RTL has paid an undisclosed amount for a 50% stake in Bedrock, the vehicle through which M6 has spun off its catch-up television and streaming services.
Month: March 2020
Israel’s innovation ecosystem hosts event
The third annual Global Corporate Venturing Israel conference took place in Tel Aviv on February 11 in partnership with local corporate innovation advisory firm Axis Innovation.
Corporate VCs are like basketball point guards
Comment from Scott Lenet, co-founder, Touchdown Ventures
Getting to scale and long-term staying power
Perspective from a CVC practice innovator by Bill Taranto, president, Merck GHIF
Industrials continue to grind forward
Sector analysis: Industrial
Analysis: Wipro Ventures exits Emailage to LexisNexis
Wipro Ventures exited email security software developer Emailage, when it was acquired by LexisNexis Risk Solutions. The sizeable deal is part of the wider cybersecurity space which has been popular over recent years.
Drawing the right lessons from the peak
March 2020 issue editorial by James Mawson, editor in chief, Global Corporate Venturing
Impossible Foods husbands $500m F round
Impossible Foods, the US-based plant-based meat producer backed by internet and technology conglomerate Alphabet, has raised $500m – substantially more than the $300m to $400m it had been targeting – in part as the environmental impact of industrial-scale animal husbandry with its heavy use of antibiotics becomes clearer.
Airwallex aims for $200m
The Tencent, Bank Central Asia and Mastercard-backed cross-border remittance service is seeking series D funding and is in talks with an unnamed financial services firm to lead the round.
Mastercard backs $125m Covid-19 accelerator
Covid-19 Therapeutics Accelerator has launched with $125m to find treatments for the pandemic, $25m of which came from Mastercard.
Impossible Foods cooks up $500m series F
Alphabet-backed meat substitute provider Impossible said it plans to use the series F funding to shore up against expected disruption by the coronavirus pandemic.
Confluent looks to consolidate with $300m
The LinkedIn-backed data streaming platform developer is in talks with investors for a $200m to $300m round that could double its valuation to $5bn.
Fullerton Healthcare mulls sale move
Ping An-backed health services provider Fullerton could theoretically seek an acquisition deal or spin off its digital division.
Noodle.ai gets the nod in $21m round
Mitsubishi Corporation and Dell Technologies Capital helped AI software provider Noodle.ai boost its total funding to $72m.