When TechStars launched TechStars Studio they described it as an environment for corporates “to rapidly envision, validate, and launch disruptive new startups”. In addition to TechStars Studio, a burgeoning number of venture studios have been launched.
Month: May 2019
Spain flies the flag for entrepreneurs
Innovative region: Spain
Impact investing – time to capture market potential
Sometimes one bottom line is not enough. Many investors are no longer satisfied simply by turning a profit. More and more also want their investments to generate a positive impact in the world.
A first quarter to smile about
University corner: first quarter of 2019
Analysis: Uber floats in $8.1bn IPO
Ride hailing services company Uber, backed by many corporate investors, held its long-awaited $8.1bn IPO, which was the world’s largest since 2014, though many consider it a disappointment
April yields mixed results
Monthly analysis: April 2019
Finarya finalises $21m in funding
Finarya is lining up funding from state-run bank BRI’s corporate venturing unit, which is taking a 19% stake in the Mobile wallet provider.
Wells Fargo helps assemble Connect Homes’ series A round
Prefabricated housing developer Connect Homes now has corporate backing in the form of Wells Fargo Strategic Capital, which invested in its $10.8m series A.
Corporate venturing deal net: 13-17 May 2019
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
CompStak constructs $12m series B round
The real estate database operator has now raised $28m altogether, adding $12m in a round that included strategic investor RealPage.
Mor Research locates Precision Medicine Fund
Clalit Health Services unit Mor Research Applications has backed Aspire Venture Precision Medicine Fund and partnered its Smart Health Innovation Lab.
Neolix drives off with series A cash
The CHJ Automotive-backed company plans to put the $14.5m into accelerating the development of its driverless delivery vans.
Deliveroo collects $575m in Amazon-led round
Amazon is leading a series G round that will increase Deliveroo’s funding to more than $1.5bn altogether, with the cash to support hiring and geographical growth.
Sansan seeks public listing
Shareholders including Japan Post, Salesforce, CyberAgent, Recruit, GMO, Nippon Life and Nikkei are all in line for exits when Sansan floats in Japan next month.