All Venturing & Investments articles – Page 18
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Innovation
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
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
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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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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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 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.
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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
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.