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Orange spins-off VC arm, eyes e-health investments - Mobile World Live 12 JAN 2021 Orange separated its venture capital division into a standalone company allocating it €350 million, with the new business set to focus on investments related to its parent’s core proposition and adjacent sectors deemed high-growth. In a statement, Orange claimed the newly separated Orange Ventures was one of the top ten venture capital funds in Europe. The business is charged with controlling an existing portfolio built since the formation of the operator’s investment arm in 2015 and seeking out new oppo...

The UK incumbent is setting up a discrete unit that will be charged with making it look more fit for purpose in a hi-tech world.

Increases its investment allocation more than twofold to €350 million Inherits Orange’s existing investment portfolio But can it do something different? Orange has set its stall out as a major investor in the digital startup world with the creation of Orange Ventures, a wholly-owned but legally separate entity that has been handed decision-making autonomy, an “allocation” of €350 million and an existing portfolio of startups to nurture. The new unit takes over from Orange Digital Ventures unit that was launched in 2015, and which had an allocation of €100 million.  Now that pot h...

Telecompaper General Orange allocates EUR 350 mln for relaunch of venture capital arm Monday 11 January 2021 | 17:35 CET | News Orange said that it has strengthened its venture capital activity with an increased allocation of EUR 350 million. New investments will be made under a new entity named Orange Ventures, established on a separate legal basis to become one of the top ten corporate venture capital funds in Europe. Based in Paris and Dakar, Orange Ventures' team will consist of twenty experts who will make investment decisions autonomously. Headed by CEO Jerome Berger, they...

Also in today's EMEA regional roundup: Deutsche Telekom, Nextcloud launch collaboration platform; Orange Ventures strikes out on its own; Airspan eyes Huawei-shaped hole in UK. Vodafone UK and Telefónica UK (O2) say they are looking to monetize their passive tower network infrastructure partnership, CTIL, through new long-term "master services agreements" with the 50:50 joint venture, which was formed in 2012 through the consolidation of both Telefónica UK and Vodafone UK's existing network infrastructure. As part of the deal, Vodafone intends to transfer its 50% shareholding in CTIL to its...