Orange Digital Ventures to invest $23 mn in start-ups in first year

Orange Digital Ventures will invest $23 million or 20 million euros for funding start-ups in first year as part of expanding its digital innovation strategy.

Orange

 

Orange Digital Ventures will support start-ups in the fields of communication, connectivity, the cloud, payment, the Internet of Things and big data, e-Health and security services.

Orange Digital Ventures will be making capital investments via minority holdings. This support will be available to start-ups in all geographical regions where Orange is present.

editor@telecomlead.com

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