Swiggy has raised cash in a round featuring Naspers and Meituan Dianping that valued the food delivery service at $1.3bn.
Month: June 2018
VIPKid graduates to $500m series D+
Tencent, which backed the tutoring platform’s $200m series D last year, returned to co-lead a series D+ round that valued it at more than $3bn.
Xiaomi nets cornerstone investors for $6bn IPO
Qualcomm, China Mobile and SF Express are among seven cornerstone investors that will buy 10% of the shares in the Hong Kong offering.
Debate: In pursuit of corporate venturing’s end-to-end value
Intel’s Bryan Wolf and Mike Wall, CEO of Intel Capital portfolio companies Amplidata and Atempo, discuss the value CVCs can provide over a company’s lifecycle. Their conversation illustrates the value corporate investors bring to entrepreneurs – savvy CEOs recognise this and bring corporate investors in early, rather than waiting for a strategic round. Wolf: Let’s… Continue reading Debate: In pursuit of corporate venturing’s end-to-end value
The added value in bringing corporate venturers together
In 2017, Bell Mason Group (BMG) and GCV launched the CVC Trends & Insights project, an annual qualitative research initiative designed to “get in front of the data”. The inaugural report capped a look at five years of explosive CVC growth, highlighting the professionalisation of CVC as a speciality practice with defined roles and compensation… Continue reading The added value in bringing corporate venturers together
Mideast corporates need to get into venture capital
Badr Jafar, Crescent Enterprises, suggests that while the number of globally active CVCs is on the rise, in the Middle East CVCs are yet to be properly directed to benefit the start-up community.
Corporate venturing: a David and Goliath collaboration
Corporate venture capital, scouting missions, hackathons, excubators, venture clients, corporate incubators and accelerators – these are just some of the models for collaboration between large companies and startups. The practice – corporate venturing – has been adopted by firms such as Siemens, General Electric, IBM, Xerox, Merck and Lucent. There has been significant growth in… Continue reading Corporate venturing: a David and Goliath collaboration
Why corporate venture?
Alex Dundson of SaatchInvest has asked the question: “What does corporate venture really do?” Corporate venture’s most useful role is a sensing function. It gives corporates a good roadmap for the future. This is the most important function, especially in times of technology change. For opportunity spaces which are new markets or enabled by new… Continue reading Why corporate venture?
How smart technologies are transforming life and business
Erik Vermeulen, Tilburg University, discusses the future of smart technologies.
Goldman Sachs sets aside $500m for women-led initiatives
The investment bank’s Launch With GS program will invest in and assist late-stage companies and nascent funds founded by women.
CVC vs R&D – the good, the bad, and the ugly
When corporate innovative spirit goes stale, many corporations turn for their innovative ideas elsewhere. One popular source of new ideas and technologies is startups that may have the know-how but lack the complementary assets to see the new technology to fruition. Corporations create special corporate venture capital programs to invest in startups – much like… Continue reading CVC vs R&D – the good, the bad, and the ugly
Agorai arranges artificial intelligence accelerator
The artificial intelligence tool marketplace established the accelerator as part of a $26m investment drive in the UK’s AI space.
Rise of Chinese innovators lights fire under US leaders
Government house: China
Banrisul to bank on corporate venturing
The Brazil-based bank has supplied half the capital for a $13.5m fund that will invest in local fintech startups.