AAA September 2012 – Page 5

JP Morgan extends Rocket spending

 US financial firm JP Morgan has continued backing Germany-based incubator Rocket Internet’s portfolio, with its latest investment, a stake in Lazada, the Southeast Asian equivalent of Amazon. VentureVillage reports (from a source at Rocket Internet) that the investment is a double-digit million sum. This would bring JP Morgan’s total reported recent investment in Rocket to… Continue reading JP Morgan extends Rocket spending

Amplidata stores $6m

The corporate venturing unit of US-based chip company Intel Capital, Switzerland-based telecommunications company Swisscomm and data protection company Quantum Corporation have helped Belgium-based digital storage company Amplidata  raise $6m. Amplidata, which offers scalable object-based storage at a reduced cost, has now raised $20m.. Swisscom, Quantum and Intel Capital were joined by venture firms Hummingbird Ventures,… Continue reading Amplidata stores $6m

Deal analysis: August 2012

Much as the world’s athletes impressed with their vigour in London’s Olympics this year, corporate venturing executives demonstrated their tenacity this summer with a marked spike in dealmaking in August. Global Corporate Venturing tracked 103 investments in corporate venturing-backed companies in August worth $1.8bn, up significantly against the 81 deals worth $1.3bn in July. It… Continue reading Deal analysis: August 2012