Citi Ventures, Santander InnoVentures and American Express Ventures chipped in for a $52.8m series C round revealed together with approximately $7.6m in follow-on funding.
Month: September 2019
Yahoo, SoftBank and Naspers’ varying venture paths
Three corporate venturing windfalls have resulted in three different strategies to maximise shareholder value over the long-term.
CommonGrounds compounds series A funds to $140m
The Davidson Group was among the investors that have added $40m to flexible workspace provider CommonGrounds Workplace’s series A round.
First-timers fuelling the CVC fire
With innovation in technology fast outpacing traditional business processes, corporations are increasingly turning to investments as a way of adapting to change and staying ahead of the competition.
Increased corporate venture partnering in healthcare is reshaping industries
Corporate venture capitalists’ growing role in financing innovation is undeniable. In 2018, according to CB Insights, CVCs invested $52bn in US startups, an historic high and more than triple the $15.2bn they invested in 2013.
Diverse voices
Ahead of this month’s launch of GCV’s Diversity and Inclusion report, experts on the GCV Leadership Society D&I committee share their journeys
Innovative region: New York
New York has one of the most vital tech ecosystems in the world, with Silicon Alley in Manhattan said to be the east coast’s answer to Silicon Valley.
BMW’s great innovation fail – 10 ways to do better corporate venturing
The news of BMW CEO Harald Krüger’s impeding ‘retirement’, which broke in July, was hardly a shock, as the writing was on the wall for years.
Setting up records – 2019’s first half in university venture
Sister publication Global University Venturing’s analysis of the second quarter of 2019 shows increased investment activity as the year progresses and record-breaking amounts generated through exits.
After the honeymoon ends: making corporate-startup relationships work
Accelerating market forces are pressuring even well-established companies to innovate and tap new markets to stay ahead of the competition.
Can corporate engagement with startups be not-for-profit?
Engagement of large corporates with startups can contribute to innovations in a big way. Size, resources and efficient processes of big companies complement the ideas, agility and risk-taking orientation of the startups to spur innovative solutions.
Digital health comes of age in IPO surge
The developing digital health sector has had to wait almost three years for the public markets to open up to it, but when they did, it was corporate venturing portfolio companies that were first through the flotation exit doors.
Unmasking smart capital: a taxonomy of CVC unit types
Corporate venture capital (CVC) units help their ventures flourish by offering value-adding services. Effective CVC initiatives offer services that help ventures design, implement, and manage activities to create and capture value.
Telecoms poised for the advent of 5G
Sector review: Telecoms