In our series of articles Corporate Venturing on the Test Bench, Martin Haemmig and Boris Battistini review and analyse the latest trends
Month: December 2014
Qubole processes $13m for series B
Wells Fargo-backed venture firm Norwest Venture Partners has led a $13m series B round by the big data company, which has increased its total funding to $20m.
From Silicon Valley to the UK
Andrew Gaule talks to Gerald Brady, head of UK relationship banking at Silicon Valley Bank
Accelerating innovation and growth through venturing
With so much change, how are leaders to respond and prepare for the future? How do they accelerate growth in new areas, create optionality for the future and build resilience?
SVB: Capturing the big promise of big data
We are all searching for ways to use big data to identify new products and customers, push the efficiency envelope and drive to better bottom lines. But if big numbers scare you, you are in for a fright – IBM says we create 2.5 quintillion bytes of data every day, and that 90% of all… Continue reading SVB: Capturing the big promise of big data
Etoro trades up with $27m
Ping An and Sberbank both committed funds to the latest round raised by social trading platform Etoro, which has now raised almost $62m in total.
Baidu makes $600m investment in Uber
The internet company is reportedly set to invest $600m in Uber, as the ride sharing company looks east for expansion.
2014 – a year in review
Dominique Mégret, head of Swisscom Ventures, the corporate venturing unit of the telecoms company: “SMS and voice are now old-fashioned and are being increasingly replaced by social network-based messaging platforms – WhatsApp and FB. Mobile advertising and cloud were also important.” Geert van de Wouw, head of Shell Technology Ventures, the corporate venturing unit of the anglo-dutch oil and… Continue reading 2014 – a year in review
New unit in the spotlight: First Data Ventures
The corporate venturing unit of the US-based payments company has done three deals this year, and is run by Pete Donat [pictured], who set up First Data’s Silicon Valley office two years ago.
Regulation is big shark on corporate venturing horizon
Two threats to the corporate venturing industry are emerging in this period of growth – over-exuberance and regulation. GCV talks to EVCA about radical proposals by the European Commission likely to hit corporate venturing in their current form.
Big Deal: Didi Dache picks up $700m
China-based taxi ordering app Didi Dache’s $700m cash injection last week indicates that funding for the sector is not limited to Uber.
BaoJia drives away with $30m
China-based peer-to-peer private vehicle rental platform BaoJia has secured $30m in a series A round that featured online listings company 58.com, China Money Network has reported. Insurance company Ping An Insurance and venture capital firm Qiming Venture Partners also participated in the round. 58.com CEO Yao Jinbo previously participated in BaoJia’s $5m angel round in… Continue reading BaoJia drives away with $30m
Helium blows up $16m series A
Internet of things technology developer Helium has attracted internet holding company Digital Garage to its $16m round.
Weekly corporate venturing deal net: 8-12 December 2014
Solidia Technologies, the US-based creator of a system that can produce building materials from carbon dioxide, secured an undisclosed amount of series C funding on Tuesday from chemicals company BASF, petroleum producer BP, Total Energy Ventures, which acts as the corporate venturing subsidiary of petroleum company Total, building materials provider Lafarge, Kleiner Perkins Caufield &… Continue reading Weekly corporate venturing deal net: 8-12 December 2014