AT&T Ventures

In April 2024, AT&T Ventures invested in Carbyne, a New York-headquartered, Israeli-founded provider of cloud-native emergency communications and public safety technology, alongside existing investors including Cox Enterprises and Hanaco Growth; AT&T Ventures was described at the time as AT&T’s internal venture investment arm focused on companies developing connectivity-centric technologies.⁠[1][1]

The same month, the Israeli data security company Cyera completed a $300 million financing round at a $1.4 billion valuation, led by CoatueCoatueCoatue is a technology- and innovation-focused investment management firm founded by Philippe Laffont in 1999, operating in both public and private markets. Its current website lists Thomas Laffont as co-founder and chief investment officer of private investments; a Form ADV filed on July 29, 2026, disclosed regulatory assets under management of $92,705,722,582.Open the full entry, with AT&T joining Spark CapitalSpark CapitalSpark Capital is a U.S. venture capital firm founded in Boston in 2005, with offices in San Francisco, New York and Boston. Its early-stage and growth funds back technology businesses across fintech, enterprise software, AI and consumer products. Investments have included Twitter, Tumblr, Oculus, Plaid and Anthropic.Open the full entry and Georgian as new investors; AT&T was also a Cyera customer.⁠[2][2][2]

In August 2025, Carbyne completed a $100 million growth financing round in which AT&T Ventures participated through its authorized investment vehicle Kiger Ventures, with Axon Enterprise, Cox Enterprises, Global Medical Response, Hanaco Growth and Hercules CapitalHercules CapitalHercules Capital is an internally managed, publicly traded business development company headquartered in San Mateo, California (NYSE: HTGC). It provides senior secured loans primarily to growth companies in technology and life sciences. Founded in 2003 and publicly listed in 2005, it also manages institutional private credit funds through Hercules Adviser.Open the full entry among the other investors; the investment built on AT&T Ventures’ initial 2024 entry into Carbyne.⁠[3][4][3]

On February 11, 2026, the humanoid robot company Apptronik announced a $520 million extension of its $415 million Series A from February 2025, bringing the round to over $935 million; AT&T Ventures and John Deere joined the extension as new investors, alongside existing backers including B Capital, Google, Mercedes-Benz and Peak6.⁠[5][5]

In a June 2026 interview, Vikram Taneja, head of AT&T Ventures, said AI tools had dramatically lowered the barrier to building software, shifting seed-stage technical risk from “can they build it?” to whether the technology is defensible; he said AT&T Ventures differs from financial venture firms in often having AT&T’s network teams work with a startup’s product in a production environment before writing a check, and that it was running proof-of-concept projects with portfolio companies in areas such as AI-RAN, connected infrastructure and computer vision. He also said seed deals were then routinely priced at about $20 million to $25 million post-money.⁠[6][6][6][6][6]

On September 29, 2026, the cybersecurity company RecoRecoReco is an enterprise cybersecurity company founded in 2020 by Ofer Klein, Gal Nakash and Tal Shapira. Its products have expanded from securing collaboration tools and SaaS applications to securing AI agents, discovering the connections among an enterprise’s applications, identities, permissions and agents and revoking risky access; as of September 2026, the company had raised $140 million in total.Open the full entry announced $55 million in additional funding that included a strategic investment from AT&T Ventures; AT&T had been a Reco customer before investing through AT&T Ventures. Taneja said that as both an investor and a customer, AT&T recognized the importance of helping organizations understand and manage how AI agents interact with business applications and data.⁠[7][8][9][7]

AT&T Ventures invests mainly in early-stage companies from seed to Series B, in areas including network and edge computing technologies, connected infrastructure and the internet of things, consumer solutions, robotics and physical AI, cybersecurity and quantum, and data and AI. As of October 2026, the companies listed on its website included 5G Open Innovation Lab, Aira Technologies, AST SpaceMobile, Carbyne, Cyera, Databricks, Derq, RelationalAI, Selector, Team8, Title Town Tech and Apptronik.⁠[10][10][10]

Its head, Vikram Taneja, also oversees AT&T’s broader investment portfolio, including limited partner fund positions, warrants and direct equity investments; as of June 2026 he had led AT&T Ventures for 12 years. Earlier he supported M&A and investment activity for WarnerMedia during AT&T’s ownership of the business, and before joining AT&T he held roles at ORIX Ventures, J.P. Morgan and PricewaterhouseCoopers.⁠[11][6][11]

AT&T Ventures: Official website: https://www.att.com/es-us/sdabout/pages/ventures (opens in a new window).⁠[10]