All Venturing & Investments articles – Page 19
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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.
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Partnerships & Alliances
5G opening doors for BT in Warwickshire
Group pushing for startup ecosystem based on broad-sweeping open innovation partnership with Warwick Uni. 5G to be expediated to Leamington Spa and wider network, with opportunities for gaming cluster highlighted.
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Partnerships & Alliances
Vodacom Tanzania fine-tuned for Mdundo music
Co-developed “proof of concept” lays groundwork for VdT digital media set expansion. Group enabling ambitious Kenya-based startup to broaden horizons in Africa.
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Strategy & Change
BT turns to disruptive AI veteran in pursuit of Ambition 2030
Airtel CIO Harmeen Mehta bringing even greater AI advocacy and a ‘big tech’ frame of mind to BT’s new Digital division. Philip Jansen looking at bigger picture beyond fibre rollout as he sees Group’s future in delivering a UK platform for software-defined services.
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Partnerships & Alliances
Deutsche Telekom gets wind of energy startup MOWEA
DT taps MOWEA to help meet renewable energy ambitions and challenges of getting power to 5G sites. MOWEA previously tied with Vodafone Germany.
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Network & Infra
Greek 5G auction exceeds targets, builds innovation kitty
Vodafone Greece leads the pack in terms of spend. Portion of proceeds earmarked for state-backed startup investment beginning in 2021.
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Venturing & Investments
Weaveworks sews up Deutsche Telekom funding
Group taps Telekom Innovation Pool to join in on Series-C round with several big industry names. Weaveworks, creator of Kubernetes platform GitOps, takes total funding to $60m. TIP investment suggests Deutsche Telekom partnership could extend beyond mere fiscal support.
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Venturing & Investments
Deutsche Telekom reveals first Campus Network Program members
Robotics players first to win places in Deutsche Telekom’s Industry 4.0 innovation scheme. Solutions to emerge from hubraum programme could be integrated with Group products. DT’s partner ecosystem steadily growing.
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Premium
Elsewhere in BT Technology: Open Digital Architecture gets tested
BT backing digital architecture commoditisation; data traffic records tumble.
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Venturing & Investments
Telefónica on board with 5G emergency comms project
AI to be leveraged by EC-funded research group as a means of providing enhanced 5G network coverage for emergency services. Group building ecosystem around responsible use of AI. Another example of operator working the axis between e-health and connected-vehicles.
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People
Ex-T-Mobile CFO Braxton Carter joins DTCP
Carter kept in the Deutsche Telekom family with Senior Advisory Council seat. DTCP gains exec’s TMT investment expertise and experience.
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Venturing & Investments
Wayra backs Brazilian e-learning startup Alicerce Educação
Startup accelerator Wayra highlights investment in one of local operating business Vivo’s targeted growth areas. Capital will go towards tackling educational divide in Brazil, including via recent strategic tie-up.