Latest Venturing & Investment News – Page 16
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Strategy & Change
Elsewhere in T-Mobile US: TMUS on the prowl for e-health startups
TMUS on the prowl for e-health startups; SyncUP product portfolio expanded; get-go for Hometown grant scheme.
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Premium
Rejigged tie-up could find Vodafone Egypt a home
Vodafone secures route to in-Group transfer of Egypt stake in quid pro quo deal with local partner. Kenya-esque Vodacom hand-off of Egyptian interest one possibility.
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Venturing & Investments
Shopper tracking startup earns Wayra investment and O2 deal
Wayra UK dials up London-based startup’s already substantial financing. Investment sets the stage for a “multi-million-pound” retail partnership with the Group’s UK operator.
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Strategy & Change
Elsewhere in Telefónica Group: Nextory acquires e-book JV; Group joins handset sustainability drive
Nextory subsumes e-book JV; Group joins handset sustainability drive; Wayra plants capital in transcription and shopper-tracking startups.
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Venturing & Investments
DTCP’s monetary fuel fires up One Store expansion plan
Fund joins venture funding round in business owned by close partner SK Telecom. One Store aiming to reach lofty heights of market competitors Apple and Google.
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Partnerships & Alliances
Vivo to build telemedicine presence with Teladoc
Teladoc Health partners with a second Telefónica core market to launch Vivo’s telemedicine and wellness platform. E-health proposition marks another step into a “digital ecosystem” for Vivo. Brazilian JV on the cards, if results go the right way.
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Venturing & Investments
Telefónica Venturing Roundup: Wayra reaches double figures
Wayra reaches double figures; Israeli startups sought for Rosetta use-cases; and Andalusian accelerator welcomes its latest cohort.
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Innovation (R&D)
Wayra widens scope of blockchain tech programme
Innovation unit’s Activation Programme blockchain stream now welcoming proposals from startups in “any sector”.
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Venturing & Investments
Elsewhere in Vodafone Associates & JVs: TPG set for FWA launch; Vi shifting away from Huawei
TPG set for FWA launch; Vi transitioning away from Huawei; INWIT agrees to equip Milan metro with 5G-friendly DAS technology.
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Innovation (R&D)
T-Mobile US on the prowl for e-health startups
US telco opens applications for Wellness Tech incubator. Net cast wide, with startups operating in both B2B and B2C spaces encouraged to apply. TMUS’ 5G innovation network expanding.
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Innovation (R&D)
hubraum unveils first Accuracy Unlocked cohort
Incubator hothouse’s new startup accelerator goes live. Forty -six applicants whittled down to just 13. Potential investment on the table for startups with “most promising” GNSS use-case.
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People
Ex-BT CTIO Karonis takes Capgemini, DTCP roles
Telco veteran Fotis Karonis joins Capgemini as 5G & Edge EVP, making the most of past operator ties. Deutsche Telekom venturing vehicle DTCP also adds his name to Senior Advisory Council.
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M&A
hubraum-backed Flexperto sold to RGI
The software provider, one of hubraum’s first investments, is acquired by insurance tech specialist RGI Group. Communications SaaS provider Flexperto claims to have seen significant growth during lockdowns.
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Innovation (R&D)
Machine safety startup nets grant to join BT-backed Belfast Smart Port
AI-powered safety startup Machine Eye wins £75,000 proof-of-concept competition from Techstart. Business wins grant for access to BT’s private 5G network at Belfast Harbour’s Smart Port development.
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Venturing & Investments
hubraum begins hunt for network sustainability startups
Innovation hothouse hubraum closed applications for its Network Sustainability Award, being run in partnership with Solar Impulse Foundation. Microsoft, Orange, and SK Telecom also in support. Green network management and energy production among the focuses as Deutsche Telekom ups its climate protection endeavours.
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Strategy & Change
Elsewhere in Vodafone Group: Tomorrow Street partner bags investment
Innovation partner SecurityScorecard lands more cash; TiVo maintains TV relationshi
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Venturing & Investments
Elsewhere in Telefónica Venturing: fcase, CyG, and ProFuturo
Tech Ventures adds fraud detection to startup shopping list; Group interest CyG bags fresh investment.
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Venturing & Investments
Elsewhere in Deutsche Telekom venturing and investments
DTCP increases investments in cybersecurity specialists Axonius and PerimeterX; portfolio companies validate worth with acquisitions; hubraum seeks GNSS startups.
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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.