Nokia seeks IoT startups in Brazil

Nokia is on the lookout for Brazilian startups developing offerings based on the Internet of Things (IoT) approach for a global acceleration initiative. The sixth edition of the Nokia Open Innovation Challenge, in partnership with NGP Capital, wants to attract ventures focused on new products and services within the industrial IoT domain. According to the company's marketing director for Latin America, Diana Coll, one of the local aims of the project is to foster the high volume of Brazilian startups created by students or recent graduates.