Orange is lauching an “early stage” investment program branded Orange Digital Ventures. It will identify and fund start-ups during their initial development as well as provide the strategic relationships needed for them to become valuable companies.
Orange said it plans to focus its investments on start-ups working on the new and next transformations of the telecoms and digital sectors. Orange Digital Ventures will support in particular start-ups in the fields of communication, connectivity, the cloud, payment, the Internet of Things and big data, e-Health and security services developing innovative solutions and technologies as well as inventing new business models.
Orange Digital Ventures has earmarked 20 million Euros for its first year.
http://www.orange.com/fr/innovation/une-innovation-ouverte/Orange-Digital-Ventures
