The start-up innovation arms of Singtel (Singtel Innov8), Orange (Orange Fab), Deutsche Telekom (hub:raum) and Telefónica (Telefónica Open Future) have joined forces to bridge the start-up ecosystems across Southeast Asia, Africa, Europe, Latin America and the Middle East. The partnership aims to catalyze the growth of eligible start-ups and launching them beyond their respective home markets.
Posted by Singtel Innov8 on Tuesday, 12 May 2015
The partnership benefits are available to start-ups supported by hub:raum, Orange Fab, Telefónica Open Future and Singtel Innov8, as well as all members of Innov8 Sparks – a network of start-up support and funding initiatives across Southeast Asia, founded by members of the Singtel Group. The benefits include market insights, introductions to partners, the use of co-working spaces and access to the companies’ operating businesses. Selected start-ups may also have the opportunity to gain access to the operators’ collective mobile customer base of over one billion people across four continents.
Edgar Hardless, CEO, Singtel Innov8
Through Singtel Innov8’s deep connections in Southeast Asia, we can help open doors for African, European, Middle Eastern and Latin American start-ups to the region.
Ana Segurado, Managing Director of Telefónica Open Future
This agreement is a unique opportunity to reinforce our engagement to develop open and innovative initiatives to help telco operators enhance the digital experience of companies all over the world. With this alliance, Telefónica seeks to complement its open innovation strategy, being its latest key initiative since the launching of the Communication Investment Platform (CIP) 5 months ago.
