Google Partners with Orange Group to Co-Invest in EMEA Startups

Google Partners with Orange Group to Co-Invest in EMEA Startups Image Credit: Orange Digital Ventures

Orange has partnered with Google through Orange Digital Ventures (ODV), the Group's corporate venture fund, to join forces in financing the best start-ups.

Through this partnership, Google will leverage ODV’s sourcing of start-ups to explore opportunities for co-investments in Europe, the Middle East and Africa.

The ODV team and Google will jointly evaluate promising investment opportunities with start-ups in the fields of new connectivities, IoT, cybersecurity, cloud, AI, fintech, as well as new business models in the Middle East and Africa.

This cooperation around financing will be extended by regular coordination meetings between the management teams of the two groups in order to examine investment opportunities around these start-ups and to accelerate the dynamics of open innovation at Orange.

Stephane Richard, Chairman and CEO of Orange
We are very proud to announce this partnership which will enable start-ups supported by Orange Digital Ventures to explore potential co-investment opportunities with Google. 

Carlo d'Asaro Biondo, EMEA President of Google Partnerships
We are delighted to support Orange's ecosystem of start-ups and innovation and to explore alongside them opportunities for co-investment in Europe, Africa and the Middle East (EMEA). 

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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