch
Vivo Ventures expected to become one of the largest CVCs in Brazil. Plans to invest BRL 320m across a number of startups over the next five years.
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Network & Infrastructure
DT committed to high-flying partner despite write-down
HAPS specialist Stratospheric Platforms remains loss making, but DT stays on board. Pilot in Saudi Arabia beamed a 5G signal from a mast 45,000ft in the air.
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Telefónica Innovation & Venturing Roundup: Open Future & Wayra on the lookout
Open Future and Wayra launch fresh startup calls; smart port developments in Valencia; co-investments promised in Spanish sports-tech.
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Venturing & Investments
UK’s rebranded BII embarks on new impact investing
British International Investment (BII) embraces broader digital strategy.
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Venturing & Investments
DT invests in Helium’s distributed network
Telekom Innovation Pool joins $200m funding round in decentralised IoT network operator. Crypto token incentive model sees growth in recent years. Liberty Global among fellow participants.
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Innovation (R&D)
UAE lab provides blueprint for BT’s university partnerships
BT using success of EBTIC collaboration to inform university partnerships in Ireland and India, building ties with local academics to support Adastral Park R&D. BT- and Khalifa University-backed EBTIC showcases collaborative innovation projects as partnership enters “Phase 3”.
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Deutsche Telekom Innovation & Venturing: startups targeted in Hong Kong
Hong Kong startups targeted; DTCP makes customer service investment and partners with everphone.
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People
BT names drone chief to fuel unmanned aviation
Dave Pankhurst appointed Drones Director at BT Digital’s newly-formed Incubation unit. Drones highlighted as one of four key verticals for the startup creation and acceleration division.
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Venturing & Investments
Wayra teams with Iker Casillas on sports tech investment
Telefónica hub enters collaborative venturing partnership with SportBoost targeting sporting innovation. Wayra seeks stake in sports technology future and offers financing, networking, and business development in return.
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Venturing & Investments
Revealed: DT’s fibre linkup with ex-Deutsche Glasfaser bosses
Group investment arm DTCP takes large minority stake in startup Fiber Experts Deutschland. Venture sees DT link up with former Deutsche Glasfaser execs Uwe Nickl and Dr. Stephan Zimmermann. Ex-DT executive Wolfgang Kniese involved in venture’s management.
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Venturing & Investments
Zone2boost doubles down on startup investments
Wayra-backed ‘innovation alliance’ adds eight companies to its roster. Total investment now surpasses €1.5m mark.
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Venturing & Investments
Telefónica partner Asterion fills infra fund number two
Investment manager with close links to Telefónica completes set up of a new €1.8bn pot. Five European markets in sights for energy and telecoms opportunities. Madrid-based business has various ex-Telefónica staffers on team and a history of deal-making with Group.