AAA Gregg Bayes-Brown – Page 7

Telefónica dials in $377m venture fund

Communications company Telefónica has announced the launch of Amérigo, a €300m ($377m) network of venture capital funds. Telefónica plans to invest an initial €68m ($85m) in the next five years. The firm expects the initial capital will generate an estimated €1bn ($1.25bn) worth of business projects. The fund, which is promoted by Telefónica Digital, will… Continue reading Telefónica dials in $377m venture fund