Mastercard and the BBVA-backed Propel Venture Partners have contributed to a series B round that will support product development and growth.
Month: December 2017
Toyota hires Ford for corporate venturing
Newly hired principal Jill Ford will source new investment opportunities for Toyota AI Ventures and work with its existing portfolio companies.
Corporate venturing deal net: 11-15 December 2017
E-commerce group Alibaba paid an undisclosed amount for a 10% stake in Xiaopeng, the China-based electric car developer also known as Xpeng, automotive news and sales platform Gasgoo reported on Wednesday. The corporate invested alongside GGV Capital, Matrix Partners China, Morningside Venture Capital, IDG Capital, Shunwei Capital, Everbright Zhongying Capital, Lightspeed Venture Partners and Kinzon… Continue reading Corporate venturing deal net: 11-15 December 2017
American Family adopts Networked Insights
The insurer has purchased the marketing analytics platform for an undisclosed amount, 11 months after an investment by its corporate VC unit.
Rosatom and Skolkovo to shape startup contest
Energy company Rosatom and Skolkovo Foundation have launched Vector, a competition
Skillz raises $25m to pay the bills
The mobile eSports platform has almost doubled its total funding with a series C round co-led by corporates Telstra and Liberty Global.
Teaser from the World of Corporate Venturing 2018 survey
GCV Analytics conducted its annual survey on the state of the corporate venturing industry in October and November 2017. A total of 60 respondents participated. The response rate was slightly lower than in previous years due to the considerable additional length and depth of the survey (we asked over 40 questions this time). However, we… Continue reading Teaser from the World of Corporate Venturing 2018 survey
Analysis: Kingsoft Cloud receives $300m
Cloud storage firm Kingsoft Cloud raised $300 in a series D round, one of the largest rounds in the cloud tech space in 2017
Billie fills up series A round
Existing investor Rocket Internet has returned to take part in an $11.8m round for online business lending startup Billie.
Relay completes $63m series B leg
GV has joined the investors in oncology treatment developer Relay Therapeutics, which has now raised $120m altogether.
ThinkForce breaks through to $68m series A
ThinkForce is working on semiconductor technology that integrates artificial intelligence, and has raised its inaugural funding round from investors including Yitu.
Simility detects PayPal to raise $17.5m
The fraud detection platform developer will use the funding to expand its sales operations and grow its data science team.
Dreamscape admits corporates to $30m series B
AMC led the round, which included Dreamscape’s fellow strategic partners Nickelodeon, Majid Al Futtaim, VRSense and Image Nation Abu Dhabi.
ESS stores $13m in funding
Chemicals producer BASF has led a series B round for ESS, which will use the funding to automate manufacturing of its iron flow battery.