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

Latest

More like this
Related

Virgin Media O2 Q2 2025 revenue drops 5.5% amid handset slowdown and fixed-line losses

Virgin Media O2 has reported a 5.5 percent year-over-year...

Telefonica reports €18 bn revenue in H1 2025 with growth in Spain and Brazil

Telefonica reported revenues of €18.01 billion in the first...

Orange lifts full-year target as Africa & Middle East drive revenue, customer, and ARPU growth in H1 2025

Orange reported a revenue increase of 0.3 percent in...

Australia telecom and Pay-TV revenue to reach $19.9 bn by 2029, driven by 5G and fiber

Australia’s telecom and pay-TV services market is projected to...