The series B capital was provided by undisclosed backers, and follows a $10m series A investment by Baidu in 2014.
Month: November 2016
Suning gets fresh with Yiguo in $200m round
Home appliance retailer Suning Commerce has led a $200m series C+ round for fresh food e-commerce platform Yiguo.com that included existing investor Alibaba.
A new energy paradigm
Tom Whitehouse, contributing editor, and chairman of London Environmental Investment Forum, explores trends in cleantech
Bytedance looks to take $1bn step forward
Bytedance, the Sina Weibo-backed owner of news aggregation app Toutiao, could raise the funding at a $1bn valuation, 20 times that of its last round in 2014.
Building a successful internal innovation program
At Cisco, we set up online resources through videos, a website, links, workshops and downloadable guides.”
Why the top entrepreneurs seek corporate venture money
“Entrepreneurs are waking up to the many distinct strategic advantages that CVC investors are increasingly bringing to the deal table.”
The accidental VC – insights from a legend
You have one of the best corporate venturing track records in Asia over the past 16 years. To what do you attribute your success and of what are you most proud? Success is always a function of timing and opportunity with a bit of luck. I attribute my success mainly to three things – sector… Continue reading The accidental VC – insights from a legend
Boosting economies and ecosystems with accelerators
Andrew Gaule talks to Zack Weisfeld, general manager, Microsoft Accelerators.
An upsurge in financial services and insurtech
Sector focus: Financial Services
A month of IPOs
Over October, GCV Analytics tracked 155 deals backed by corporate venturing investors, worth an estimated total of $3.92bn. The US hosted the majority of those deals (86), although some of the top rounds took place in China. China and India ranked second and third with 14 and 9 deals respectively. In October, there was a… Continue reading A month of IPOs
Those with vision seek the best alliances
The smartest regions are not necessarily those with the brightest people.”
Chuisano to leave J&J after 36 years
Mike Chuisano will remain in his role through January 1, 2017, as he transitions venture investment portfolio responsibilities to his successor.
Asarina aspires to Ergomed-backed round
Asarina Pharma has raised $7.7m from investors including Ergomed, which will help it with phase 2b trials of its premenstrual dysphoric disorder treatment.
Atterwill chooses Eight Roads for next step
Fidelity subsidiary Eight Roads has appointed Laura Atterwill as talent partner, tasking her with developing a pipeline of investment talent.