Telecoms

Sobajima leaves KDDI to set up firm
Ken Sobajima, a GCV Emerging Leaders 2021 award winner, left to set up Tomorrow Access.
Daily Deal Round Up: April 20, 2021
Post Holdings led a $25m round for vegetarian meat brand Hungry Planet while Nium and Dataiku added to nine-figure funding totals.
Astranis ascends with $250m series C
The telecommunications satellite technology developer was valued at $1.4bn in a series C round backed by a Koch Industries subsidiary.
Corporate venturing deal net: 5-9 April 2021
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
United Ventures takes TIM-backed fund to $117m
Telecom Italia-backed growth-stage investment vehicle UV T-Growth is over halfway towards an upsized fundraising target.
Emerging Leaders Q&A – Pablo Moro and Andrés Saborido, Telefónica
Q&A with Pablo Moro Casquete, head of new business, Telefónica Innovation Ventures, and Andrés Saborido Scafati, managing director, Wayra
Rising Stars Q&A – Wanja Humanes, Swisscom Ventures
Q&A with Wanja Humanes, investment manager, Swisscom Ventures
Plume connects to $270m in funding
The wifi technology provider, backed by a host of corporates, has completed a series E round valuing it at $1.35bn.

Other News

Corporate venturing deal net: 15-19 February 2021
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Pivotal turns to $50m series C
Globalstar owner Thermo Companies and Fidelity have participated in the 5G infrastructure technology developer’s series C round.
Omnispace connects to $60m
The Intelsat-backed satellite communication technology developer has secured funding in a Fortress Investment Group-led round ahead of plans to launch part of its network in 2022.
Loon comes back down to earth
Google X's balloon internet spinoff is shutting down despite raising $125m from corporate joint venture HapsMobile in 2019.
OneWeb attracts $400m
SoftBank paid $350m for a 30% stake in the satellite internet system developer, which has emerged from bankruptcy, while Hughes Network Systems supplied the other $50m.
Orange spins off corporate venturing unit
Orange Ventures has been spun off into an independent venture firm with an extra $426m from its former parent company, and added Mathieu de La Rochefoucauld as managing partner.

Editor's Picks

Orange spins off corporate venturing unit
Orange Ventures has been spun off into an independent venture firm with an extra $426m from its former parent company, and added Mathieu de La Rochefoucauld as managing partner.
Comcast brings Comcast Ventures further in-house
The unit, which oversees a portfolio including NextDoor, Pony.ai, Bird and Hippo, will operate as part of Comcast's business development division.
Sector report: Telecoms
Telecoms are the connecting tissue of today’s digitised world
CVC in the Time of Coronavirus: Dominique Mégret, Swisscom Ventures
In the first of a new series, Dominque Mégret, head of Swisscom Ventures, tells GCV that the Covid-19 crisis could lead to a greater contrast between CVC's winners and losers.
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