George Ugras replaces Claudia Fan Munce, who announced her retirement from IBM at the end of January during the Global Corporate Venturing and Innovation Summit.
Month: March 2016
Editorial: New leaders need deft support
The past few months have seen a number of important changes at the top of the corporate venturing industry. Wendell Brooks replaced Arvind Sodhani at Intel Capital; Nagraj Kashyap shifted from Qualcomm Ventures to join Microsoft Ventures, to be succeeded by GCV Rising Star Quinn Li; and Frederic Rombaut has left Cisco after the promotion… Continue reading Editorial: New leaders need deft support
Organising for Innovation in Japan
Discussion at Kyushu University, Japan, identifies that Fukuoka, under its youthful mayor Soichiro Takashima (he was elected in 2010 aged 36), is one region continuing to explore its options to be a growth centre.
Editorial: CVCs and governments step up
All the VC deals (with named investors) on Friday had effectively corporate or government venture capital angles, including sole rounds by CVCs.
HPE and Microsoft enter Mesosphere
Data centre management technology company Mesosphere took its total funding to $126m with a $73.5m series C round featuring the corporates as new investors.
Brady Bunch Returns to USA
Silicon Valley Bank’s Gerald Brady announces at SVB/UKTI Showcase that he is moving back to California.
News round up 29 March 2016
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Alibaba reportedly invests $460m in UCar
Alibaba has denied reports that it has taken a 10% stake in chauffeured ride service UCar despite apparent documented evidence of the investment.
Weekly corporate venturing deal net: 21-25 March 2016
UK-based blockchain monitoring technology startup Elliptic completed a $5m series A round on Monday featuring Santander InnoVentures, a strategic investment subsidiary of financial services firm Santander. Paladin Capital Group led the round, which included KRW Schindler, Digital Currency Group and Octopus Ventures, the investment firm that provided $2m in seed funding for Elliptic in 2014.… Continue reading Weekly corporate venturing deal net: 21-25 March 2016
Lagou logs $34m series C round
The Bertelsmann-backed online recruitment service has now raised more than $60m in total and will use the money for product development.
Visionary VR breaks through with $6m
The virtual reality technology startup will use the capital raised through the oversubscribed series A round to grow its development and engineering teams.
Fove heads past series A stage with $11m
The virtual reality headset startup raised the money in a Colopl-led round that also featured Samsung and Foxconn.
Science Exchange swaps series B shares for $25m
US-based scientific research marketplace Science Exchange secured $25m in a series B round yesterday featuring O’Reilly Alpha Tech Ventures (OATV), the corporate venturing unit of publisher O’Reilly Media. The round was led by Maverick Capital Ventures and featured incubator Y Combinator’s Continuity Fund, Union Square Ventures, Index Ventures, Windham Venture Partners, Collaborative Fund, Fenwick &… Continue reading Science Exchange swaps series B shares for $25m
UniCredit confirms $220m fintech investment unit
UniCredit Evo will fund early-stage developers of innovative technology and mid-stage investments in more established companies.