A member of the top 25 from the Global Corporate Venturing Powerlist
Month: May 2016
Auctionata and Paddle8 bid to merge
Hearst-backed vintage goods auctioneer Auctionata has agreed to merge with contemporary art auction platform Paddle8 to target the sub-$500,000 market.
GCV Powerlist 2016: Nagraj Kashyap, Microsoft Ventures #5
A member of the top 25 from the Global Corporate Venturing Powerlist
GCV Powerlist 2016: Tom Heyman, Johnson & Johnson #4
A member of the top 25 from the Global Corporate Venturing Powerlist
GCV Powerlist 2016: Charles Searle, Naspers #3
A member of the top 25 from the Global Corporate Venturing Powerlist
Oncobiologics diagnoses $35m IPO
The biosimilar developer, backed by Strides Arcolab, floated at around half the price of its range having first filed for a $115m initial public offering in January 2016.
China Online Education heads to US for $100m IPO
The company, the operator of language tutoring platform 51Talk, has raised $58m from backers including strategic partner Duowan Entertainment.
Taobao Movie sets the scene for $260m series A
Alibaba Pictures has attracted capital from a consortium featuring Ant Financial and Sina Corp for its Taobao Movie ticketing service, valuing the subsidiary at $2.1bn.
GCV Powerlist 2016: Wendell Brooks, Intel Capital #2
A member of the top 25 from the Global Corporate Venturing Powerlist
GCV Powerlist 2016: Zhaohui (Jeffrey) Li, Tencent Investment #1
A member of the top 25 from the Global Corporate Venturing Powerlist
Big Deal: Apple boards Didi Chuxing
Didi Chuxing has received $1bn from Apple as part of a reputed $3bn round and is said to be planning an IPO in 2017, but the deal heralds an alliance that could end up helping to shape transport itself.
Verdine heads to WuXi Healthcare Ventures
Gregory Verdine, a founder or co-founder of several publicly-listed pharmaceutical companies, has joined WuXi PharmaTech’s investment arm as a venture partner.
Weekly corporate venturing deal net: 9-13 May 2016
McKesson Ventures and Salesforce Ventures, the respective corporate venturing vehicles for pharmaceutical product supplier McKesson Corporation and enterprise software provider Salesforce.com, contributed an undisclosed amount on Tuesday to a series C round being raised by US-based healthcare management software developer Evariant. The round also includes existing backers Health Enterprise Partners, Lightspeed Venture Partners and Goldman… Continue reading Weekly corporate venturing deal net: 9-13 May 2016
News round up 16 May 2016
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.