funding

Scintil CEO Sylvie Menezo

Scintil Photonics brings total raised to €19m

The second round of funding included Applied Ventures ITIC Innovation Fund, a fund jointly created by Applied Ventures and Industrial Technology Investment Corporation (ITIC)-Taiwan.

Andreas Bierwirth, CEO of Magenta Telekom; Dominique Leroy, member of the management board, Deutsche Telekom AG; Stephan Wehrmann, business development director DACH at Meridiam (credit: Magenta Telekom)

Joint venture formed for Austrian fibre investment

Austrian operator Magenta Telekom has partnered with French investor Meridiam to finance the expansion of its fibre network.

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