Fosun has led financial data technology startup Taodata’s latest round, in which it raised $15.8m, as part of a big data and AI investment strategy.
Month: March 2018
Qu Toutiao reports nine-figure funding round
The personalised news aggregator has raised more than $100m in a Tencent-led round that could reportedly precede an initial public offering.
What you had to say about this year’s GCVI Summit
GCVI had grown two times since last year. The attendees were still of great calibre and from interesting backgrounds. The networking opportunities for both first timers and experienced attendees were great. It is easy to have meaningful conversations with many like minded people. The quality of speakers as well as the moderators were top notch.… Continue reading What you had to say about this year’s GCVI Summit
Moogsoft detects corporates for $40m series D
Singtel Innov8 and HCL Technologies were among the returning investors in Moogsoft’s latest round, which was led by Goldman Sachs Growth Equity.
Microsoft’s startup initiatives
Microsoft provides an excellent example for a 360-degree startup strategy and a seamless integration of a corporate VC, accelerator and startup “evangelism motion” – motion is a term often used at Microsoft. There are only a few corporates on such a scale that are more serious about digital transformation. The cloud is Microsoft’s number-one priority.… Continue reading Microsoft’s startup initiatives
Outdoor Voices calls GV for $34m round
GV has led a series C round for activewear producer Outdoor Voices, which will use the funding to grow its chain of brick-and-mortar stores.
Arcus arcs to $120m IPO
Cancer immunotherapy developer Arcus Biosciences will float at the top of its range, scoring exits for Alphabet, Novartis, Celgene and Taiho.
Warby Parker frames $75m series E
T. Rowe Price, which previously led the eyewear retailer’s $100m round in 2015, has returned to lead a round that took its total funding to $290m.
Canada flies high
Innovative region: Canada
Heralding the impact revolution
It is a great pleasure to be here, with all of you, in Chicago, at our third global meeting since we picked up the baton from the G8 Taskforce in 2015. There are 560 of us present, from 43 countries, up from 320 and 32 countries in Lisbon last year. The impressive growth of our… Continue reading Heralding the impact revolution
Innovation initiative supplies food for thought
Andrew Gaule talks to Juan Amat (pictured), vice-president and general manager nutrition, western Europe and sub-Saharan Africa, PepsiCo
Interview: Grant Allen, head of ABB Technology Ventures
What is ATV’s primary value to ABB, financial or strategic? We are valued very much as a technology scout and an R&D accelerant and catalyst. We report to the chief technology officer, Bazmi Husain. Our investment committee consists of him, the head of operations for R&D, and then a floating member, who comes out of… Continue reading Interview: Grant Allen, head of ABB Technology Ventures
Industrials forge forward
Sector focus: Industrial
Number of deals declines
The number of corporate-backed deals in February was 131, noticeably down from the 174 funding rounds in the same month last year. Investment value, however, increased significantly – up from $5bn in February 2017. The deal count in February declined from the previous month (191 rounds). Total capital invested in corporate-backed rounds in February also… Continue reading Number of deals declines