- Bell Ventures to focus on investments that further
differentiate Bell's 5G and fibre networks and on technology
applications that deliver solutions for enterprises
MONTRÉAL, Oct. 25,
2022 /CNW Telbec/ - Bell announced today the launch
of Bell Ventures, its corporate venture capital initiative to
encourage development of early-stage and growth companies that
harness the power of Bell's networks to drive growth and adoption
of advanced technological solutions.
"We're delighted to introduce Bell Ventures, and support
companies that are developing innovative technology solutions that
make the most of our 5G and fibre networks. There are many
companies in Canada, and around
the world, that can benefit from Bell's investment, expertise and
access to technology. As the largest communications company in
Canada, we have the opportunity to
support Canadian growth and innovation."
-
Mirko Bibic, President and Chief
Executive Officer, BCE and Bell
Canada
Building on Bell's history of innovation and investments, Bell
Ventures is a natural extension of Bell's purpose to advance how
Canadians connect with each other and the world. Bell Ventures will
invest in early-stage and growth companies that provide advanced
technology solutions that will further differentiate Bell's 5G and
fibre networks and deliver solutions for its customers,
including in the areas of network security, Internet of Things
(IoT), robotics, telematics, clean technology (clean tech),
augmented / virtual reality (AR/VR), and the metaverse.
Companies that Bell Ventures invests in benefit from Bell's
management and technological expertise and are able to leverage
Bell network assets and strategic relationships to build use cases
and accelerate market adoption. Recent investments by Bell Ventures
include AST SpaceMobile, Metaverse Mind Lab, Sanctuary AI,
Tiny Mile, and Grandé Studios.
Bell Ventures will be led 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.
About Bell
Bell is Canada's largest communications company, providing
advanced broadband wireless, TV, Internet, media and business
communication services throughout the country. Founded in Montréal
in 1880, Bell is wholly owned by BCE Inc. To learn more, please
visit Bell.ca or BCE.ca.
Through Bell for Better, we are investing to create a
better today and a better tomorrow by supporting the social and
economic prosperity of our communities with a commitment to the
highest environmental, social and governance (ESG) standards. This
includes the Bell Let's Talk initiative, which promotes Canadian
mental health with national awareness and anti-stigma campaigns
like Bell Let's Talk Day and significant Bell funding of community
care and access, research and workplace leadership initiatives
throughout the country. To learn more, please visit
Bell.ca/LetsTalk.
Media inquiries:
Vanessa Damha
vanessa.damha@bell.ca
@Bell_News
Investor inquiries
Richard
Bengian
richard.bengian@bell.ca
SOURCE Bell Canada