All Venturing & Investments articles – Page 14
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M&Ahubraum-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 & Investmentshubraum 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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Venturing & InvestmentsElsewhere 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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Strategy & ChangeElsewhere in Vodafone Group: Tomorrow Street partner bags investment
Innovation partner SecurityScorecard lands more cash; TiVo maintains TV relationshi
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Venturing & InvestmentsElsewhere 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 & ChangeElsewhere 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 & InvestmentsTelefónica 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 & InvestmentsWayra 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 & InvestmentsDTCP-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 & InvestmentsDTCP 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 & InvestmentsDeutsche 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 & ChangeElsewhere in Vodafone Associates & JVs
Teoh junior faces TPG ire after assault conviction; INWIT’s Ferigo bemoans 5G rollout barriers.
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Partnerships & AlliancesBT 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 & InvestmentsWayra 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 & AlliancesGerman 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 & InvestmentsYBVR 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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Premium5G and edge added to activation programme
Wayra Acceleration Programme expanding to seek out edge innovation, and leverage Spain’s rapid 5G rollout.