The Merck & Co-backed antibody developer had secured $100m in equity and debt but has withdrawn plans for an IPO that would have raised $54m at the top of its range.
Month: February 2017
Nasdaq to enter the venture capital market
Nasdaq, which operates more than 80 exchanges worldwide, plans to invest in and help to develop financial technology that could benefit its business.
News round up 13 February 2017
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers
Recruitment in the automation age
Joe Saijo, managing director of Recruit Strategic Partners (RSP), the US-based corporate venturing unit of Japan-headquartered human resources (HR) provider Recruit Holdings, spoke to reporter Kaloyan Andonov about automation, artificial intelligence (AI) and the impact of disruptive drivers in the services sector.
Global Government Venturing Leadership Society launched
Paul Morris, corporate venture capital adviser at the UK Department for International Trade’s Venture Capital Unit, has been elected president of the Global Government Venturing Leadership Society. The leadership society will serve as a vehicle to connect corporate venturing units to contacts within the governments of countries in which CVCs wish to invest, and will… Continue reading Global Government Venturing Leadership Society launched
Analysis: The curious case of corporate capital correlation
Scott Lenet, founder and president, and Eric Budin, venture partner, Touchdown Ventures address to the GCVI Summit
GCVI Summit: ‘The time is now’
Above: Sue Siegel, GE, Jessica Straus, NVCA, Nagraj Kashyap on stage at the GCVI Summit 2017 Day 1 GE Ventures: building bridges Sue Siegel, chief executive of industrial products conglomerate GE’s corporate venturing unit GE Ventures, told the GCVI audience that for corporate venturers “the time is now”. Siegel, chairman of the GCVI Summit, gave the… Continue reading GCVI Summit: ‘The time is now’
Digitisation drives services sector to new heights
Support services companies around the world invested a record sum in 2016, committing $6.81bn across 182 deals in multiple sectors that are becoming increasingly digitised
EIB retreat underscores UK venturing’s Brexit challenges
Ever since Britain voted to leave the EU in June 2016, UK government venturers have braced themselves for a loss of EU funding. Northern Ireland has now learned that the European Investment Bank (EIB) will no longer be investing in its new fund – the first time a major government venturing deal has fallen apart… Continue reading EIB retreat underscores UK venturing’s Brexit challenges
French ambitions test university venturing
University corner: France
Why 2017 is the year for a quantum leap in venturing
Comment from Charmian Love, co-founder of Volans and B Lab UK
Five success factors in strategic investing
Comment from Jeff Allen, vice-president of strategic investments, Mastercard
Insider tricks for scaling portfolio companies
Comment from Ken Jakobsen, executive in residence, and Noah Lewis, managing director of healthcare, GE Ventures
Driving the next disruption in communications technology
Andrew Gaule talks to Matthew Koertge, managing director of Telstra Ventures