It has been interesting to be working closely with management experts Boston Consulting Group (BCG) ahead of its forthcoming series of reports on corporate venturing, one to be published at our Global Corporate Venturing Digital Forum on 3-4 June, about how their models estimate likely economic impacts in such uncertain times and what the implications are for different sectors.
Month: April 2020
CVC in the Time of Coronavirus: Jason Miles, VFS Innovation Ventures
Although newly formed, Volvo Financial Services’ strategic investment arm is optimstic about the potential of mature technologies meeting more inviting valuations.
Cohesity collects $250m in series E round
HPE, Cisco Investments and SoftBank Vision Fund chipped in as the data management platform developer more than doubled its valuation to $2.5bn.
Swiggy swings series I to $156m
Tencent has once again thrown its weight behind online food delivery platform Swiggy for a $43m extension that also featured Samsung Ventures, bringing the round’s total size to $156m.
Keros bosses IPO to raise $96m
Partners Healthcare and Medison Pharma-backed Keros Therapeutics floated at the top of its range and will look to advance its musculoskeletal disorder drug candidates.
Runcheng runs to QST in series B-plus round
Runcheng Group was among the participants in a $49.4m round for the mobile sensor producer, which will use the cash to expand inertial measurement unit production.
Tyto Care takes $50m
The remote diagnostics technology developer increased its total funding to $105m in a round co-led by new investor Qualcomm Ventures.
AISpeech accepts series E funding
BAIC Group has contributed to a $57.8m round for AISpeech, a natural language processing technology developer already backed by Foxconn, MediaTek and Legend Holdings.
SoftBank puts funding into Petlove
The pet-focused e-commerce platform received $47.5m from SoftBank’s Latin America fund and will use it to meet increased customer demand.
Google kickstarts SDG-focused accelerator
Google for Startups Accelerator will begin on April 21 with an initial cohort that includes concepts related to the UN’s environment, inequality and health objectives.
CyberMDX secures $20m
Mutual insurer Sham has led a $20m round for healthcare cybersecurity software provider CyberMDX that expanded its total funding to $30m.
InDeco adorns series C with $20m
Eight Roads Ventures led the office design software provider’s latest round, which included corporates BASF and Saint-Gobain.
Venture needs to tread carefully in the geopolitical world
Twenty years ago Malcom Gladwell wrote a perceptive essay for the New Yorker magazine on why some people choke and others panic, and how these different responses tended to manifest.
ClearSky helps cleave out $15m for Okera
Capital One-backed data access platform developer Okera boosted its overall funding to almost $30m and is investing in sales, marketing and engineering.