MONTREAL, October 25, 2022 /CNW Telbec/ – Bell today announced the launch of Bell Ventures, its corporate venture capital initiative to foster the development of early stage and growth companies that leverage the power of Bell’s networks to drive growth and the adoption of advanced technology solutions to advance
“We are excited to introduce Bell Ventures and support companies developing innovative technology solutions that make the most of our 5G and fiber networks. There are many companies Canada, and around the world who can benefit from Bell’s investment, expertise and access to technology. As the largest communications company in Canadawe have the opportunity to support growth and innovation in Canada.”
– Mirko BibicPresident and Chief Executive Officer, BCE and Bell Canada
Bell Ventures builds on Bell’s history of innovation and investment and is a natural extension of Bell’s goal of connecting Canadians to each other and to the world. Bell Ventures will invest in young and growing companies that offer advanced technology solutions that will further differentiate Bell’s 5G and fiber networks deliver solutions for its customers, in the areas of network security, Internet of Things (IoT), robotics, telematics, clean technology (clean tech), augmented / virtual reality (AR/VR) and metaverse, among others.
Companies in which Bell Ventures invests benefit from Bell’s managerial and technological expertise and can leverage Bell’s network resources and strategic relationships to develop use cases and accelerate market adoption. Bell Ventures’ recent investments include AST SpaceMobile, Metaverse Mind Lab, Sanctuary AI, Tiny Mileand Grand Studios.
Bell Ventures is managed by Curtis Millen, Head of Bell Ventures and Senior Vice President, Corporate Strategy & Treasurer, Bell. To learn more about Bell Ventures and the team, please visit: BCE.ca/bellventures.
Bell is Canada’s largest communications company, providing advanced wireless broadband, TV, Internet, media and business communications services nationwide. Bell was founded in Montréal in 1880 and is wholly owned by BCE Inc. To learn more, please visit Bell.ca or BCE.ca.
With Bell for Better, we invest to create a better today and tomorrow by supporting the social and economic prosperity of our communities by committing to the highest Environmental, Social and Governance (ESG) standards. These include the Bell Let’s Talk initiative, which empowers Canadian mental health with national awareness and anti-stigma campaigns such as Bell Let’s Talk Day and significant Bell funding for community care and access, research and workplace leadership initiatives at large country promotes. To learn more, please visit Bell.ca/LetsTalk.
SOURCE Bell Canada
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