Latest Venturing & Investment News – Page 16
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Venturing & InvestmentsSeed investment planted in BT procurement partner Paid
Multi-source investment boosts fintech solutions provider. Clear upward trajectory since its infancy, as Group CPO waxes lyrical about Paid solutions, amid recent macroeconomic turmoil.
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PremiumUK 5G innovation: the startups to watch
Five standout startups driving UK 5G innovation. UK government helping underwrite. Regional initiatives open floor to smaller operators (MNOs in the wings).
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Venturing & InvestmentsTomorrow Street opens door to Block Gemini
Vodafone Procurement Company hoping to reap rewards after Block Gemini’s incubation and initial pilot. Third startup added to the innovation hot-house in just over a month, joining Quantexa and GeoSpock.
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Venturing & InvestmentsWayra helping UK government target LatAm tech scaleups
Entrepreneurs in Wayra’s Hispam footprint to compete in the Scaleup to UK 2021 programme. Doors opened to UK authorities and Wayra specialists to kickstart UK expansion.
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Products & ServicesDT’s Comfortcharge passes 100 in fast-charging station rollout
Deutsche Funkturm startup gradually moving toward 2021 footprint target. 2020 has seen operator tweak approach in e-mobility with sale of GET CHARGE offering to Switzerland’s Alpiq.
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Venturing & InvestmentsWayra joins €2.5m ticket for rural Wi-Fi partner
Wi-Fi solution startup Galgus closes Series-A funding round led by Conexo Ventures, with Wayra investing too. Galgus is a Telefónica partner on public Wi-Fi in under-served areas.
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Venturing & Investmentshubraum continues XR bet with three way investment
Tech incubator closes 5G Consumer Entertainment Program with trifecta investment. XR identified as key consumer use-case.
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Venturing & InvestmentsWayra UK’s Moraes: startup maturity needed
UK Country Manager highlights shift in focus for Wayra: scale-ups that can better take advantage of Telefónica opportunities. UK strategy outlined: B2C a priority; 5G development encouraged. 5G to be deployed across all European Wayra hubs.
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InterviewGawendo strategy to “move the needle” at Telefónica
Telefónica honing a venture strategy that aligns with current Group priorities and brings in new technology partners without dulling their edge. Gawendo paints picture of the telco ventures sector as collegial and collaborative as co-opetition reigns. Chema Alonso’s influence seen nudging Telefónica investment portfolio towards consumer propositions.
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Venturing & InvestmentsGeoSpock takes up residence in Vodafone’s Tomorrow Street
Luxembourg venture makes second addition in a month, with one more expected to follow.
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Venturing & InvestmentsTelefónica shows cybersecurity intent with Tech Ventures debut
New investment vehicle with cybersecurity focus, powered by ElevenPaths. Nine familiar startups named in an initial portfolio. Minority stakes in early- and growth-stage companies, with 15 investments slated for its first three years.
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Venturing & InvestmentsT-Mobile US sets up corporate VC fund for 5G
T-Mobile Ventures formed in collaboration with Touchdown Ventures. Targets “early-to-mid-stage” companies. Aims to develop “breakthrough” 5G products and services. Mojio and Circle already part of T-Mobile Ventures’ investment portfolio.
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Venturing & InvestmentsTelefónica plants cash in Brazilian IoT player
Agro-IoT Lab graduate lands cash injection. Opportunities in the mining sector driving Telefónica IoT investments in Latin America.
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Partnerships & AlliancesWayra extends to third Spanish city
Telefónica innovation hub Wayra banks Valencia vicariously through partnership with Lanzadera. Jaun Roig-germinated hub names Telefónica strategic partner. Wayra doubles down on startup acceleration.
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Venturing & InvestmentsTelefónica's new alarms JV gets personal with security offer
After a difficult start, Telefónica’s home security JV is developing new services. Launch of personal security offer marks new commercial phase for Movistar Prosegur Alarmas.
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Venturing & InvestmentsDrone player vHive creates a buzz with DT
$4m investment seen as vote of confidence in drone hive SaaS platform. DTCP investment follows Deutsche Funkturm partnership for asset surveying and data gathering missions.
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Venturing & InvestmentsTomorrow Street grows portfolio with Quantexa
Three-pronged push begins with contextual intelligence platform provider Quantexa. Two more additions to be announced soon.
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Partnerships & AlliancesAmdocs, Microsoft join T-Mobile in 5G Innovation Lab
Amdocs, Dell, VMware, and Microsoft added to the list of “founding partners”. Backers afforded visibility into startup tech.
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PeopleFastly exec Lares named DTCP advisor
Adriel Lares adds cybersecurity pedigree, proven startup nous to Senior Advisory grouping.
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Partnerships & AlliancesVodafone vets join T-Mobile’s 5G innovation gang
Former Vodafone investment specialists linking up with T-Mobile’s 5G innovation lab for twelve-week springboard programme. 5G OI Lab also giving a leg-up to FreedomFi, an enterprise networks specialist already making a name for itself through Facebook’s Telecom Infra Project.