AAA July 2018 – Page 14

Strong second quarter and all-time high first half

In the second quarter of 2018, GCV Analytics tracked 721 funding rounds involving corporate venturers, a 21% increase over the 598 rounds recorded in the same period of 2017. Estimated total investment also surged to just over $50bn, up 83% from the $27.3bn recorded in the second quarter last year. The strong performance of corporate… Continue reading Strong second quarter and all-time high first half

Interview: Quinn Li, Qualcomm Ventures

Qualcomm Ventures is, compared with most corporate venture capital units, mature. Set up in 2000, the unit has successfully weathered the 2008 crash, CEO changes, and head of unit changes. How does it operate and maintain success? Li said: “We have been in business for 18 years. We have been very consistent with our strategy… Continue reading Interview: Quinn Li, Qualcomm Ventures

Deal uptick in June

The number of corporate-backed rounds reported in June was 256, considerably higher than the 222 funding rounds in the same month last year. Investment value rose even more significantly to $26.75bn – almost four times more than the $6.94bn of June 2017. Compared with preceding months this year, June sported stronger results than April and… Continue reading Deal uptick in June

Wayra Brasil finds five more

Wayra Brasil, a Brazil-based accelerator subsidiary of telecommunications company Telefónica, made investments in five local startups that had entered its year-long program last month. The portfolio companies in question include Back4App, the developer of an easy-to-use application development system, and Getup Cloud, which allows users to deploy, manage and scale applications on any platform. App… Continue reading Wayra Brasil finds five more