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. The 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.
