“It is hard to see how these investment vehicles are not mutually beneficial”
Month: October 2016
Movidius: a classic example of faith in new technology
Intel has announced its intention to acquire Movidius. My firm, Robert Bosch Venture Capital (RBVC), invested in Movidius in 2013 alongside other investors, including Atlantic Bridge and DFJ Esprit. We are proud to be a part of the success story of Movidius, and congratulate the CEO Remi El-Ouazzane, the founders Sean Mitchell, David Moloney, Valentin… Continue reading Movidius: a classic example of faith in new technology
Data dive into a decade of corporate venturing exits
Analysis: Exits
Solar, storage and grid technologies power the sector
Sector Focus: Energy
Transport and autotech drive
Over September, GCV Analytics tracked 164 deals backed by corporate venturing investors, worth an estimated total of $6.09bn. The majority of those deals (74) took place in the US, although some of the top rounds were almost evenly distributed between China, the US and other geographies, such as Singapore and Canada. The number of deals… Continue reading Transport and autotech drive
Is now the ‘most treacherous’ moment?
Joseph Baratta, global head of private equity at the $356bn alternative investment manager Blackstone Group, speaking at the WSJ Pro Private Equity Analyst Conference in New York last month, said: “For any professional investor, this is the most difficult period we have ever experienced. You have historically high multiples of cashflows, low yields. I have… Continue reading Is now the ‘most treacherous’ moment?
Breed Reply admits four more
UK-based internet-of-things technology startups Callsign, RazorSecure, Iotic Labs and Senseye have become the latest to secure funding from Reply’s advanced incubator.
Oil India joins Indian fund rush
The state-owned oil and gas company has launched a $7.5m investment vehicle, while IndianOil is putting $4.5m into its own unit.
Helsinn finds OncoResponse in $19.5m series A
The immuno-oncology antibody developer added $7m from Helsinn and GreatPoint to a round already containing Baxalta, MD Anderson and Alexandria Real Estate Equities.
Tyson fights for Beyond Meat stake
Tyson Foods has picked up a 5% stake in vegan food producer Beyond Meat, which reportedly received $17m from investors including General Mills last year.
Saudi Aramco gets Airborne stake
The company’s corporate venturing unit contributed almost half of the $25.5m in series C funding raised by Airborne Oil and Gas, which is also backed by Shell, Chevron and Evonik.
Wimdu and 9Flats to move in together
Deutsche Telekom-backed 9Flats and Rocket Internet-backed Wimdu are set to merge and will form an online accommodation platform with an estimated 500,000 listings.
Startups to get a chance in Helsinn
Cancer care group Helsinn has put $50m into a corporate venturing unit called Helsinn Investment Fund that will target early-stage companies.
Novo to exit iRhythm in forthcoming IPO
The advanced electrocardiogram developer has set the range for an initial public offering sized at up to $91m, with Novo, Kaiser Permanente and St. Jude set to exit.