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Telecoms

InTouch reaches out to startups
Telecoms firm InTouch Holdings has reserved approximately $6m to invest in seven startups this year, four of which are already at the due diligence stage.
Telkom Indonesia and Singel launch $40m fund
Telkomsel's newly formed Telkomsel Mitra Inovasi vehicle has launched a $40m fund in partnership with sister unit MDI Ventures and fellow corporate venturer Singtel Innov8.
Altiostar shines in $114m series C round
Network technology provider Altiostar has closed a $114m series C round after Rakuten added to Qualcomm Ventures and Tech Mahindra's contributions.
Axiata Digital offloads $140m corporate venturing portfolio
Axiata Digital will divest a 30 company-strong corporate venturing portfolio valued at $140m to Pegasus 7 Ventures, an investment firm run by one of its ex-executives.
Ayala angles for startups with $150m
The conglomerate's $150m investment fund will seek out startups developing disruptive technologies relevant to its subsidiaries, which will provide the capital for the Kickstart Ventures-managed fund.
Loon reaches new altitude with $125m
Loon, the Alphabet subsidiary developing high-altitude internet connectivity systems, has raised $125m from SoftBank-backed joint venture HapsMobile.
Dreamshare fields corporates in series B round
Existing investors Aurora and Fosun RZ Capital both contributed to a $14.9m round that was co-led by Mandra Capital and Haitong Creative Capital.
Sabas seeks out Centrica Ventures position
Marc Sabas has left his head of business development and partnerships position at Telefónica to accept a principal role at Centrica Ventures.

Other News

Corporate venturing deal net: 25-29 March 2019
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
CCS connects to Adtran for $10m
Cambridge Communication System has received $10m in a funding round that included a $5m commitment from Adtran.
Corporate venturing deal net: 11-15 February 2019
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Fund of the Year: Swisscom Digital Transformation Fund
Launched in July last year, Swisscom Digital Transformation Fund is Swisscom Ventures’ first investment vehicle that is open to third-party institutional investors.
Singtel Innov8 helps Cato link to $55m
Singapore Telecommunications' CVC unit, Singtel Innov8 reinvested in a round that took enterprise network developer Cato Networks' total funding to $105m.
MásMóvil hooks up Másventures accelerator
MásMóvil has established a startup accelerator after rising to become Spain’s fourth biggest telecommunications player.

Editor's Picks

Fund of the Year: Swisscom Digital Transformation Fund
Launched in July last year, Swisscom Digital Transformation Fund is Swisscom Ventures’ first investment vehicle that is open to third-party institutional investors.
Akimoto joins TransLink as Sompo supplies $40m
Nobuyuki Akimoto's departure from NTT Docomo Ventures comes as insurance firm Sompo commits up to $80m to TransLink to manage its corporate venture capital fund.
CVC proves a good option for emerging markets mobility
A report authored by GSMA Ecosystem Accelerator and Delta Partners recommends strategic investments for mobile operators in emerging markets,
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