The Top 20: #1 Yao Xia, executive director, Tencent Investment
Month: January 2017
Gilo to take off with $30m from Kuang-Chi
Kuang-Chi’s GCI Fund has made its sixth investment and its first in the UK, supplying $30m in funding for aviation technology developer Gilo Industries.
Campanda makes tracks with $10.7m
Michelin’s travel services subsidiary has led the RV rental platform’s series B round, which also featured existing backer Ringier Digital Ventures.
Microsoft spells out Maluuba purchase
Microsoft has acquired speech recognition specialist Maluuba for an undisclosed amount, providing investor Samsung Ventures with an exit.
Simplivity converges with HPE in $650m acquisition
The Swisscom-backed data centre software provider, valued at over $1bn in 2015, has been bought by HPE for $650m in cash.
Zoom enters series D stage with $100m
The video conferencing software producer raised its latest funding at a $1bn valuation, securing the capital from investors including Qualcomm Ventures.
Letgo releases details of $175m round
Founding investor Naspers has joined a raft of VC investors for a round that boosted the fast-growing mobile commerce platform’s total funding to $375m.
Icix eats up $15.5m
Wesfarmers-backed Icix, which monitors supply chains to ensure food safety, has received a cash injection from private equity firm Arrowroot Capital.
Corephotonics captures corporates for series C
Israel-based camera technology developer Corephotonics has raised $15m in a series C round that included consumer electronics company Samsung, contract manufacturer Foxconn and mobile semiconductor producer Mediatek. An unnamed smartphone original equipment manufacturer (OEM) also took part in the round, which was co-led by investment firm Mizmaa Ventures and private equity firm Beijing Singularity Power… Continue reading Corephotonics captures corporates for series C
China banks on Europe with $11bn fund
Government house: China & Europe
Russia and Tsinghua anchor $100m fund
University corner: Russia & Tsinghua
GM Ventures – key component in General Motors’ strategy
What is the strategic role of GM Ventures within GM? GM Ventures was launched in July 2010 as a key component of GM’s corporate strategy to be a leader in technology and innovation. We identify and invest equity in startups that are developing automotive-related technology and business models to accelerate the introduction of innovations that… Continue reading GM Ventures – key component in General Motors’ strategy
GCV’s auto event drives to the future
Rarely in the long history of the automotive and transportation industries have they been as open and vulnerable to change as they are today. Car-sharing, ride-hailing, electrification, connectivity, the rapid emerge of autonomous vehicles in passenger and industrial transportation, and the demand for mobility-as-a-service are potentially as disruptive as the switch from horse and cart… Continue reading GCV’s auto event drives to the future
‘The guts and brains of the automobile’
Describe your role at Denso. My role is twofold. I lead a group that does direct investments in startup companies. I am also involved in Denso’s strategic M&A discussions. The startups are typically of strategic interest to Denso. We invest in the stages from seed to series B. Most of the opportunities we look at… Continue reading ‘The guts and brains of the automobile’