The Spain-based phone operator is now tapped into the most important dealflow in technology around the world, after moving into Israel and Silicon Valley.
Spanish company Telefónica is in the process of implementing a corporate venturing programme, with a global investment strategy and designs on maintaining the Spanish company’s global position by providing it with access to the technological investments.
Telefónica Ventures, the main venture unit of Telefónica, was moved into a digital unit at the company in September. London-based Telefónica Digital, under Mathew Key, has 2,500 employees, of which the majority are working on research and development.
The company is now tapped into…
