GCV Powerlist member Natalie Hwang has departed from Simon Property Group where she oversaw its investment arm for nearly five years, and set up a growth equity firm.
Month: May 2020
Corporate venturing deal net: 25-29 May 2020
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Idriverplus parks series C funding
The Arm-backed Hopu-Arm Innovation Fund led a series C1 round for the autonmous driving software developer, whose existing backers include Baidu Ventures.
Connexity completes Skimlinks acquisition
Bertelsmann Digital Media Investments has exited affiliate marketing service Skimlinks, which was purchased by Connexity for an undisclosed amount.
UTokyoIPC unites with corporates for carveout fund
Astamuse and Dream Incubator have combined with University of Tokyo for a carveout fund equipped with just over $26m in capital.
Accern accepts $13m in series A round
Allianz Life Ventures invested in the artificial intelligence software developer as part of a round that took its total funding to $14.5m.
Goodpatch goes with IPO plans
The user interface engineering startup is set to list on TSE’s Mothers Market, handing exits to Blue Rose, Digital Garage, Finc, Mitsui Sumitomo Insurance and Salesforce.
JXTG Accelerator showcases 2019 contenders
The oil and metals producer’s accelerator program has announced five startups for its second edition and hosted the demo day online.
C Channel switches to public markets
The female-focused media services provider has listed in Japan, enabling Asahi Broadcasting, AsobiSystem, GMO, Gree, Hakuhodo DY, iStyle, MAK, NEC, Nexyz, Seraku, SoftBank and TBS to exit.
Oncology Analytics concludes $28m series C
Blue Venture Fund and McKesson Ventures returned to reinvest in the cancer care analysis platform through a round that almost doubled its overall funding.
Stackin’ cracks series B round
Existing backer Experian Ventures was among the investors as the text message-based financial education provider raised $12.6m.
ViaCyte stabilises series D at $107m
The diabetes treatment developer, which counts WL Gore and Johnson & Johnson as investors, has raised a further $27m for its latest round.
Bright.md beams in series C funding
Philips Health Technology Ventures and UnityPoint Health Ventures have taken part in a $16.7m round for the telehealth technology provider.
Keeping your options open
The power of science fiction films retains its hold when it comes to inspiring inventors, but the secret to corporate venturing and open innovation lies in retaining optionality.