Sector report: Services
Month: February 2020
‘We’ve come a long way’
The former GE Ventures chief executive Sue Siegel’s speech after receiving the Lifetime Achievement Award
Summit glows with tributes and potential
February 2020 issue editorial by James Mawson, editor-in-chief, Global Corporate Venturing
Weel turns to BVx for more funding
Banco BV’s innovation arm has backed Weel in a round that increased the enterprise financing platform’s total funding to more than $63m.
From magic to motivational
In his book review of Ross Douthat’s the Decadent Society: How We Became the Victims of Our Own Success, investor Peter Thiel, says: “A renaissance will require motivational goals.”
SoftBank shifts $2.5bn to Vision Fund
The corporate has provided $2.5bn for Vision Fund, which is struggling to raise external capital but which is reportedly mulling a hedge fund-like vehicle.
Walvax enacts biomedicine fund
The biopharmaceutical company is providing more than $21m for an investment partnership with Jinsheng Capital with a projected close of approximately $87m.
DB Schenker shells out funding for Volocopter
DB Schenker, the logistics arm of Deutsche Bahn, has invested $21.7m in Volocopter, an air taxi developer already backed by corporates Daimler, Geely Holding and Intel.
Skoda skips from Workday to Morgan Stanley
Workday Ventures has lost its vice-president of investments, Brittany Skoda, less than two years after she joined the corporate venturing unit from Goldman Sachs.
Amber rams through $28m series A
Paradigm co-led the latest round for crypto trading services provider Amber, with Coinbase and Blockchain.com also investing.
OncoDNA hits the spot in series B round
Ackermans & van Haaren fund Sofinim returned for a $20.6m round that will fund the cancer-analysis software provider’s expansion and product development.
Carbon Clean Solutions captures $16m
CCSL will use the proceeds from the Marubeni and Chevron Technology Ventures-backed round to advance its carbon capture project pipeline.
Carevive receives $15m in series C funding
Debiopharm Innovation Fund and Philips Health Technology Ventures both contributed to the latest round for the cancer care software producer.
It’s a family affair
Family Capital, an online publisher, has compiled a list of the 50 top family or private investment offices that are direct investors in the venture world in 2019.