Jan 11, 2021
Orange spins out Orange Ventures with $430 million allocation
Orange spins out Orange Ventures with $430 million allocation
Telecom company Orange is making some changes to its venture capital arm. Orange Ventures is becoming a separate legal entity and Orange itself is allocating $430 million (€350 million). With this new corporate structure, Orange could attract third-party investors in its fund. Other telecom companies have made some headlines with their venture funds in the past, such as SoftBank’s Vision Fund and…
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