Telecom Italia announces 4,5 M€ Seed Investments in digital startups in 3 years

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Telecom Italia launches its Corporate Venture Capital program through 4,5 million euros seed investments over the next three years (2014-2016) in options or in the share capital of the most innovative digital, Internet and green ICT startups. According to the press release, the investments will size between 100,000 and 500,000 euros, and will be intended “to fund the launch of appropriately selected young technology companies, helping them grow and gain a foothold in the market”. Marco Patuano, CEO of Telecom Italia, says: “With this major new initiative, Telecom Italia is continuing to make the most of young digital talent and…


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