Bell starts venture fund to drive innovation, support Canadian entrepreneurship

Canadian operator Bell launched 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 products. Bell Ventures will invest in early-stage and growth companies that provide advanced technology products that will further differentiate Bell’s 5G and fibre networks and deliver products 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 Grande Studios.

Bell Ventures will be led by Curtis Millen, Head of Bell Ventures and SVP, Corporate Strategy & Treasurer, Bell.