The Switzerland-based phone operator's corporate venturing unit is eyeing raising $200m across three funds.
Swisscom, a Switzerland-based phone operator, is preparing to expand its corporate venturing unit to potentially include third parties.
Swisscom Ventures has an evergreen structure so money returned from portfolio companies after their sale or flotation can be reinvested in new deals but Dominique Mégret, head of the corporate venturing unit since its foundation in 2005, said it was considering setting up three funds open to third parties, in particular other corporates from the telecom, media, energy and home appliances space.
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