Sky looks to further invest in European technology

Broadcaster is opening a new Berlin office tasked with the search
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Sky is looking to invest in content and technology start-ups across Europe and is opening a new office in Berlin to help with the search.

The broadcaster revealed its plans alongside an announcement that it has invested $4 million in an Israeli venture capital fund.

Sky says it has built one of the most technically-advanced platforms in Europe, helped in part by investments and partnerships it has made with more than 20 companies in the United States, Great Britain and France.

The company said it had been impressed with the tech talent in Berlin and Israel and will continue to look for the most interesting companies from Berlin.

Carsten Schmidt, CEO of Sky Deutschland said, “I’m very pleased to be expanding Sky’s activity with the establishment of a new Berlin base for our venture activity. I continue to be impressed by the strength of tech talent in Berlin, an ever-growing pool of start-ups bringing new and innovative ideas to the German market and beyond. I look forward to us establishing more partnerships with early stage companies by setting up our Berlin-based office this year.”

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