In order to achieve financial and strategic objectives, survival of a corporate venturing fund is a prerequisite. Part of the challenge can come from the compromises required and promises made when a unit set up in the firstplace. A group might be established with strategic goals highlighted to gain support from the chief executive, charts… Continue reading How venture success can be stifled
Month: August 2012
Profile: Telefónica Ventures
Spanish company Telefónica is in the process of implementing a corporate venturing programme with a global investment strategy and designs on maintaining the Spanish company’s global position by providing it with access to the technological investments. The company has built an ambitious early-stage accelerator, Wayra, active in a dozen countries with a more classic corporate… Continue reading Profile: Telefónica Ventures
Feature: Utilities Sector, August 2012
Venturing finds its core service.
Deal analysis: July 2012
Sell-side activity took a knock during the month as economic uncertainty dogged the headlines, yet corporates remained busy investing. July was a sleepy month for realisation activity, as global economic headlines continue to be dominated by eurozone woes and a slowing of both the US and Chinese economies. There were only three exits of corporate… Continue reading Deal analysis: July 2012
Fixmo wins Motorola backing
Motorola joins firms including Kleiner Perkins Caulfield & Byers backing the US-based communications products business.
LeSage Krause part III: revolutionary pilots
For the last article of this series, we focus on piloting revolutionary initiatives, the ideas that can open entirely new businesses for a company, or reinvent legacy businesses stuck in the status quo. Such initiatives are revolutionary because they lack precedent within the company, are transformational or have disruptive implications for the core business. Pursuing… Continue reading LeSage Krause part III: revolutionary pilots
NVCA ventures ahead
The NVCA has organised its efforts into four committees that are hard at work on each of these member benefits.
Gaule’s Question Time: Shire
Gaule: Give a brief description of the purpose of Shire Strategic Investment Group (SIG). Melincoff: SIG was offcially formed in early 2010 and its purpose is to establish access to early-stage companies with pioneering technologies and therapeutics that can provide for future collaborations and acquisitions. Each investment is made with sponsorship from one of the… Continue reading Gaule’s Question Time: Shire
Icap leads OpenGamma to $15m
Icap, a UK-based brokerage firm, has led OpenGamma, a financial analytics and risk management company, in a $15m round. Icap was joined in the Series C financing round on August 8 by Euclid Opportunities, an incubator which is majority-owned by Icap, and venture firms Accel Partners and FirstMark Capital. OpenGamma, founded in 2009, with offices… Continue reading Icap leads OpenGamma to $15m
Olympic mea culpa
As Gandhi said: “A man is the product of his thoughts. What he thinks he becomes.”
T-Venture exits Lysatiq
Nomad Digital, a UK-based provider of train data connectivity, has bought the technology portfolio of Germany-based Lysatiq, a portfolio company of phone operator Deutsche Telekom’s T-Venture corporate venturing unit. Lysatiq is a mobile communications engineering company for mobile networks but it is unclear how much T-Venture invested – it just said it had sold the… Continue reading T-Venture exits Lysatiq
Citrix buys Bytemobile
Founded in 2000, Bytemobile had raised more than $56m from Innovacom, Eastven (which had been the corporate venturing unit of Ericsson) and venture capital firms Benchmark, Trident Capital and CrossBridge Venture Partners.
Innogy backs Stirling.DK
Stirling.DK, a Denmark-based renewable energy provider using biomass as fuel, has raised €4m ($5.5m) and hired Phillip Charles Piddington as chairman and Torben Ellegarard as chief executive. The latest investment round came from a syndicate including local pension fund Vaekstfonden, EnergiMidt and Innogy Venture Capital, a venture capital firm backed by Germany-based power utility RWE.… Continue reading Innogy backs Stirling.DK
NTT eyes Prizm payment
Investment bank JP Morgan is advising Prizm, which has been backed by venture capital firm Sequoia, to find the strategic partner, according to news provider DealCurry.