Comment from Mark Minevich, senior fellow, US Council on Competitiveness
Month: November 2018
Where’s my new risk model?
Comment from Ian Cox, head of Synchrony Ventures
Spin Memory turns to corporates to raise $52m
Memory technology supplier and New York University spinout Spin Memory has secured $52m in a round featuring Applied Ventures and Arm.
Suennen to supervise Manatt’s venture capital activities
Lisa Suennen has joined law firm Manatt Phelps & Phillips two months after leaving GE Ventures, and will head its corporate venturing fund.
KaDa Story gets A-plus result
37 Interactive Entertainment and existing backer TAL Education both invested in a $14.4m round for the children’s literature platform.
Talkdesk sets aside $10m for Innovation Fund
Call centre software provider Talkdesk has formed a $10m investment fund partially based on one of its investors, Salesforce Ventures.
Toyoda Gosei assembles corporate venturing fund
The automotive parts producer intends to invest $26.3m in robotics, semiconductor, advanced materials and car components technology in the next two years.
Corporates exit as HealthLoop joins GetWellNetwork
GetWellNetwork has bolstered its digital experience by acquiring the patient engagement platform, giving exits to iCarbonX, Lafayette General and Summation Health Ventures.
Deepcore helps Engineer.ai build series A round
SoftBank’s artificial intelligence-focused DeepCore fund took part in a $29.5m round for the software development platform, which will now move into Asia.
SoftBank helps hand $4bn to Ele.me-Koubei venture
SoftBank was among the investors in a round for Alibaba’s recently merged local services platforms Ele.me and Koubei that valued it at $30bn.
Vision Fund vies for $4bn in debt
SoftBank’s $97.7bn Vision Fund, which was recently reported to be seeking $9bn in debt financing, has hired Goldman Sachs and Mizuho to oversee a $4bn second facility.
Mogu makes for public markets in $200m IPO
The Tencent, Bertelsmann and Ping An-backed owner of social commerce platform Mogujie is looking to raise $200m in the offering.
Harpoon shoots to $70m series C round
Lilly Asia Ventures and existing investor Taiho Ventures both contributed to a round for immunotherapy developer Harpoon Therapeutics following a $45m series B last year.
Forescout successfully tracks SecurityMatters in $113m deal
Forescout Technologies has paid approximately $113m to acquire operational technology security provider SecurityMatters, allowing KPN, Bosch and Phoenix Contact to exit.