Multinational investment connections behind Russia’s latest corporate venturing deals.
Month: February 2012
BP strikes Ventures growth
Expanded remit and team for oil major BP as Justin Adams, head of emerging business and ventures at BP’s Alternative Energy division, is to leave next month.
Schlumberger first Innovation Capital client
Synchrony has filed for a patent to its Innovation Capital method, which says it establishes an “empirically-driven, objective, and sustainable system screening, selecting and measuring the strategic value of corporate venture capital investments”.
BCG predicts operating improvements
Boston Consulting Group (BCG) expects more medium-term private equity-backed companies to look at open innovation and corporate venturing to bring product innovation.
Value added corporate venturing
I look forward to welcoming more of you as good friends at our Tech-scout, Awards and Symposium on May 14 and 15.
Tech-Scout, Awards and Symposium, 14-15 May, 2012
Plus Tech Scout Challenge Join us for the Tech Scout Challenge, followed by a Gala Dinner/Awards and the Corporate Venturing Symposium. Click here to register: Program Agenda Monday, May 14, 2012 Tech Scout Challenge and Global Corporate Venturing Awards Cocktails In association with Baker Botts, Silicon Valley Bank, Fedmine and the American Security Challenge, sponsored… Continue reading Tech-Scout, Awards and Symposium, 14-15 May, 2012
Itron looks to get SmartSynch
The Siemens and JP Morgan-backed smart grid technology firm has been snapped up by Itron for a $100m sum.
Advance Publications drives Backplane forward
Backplane, a US-based platform for web-based social communities, completed its series A round on Thursday, garnering $4.5m. New investors include Advance/Newhouse Investment Partnership, an affiliate of publishing company Conde Nast, which are both owned by Advance Publications. New investors also included Sequoia Capital, Greylock Discovery Fund, Battery Ventures and Formation 8, while returning investors from… Continue reading Advance Publications drives Backplane forward
UPS delivers for Kabbage
The two firms are embarking on a joint venture with UPS extending a debt facility to online merchant lender Kabbage as part of the deal.
Ipsen’s share in Radius based on tech, not cash
Pharmaceutical conglomerate Ipsen is set to be a beneficiary of Radius Health’s flotation, despite never investing money in the company, it has emerged. According to a source within Ipsen, Ipsen did not invest any cash in Radius directly, but took an equity share worth about 1% in Radius in lieu of a milestone payment worth… Continue reading Ipsen’s share in Radius based on tech, not cash
L Capital to raise second Asian fund
The LVMH-owned corporate venturing fund is set to push its Asian spending to $1bn when it raises its second fund this year, with much of the investment going towards China.
Vserv seeks Ramakrishnan for tech advice
The Silicon Valley veteran will act as technology advisor for the mobile advertising startup, having held roles at Facebook, Yahoo!, Oracle and Skype among others.
Cheribundi drinks in $4.5m
The tart cherry juice producer has added investment firm Emil Capital to its investors as it aims to grow its business in 2012.
London calling for enterprise startups
The Digital London summit will be holding a competition for startups, to be held when the showcase takes place next month.