July-August issue editorial by James Mawson, editor-in-chief, Global Corporate Venturing
Month: July 2020
CyberAgent Capital secures new team members
CyberAgent has added seven team members at its corporate venturing unit in a bid to help portfolio companies in areas including technical aspects and public relations.
Nissay Capital announces 50M’s third batch
Nippon Life’s accelerator initiative has announced its latest members, who will work towards a demo day scheduled for March 2021.
Butler Hospitality sweeps up $15m
The virtual room service provider boosted its valuation to $85m in a series A round that included existing investor Kraft Group.
iOnctura reaches $24.5m series A close
3B Future Health Fund has participated in the cancer drug developer’s $5.8m extension round, investing alongside returning backers including M Ventures.
Eyes on India’s prize
The US has a historic opportunity to learn lessons from its Cold War experience in its handling of India.
Alphabet allocates $10bn to Indian investments
Alphabet and its Google subsidiary will back India-based companies as part of its newly formed Google for India Digitization Fund.
AMR Action Fund attracts nearly $1bn
A total of 23 biopharmaceutical producers have committed capital to the vehicle, which will provide funding for the creation of new antibiotics.
Qualcomm mobilises $97m for Jio Platforms
Reliance’s 5G-focused digital network spinoff has added Qualcomm Ventures to an investor base that already includes Intel Capital and Facebook.
Eir Ventures achieves $86m first close
Novo is among the limited partners for Eir Ventures, which has launched with $86m to invest in life sciences technology startups.
Forbion fetches $210m for growth fund
Eli Lilly and Horizon Therapeutics contributed to the life sciences venture firm’s Forbion Growth Opportunities Fund, which will make late-stage investments.
Ping An helps Taulia take $60m
The supply chain intelligence provider was valued at up to $400m in a round led by Ping An Global Voyager Fund that included Aramco’s Prosperity7 Ventures.
Kindbody gets $32m in funding benefits
NFP and Alphabet’s GV unit contributed to a series B round that will help the fertility and gynaecology services startup expand its brick-and-mortar outlets.
Notarize contracts $35m in series C round
The online notary, whose backers include Lennar and Realogy Holdings, has raised $82m altogether, having revealed it closed funding in March.