All Venturing & Investments articles – Page 15
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Strategy & Change
Elsewhere in T-Mobile US: Georgia partnership for 5G incubator
Jay-Z reportedly buys back T-Mobile US’s stake in digital music player Tidal; T-Mobile Accelerator in growth mode.
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Venturing & Investments
Telefónica interest CyG bags fresh investment
Startup’s funding pot topped up by angel investors. CyG member of Wayra’s Hall of Fame. Cross-industry sustainability drive key to CyG’s growth potential.
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Venturing & Investments
Wayra injects cash into Valencian network tech player Kenmei
Network automation startup Kenmei broadening horizons, with ambitions outside domestic market. Startup’s AI specialism of potential interest to Telefónica. Rival MÁSMÓVIL joins in on funding round.
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Innovation (R&D)
hubraum selects startups in search for mixed reality apps
Deutsche Telekom technology accelerator hubraum showcases mixed reality startups as part of its MR Program in partnership with Nreal and Qualcomm. Thirteen startups given a platform at virtual Demo Day. Nreal Light available via Deutsche Telekom.
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Venturing & Investments
DTCP-backed Lookout and CipherCloud become one
CipherCloud subsumed into Lookout. Two legacy T-Venture investments integrate technologies to drive sales in expanding SASE market. Long-term ambition is to create unified platform which tackles cyber-crime at device endpoints and in cloud apps.
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Venturing & Investments
DTCP debuts in South Korea with Catenoid investment
Fund joins Series-C round for online video platform provider that has ties with KT. The startup becomes DTCP’s first South Korean interest since landing in 2019.
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Venturing & Investments
Deutsche Telekom TIPs more cash into SME security player Cynet
$40m total funding raised in Series-C round. DT adds another undisclosed sum to startup’s funding pot, with latter eyeing growth opportunities.
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Strategy & Change
Elsewhere in Vodafone Associates & JVs
Teoh junior faces TPG ire after assault conviction; INWIT’s Ferigo bemoans 5G rollout barriers.
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Partnerships & Alliances
BT activates go-to-market accelerator
Scheme provides immediate growth opportunities to participating scale-ups. Operator supports UK-wide sustainability push via provision of smart energy services. Possible application of green-tech in healthcare sector being explored.
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Venturing & Investments
Wayra levels up with co-operative gaming investment
Telefónica open innovation hub puts gaming and e-sports in its investment crosshairs, drawing together fellow venturers for “up to €2m” commitments. Fourteen funds participate in this year’s Coinvestment Day.
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Partnerships & Alliances
German startup MOWEA seeks tailwind for Vodafone network tie-up
Startup’s relationship with Vodafone lies in German UPLIFT scheme. Vendor aiming to branch out in Germany and form relationships with other in-country tower businesses.
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Venturing & Investments
YBVR earns extra Wayra investment for XR platform
Extended reality startup raises $1.5m in Pre-Series-A round, with Wayra increasing its initial investment. YBVR’s Verizon partnership bolstered. Wayra continues to bet on AR/VR/XR.
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Premium
5G and edge added to activation programme
Wayra Acceleration Programme expanding to seek out edge innovation, and leverage Spain’s rapid 5G rollout.
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Venturing & Investments
Elsewhere in Telefónica Venturing: Wayra buys into retail
Wayra doubles up on retail and fintech focus. Brazilian portfolio trimmed further with LinkApi exit.
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Venturing & Investments
Payflow banks Wayra backing
Salary-on-demand startup Payflow added €400,000 to its Seed round via a strategic investor trio including Wayra. Wayra family grows but with scaleups now in the crosshairs.
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Venturing & Investments
Wayra backed LinkApi lands a buyer
Telefónica’s Brazilian scale-up hothouse exits LinkApi through Semantix acquisition. Wayra continues transition to later-stage startups with fourth exit in just over a year.
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Venturing & Investments
Two Movistar Money ventures set for take-off
Consumer finance business green-lighted for launch in Colombia, enabling Group to extend partnership with stakeholder BBVA. Telco also heading trials of similar personal loan service in Mexico, with Banco Sabadell on the scene. Both moves continue recent refresh of Telefónica’s financial services partnerships.
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Venturing & Investments
Sitetracker: DT backs Vodafone scale-up partner
High-volume project management platform provider Sitetracker raises $42m in latest funding round, with Deutsche Telekom-backed TIP fund in the mix. Sitetracker topped off 2020 with Vodafone Supplier Awards win.
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Venturing & Investments
Wayra plants further capital in Ireland’s SalesOptimize
Ireland-based startup given (another) leg-up by Telefónica’s incubator hub.