This "seminar" will give executives an overview of the importance of innovation and the approach to commercial exploitation. The seminar provides the best practice approaches to sourcing ideas and technologies for R&D through open innovation, Corporate Venturing (CV) and Corporate Venture Capital (CVC) investments to build new partnerships and create valuable new businesses. Case examples… Continue reading CEIBS corporate venturing summit, Shanghai, April 12-14
Month: March 2012
Fifth Third eyes local investment
Fifth Third Bancorp is eyeing $6m to $8m of investment in start-ups in its local states in a programme developed with West Capital Advisory.
Infinity takes Solorein to $1.3m
Infinity Group, a Chinese investment firm founded by IDB Group and China Development Bank, backs the Chinese chipmaker.
Hitachi backs Silver Spring with $30m
US-based smart grid company Silver Spring Networks raises debt and options, alongside a strategic alliance with Hitachi, as it prepares its flotation.
Inventages doses up Phosphate Therapeutics
The corporate venturing unit of Nestle backs Carl Sterrit, founder of Shield Therapeutics, one of its healthcare portfolio companies to set up another company.
SingTel dials into Amobee for $321m
Singapore-based telecoms group SingTel has bought mobile advertising company Amobee, which has corporate venturing backing from corporates Telefónica, Vodafone, Motorola and Cisco, for $321m. Singtel won out in bidding for the company against Spain-based telecoms company Telefónica, according to news provider Forbes. The deal comes after Amobee has raised about $50m, according to reports. Venture… Continue reading SingTel dials into Amobee for $321m
eVenture, Redpoint team up for Brazil
Cisco corporate development executive Yann de Vries and Anderson Thees, formerly chief executive of Brazil-based search engine Apontador lead the venture.
Takata revs up venturing with Lakeland
The Japan-based automotive supplier and safety technology company has teamed up with venture firm Lakeland to pursue a “part corporate venturing, part business development accelerator model”.
Payfone hires team
The American Express, Verizon and Rogers Communications-backed payment processing company hires staff members with backgrounds at Visa, Mastercard and American Express.
CyberAgent browses to find Tiki
The corporate venturing unit of the Japan-based mobile games developer backs Vietnam-based online retailer Tiki Corporation, which it says has “the potential to become the top e-commerce company” in its market.
BASF VC eyes mainland China
The top executive at the corporate venturing unit of the chemical maker reportedly says he is considering opening an office on the Chinese mainland, which follows the firm opening in Boston this year.
L Capital raises €400m
L Capital Management, a private equity firm backed by LVMH Group and its holding company Groupe Arnault, has raised €400m for its latest fund. The firm which specialises in lifestyle brands and retail, beat its original €350m target for this third fund, the firm said on Friday. The firm has offices in Paris, Milan and… Continue reading L Capital raises €400m
Decheng leads GeneWeave’s $12m round
Decheng Capital, a venture firm backed by an affiliate of Madrone Capital, an investment vehicle of the Walton family, which founded Walmart, backs GeneWeave.
Micron backed Anobit
The chipmaker reportedly reveals itself as a backer of Israel-based memory storage company Anobit, which sold in January to Apple for $500m, as one of its executives says the company regretted not buying the whole company.