{"id":294981,"date":"2021-09-16T10:37:33","date_gmt":"2021-09-16T10:37:33","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=327647"},"modified":"2021-09-16T10:37:33","modified_gmt":"2021-09-16T10:37:33","slug":"telefonica-bets-on-disruptive-tech-in-new-fund-launch","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2021\/09\/16\/telefonica-bets-on-disruptive-tech-in-new-fund-launch\/","title":{"rendered":"Telefonica bets on disruptive tech in new fund launch"},"content":{"rendered":"

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\tTelefonica partnered with a Spanish venture capital company to launch a fund seeking to raise between \u20ac150 million and \u20ac250 million to target start-ups developing disruptive and transformative technology including 5G, IoT and AI.<\/p>\n

In a statement, the operator explained it planned to pour up to \u20ac70 million into the Leadwind fund, which was co-created with K Fund to support companies located in southern Europe and Latin America.<\/p>\n

Leadwind will back technology start-ups focused on providing technologies enabling\u00a0new business models combining AI, 5G, edge computing, IoT, blockchain and data analytics.<\/p>\n

Telefonica will also provide its \u201ctechnology and market knowledge\u201d, alongside its global network and ecosystem relationships, to support creation of technology for sectors including cybersecurity, Industry 4.0, energy, e-health, fintech and mobility.<\/p>\n

Chema Alonso, Telefonica chief digital officer, believes the Leadwind fund will play a key role in the company\u2019s goal to \u201chave the best relationship interface\u201d with technology start-ups.<\/p>\n

He added Telefonica aimed to “create global champions” and would bring its experience of other funds Amerigo and Telefonica Ventures to the latest effort.<\/p>\n

The operator recently invested in\u00a0Israeli cloud-based mobile network Monogoto [1] and the development of a 5G blockchain IoT module [2].<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/telefonica-monogoto-backing
\n[2] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/telefonica-moves-on-iot-blockchain-integration<\/p>\n\n

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Telefonica partnered with a Spanish venture capital company to launch a fund seeking to raise …<\/p>\n

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