The China-based educational robot builder was sold to Beijing Shengtong, providing an exit for private education services provider New Oriental.
Month: November 2016
From zero to one in the connected and autonomous car
The evolution of a company in the automotive market is like an unknown route with road bumps – prohibitive laws, traffic jams of negotiations, a surging number of market players on the same route striving to overtake you and grab their market share. Moving quickly and purposefully alongside emerging technology start-ups and technologies being developed… Continue reading From zero to one in the connected and autonomous car
Ximu Credit nets $15m series A
Existing investor Fosun Kinzon Capital returned to reinvest in the personal credit rating provider as part of a round that will support research and development.
Wynd carries corporate support to $31.7m series B
The newly formed Sodexo Ventures joined existing backer Orange Digital Ventures to help the point-of-sale software developer expand internationally.
Peloton Technology, Inc. – a case study in multi-corporate VC co-investment
Peloton Technology is a California-based semi-autonomous vehicle technology business. It enables heavy vehicles to link together in a tightly-knit peloton (hence the name) to reduce fuel costs and increase safety. It does through radar-based braking systems and vehicle-to-vehicle communications. Peloton’s roster of shareholders is a who’s who of corporate VC leaders in the automotive sector.… Continue reading Peloton Technology, Inc. – a case study in multi-corporate VC co-investment
Foxconn logs into Megvii with $20m investment
China-based image detection software developer Megvii Technology has secured a $20m investment from contract manufacturing company Foxconn, China Money Network reported on Wednesday. Computer accessories manufacturer Foxteq Holdings, a subsidiary of Foxconn, made the investment, and acquired just over 2% of Megvii shares, equivalent to a stake of about 3%. Foxconn invested in Megvii as… Continue reading Foxconn logs into Megvii with $20m investment
Finding and creating new value in mobility
Jonathan Tudor, director at BP Castrol innoVentures, sets out his venturing strategy below. Connectivity, autonomy, efficiency and mobility as a service are key themes. Just in case you’re wondering, he drives an S Jaguar and a BMW i3. Please explain your venturing strategy. The role of Castrol innoVentures is to create new value and… Continue reading Finding and creating new value in mobility
All-tech venturing for a new mobility paradigm
Contributing editor Tom Whitehouse speaks with Ian Simmons, vice-president business development, Magna International
Helpshift harnesses Cisco to lift series B to $25m
Cisco Investments has added to the $23m in series B funding the customer support technology provider raised from backers including Microsoft, Salesforce and Intel in June.
The guts and brains of the automobile
Q&A with Tony Cannestra, Director of Corporate Ventures, Denso International America
Corporate venturing and the future of mobility and automotive technology 2016
Foreward by Tom Whitehouse, chairman, Leif, and contributing editor, Global Corporate Venturing
EDF and Eren score Acme exits
Conglomerate Piramal has invested $73m in the solar energy developer, part of which will go to buying out power producers and investors EDF and Eren.
Yum China considers eating up Daojia for $200m
The fast food operator could beef up its food provision by acquiring the online food delivery app developer in a deal that would allow JD.com to exit.
Kymab closes $100m series C
The monoclonal antibody developer took its total funding to about $220m since 2010 in a round that included Shenzhen Hepalink and Malin Corporation.