Ginko Ventures

KPN takes stake in Internet of Things specialist

Dutch telco KPN’s investment arm is taking a stake in France-based Internet of Things specialist Actility. KPN Ventures will participate in a capital raising exercise by Actility which also counts Orange, Swisscom and Foxconn’s European venture capital partner Ginko Ventures among its latest backers. Actility plans to raise around US$25 million (€22 million). Actility and […]