Ireland-based e-commerce data science company Sales Optimize scooped first prize and £100,000 ($135,000) at the Salesforce Ventures’ DreamPitch event in London last week. Sales Optimize maps e-commerce websites on the internet to create sales leads for suppliers to e-commerce businesses. Three companies presented to a large audience and a panel of three judges: Jacqueline de… Continue reading Sales Optimize Wins £100,000 prize from Salesforce Ventures
Month: May 2018
Three charts on corporate venturing
This week we offer our readers three interesting charts presented at GCV Symposium in London last week.
Analysis: FAW Group drives Byton for $260m
Carmaker FAW Smart car will invest $260m in smart car developer Byton as part of a series B round expected to reach $500m in size.
Corporate venturing deal net: 14-18 May 2018
Seven Ages, a China-based company that produces live musicals based on western properties, raised an undisclosed amount last month in a series B+ round led by e-commerce firm Alibaba’s Live Entertainment Business Group, it revealed yesterday. The round, described by Seven Ages as the largest single investment ever in China’s musical industry, included existing investor… Continue reading Corporate venturing deal net: 14-18 May 2018
Play2Live applies $2m to strategic fund
The unit will provide up to $150,000 in funding for gaming or eSports projects in Eastern Europe.
Lykke ventures to Blockchain Valley
Blockchain Valley Ventures has launched an incubator and VC investment vehicle with support from Lykke Corporation.
News round up 21 May 2018
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Google gets inside Cask Data
Ericsson will exit big data software producer Cask, which has agreed to an acquisition of undisclosed size by Google.
Parsable parks $40m in its account
Existing investors Airbus and Saudi Aramco were among the participants in a series C round that lifted Parsable’s overall funding to $68m.
Westpac reinvests in partner firm Reinventure
Financial services firm Westpac has put another $37m into Reinventure, and the venture capital firm now has $111m of assets under management.
Underscore VC marks second fund with $117m
US-based venture capital firm Underscore VC closed its latest fund at approximately $117m yesterday, securing healthcare provider Boston Children’s Hospital as a limited partner. The fund’s LPs also include Greenspring Associates and various family offices, according to TechCrunch. The fund was raised after the existing LPs for Underscore’s first fund approached the firm about a… Continue reading Underscore VC marks second fund with $117m
Home24 moves towards $235m IPO
Rocket Internet-backed e-commerce platform Home24 is seeking between $178 and $235m as it prepares to float on the Frankfurt Stock Exchange.
GCV-BMG 2018 CVC trends and insights project
Introduction In our inaugural 2017 CVC Trends & Insights summary report (http://www.bellmasongroup.com/insights/) we capped a look at the last five years’ explosive growth of global corporate venturing programs, highlighting the professionalisation of CVC specialty practices, the standardisation of foundational CVC team roles and with now documented external benchmarks framing compensation design, and noting the progressive… Continue reading GCV-BMG 2018 CVC trends and insights project
Canopy stretches its latest round to $42m
Tenaya Capital and Nyca Partners added $12m to a round already containing Wells Fargo Strategic Capital, taking Canopy’s total funding to $72m.