By the end of 2021, there were 226 rounds raised by university spinouts, up 9% from the 207 registered in the previous year.
Month: August 2022
Top deals for IT corporate investors
Corporates from the IT sector invested in multimillion-dollar rounds in a variety of sectors – telecoms, consumer, transport, health and IT.
Exits for IT sector investors
Corporate venturers from the IT sector completed 191 exits between June 2021 and May 2022 – 125 acquisitions, 30 IPOs, four mergers of equals, six buyouts and 26 other transactions.
New IT corporate venture funds
Some 37 newly-launched or refunded venturing units made investments in the IT sector between June 2021 and May 2022.
People moves: corporate investors in the IT sector
These were some of the key people moves in corporate venturing departments in the IT sector over the past year.
Tech companies slow investment activities
GCV recorded just 205 deals worth $7.42bn involving corporate investors from the IT sector in Q2. That is down more than 60% from last year.
Indian CVC funding drops as corporate divide solidifies
Corporate-backed deal numbers are remaining resolute in India but cash levels are dropping sharply as the space remains ever more reliant on the consumer economy.
Daily Deal Round Up: August 5, 2022
Maersk Growth took part in Afresh’s $115m series B round while ZeroFox acquired a Nasdaq listing when it completed a reverse takeover.
KnowBe4 establishes KnowBe4 Ventures
The security awareness group’s CVC unit will focus on the human layer of cybersecurity.
Prosperity7 Ventures lets in Lee
The Saudi Aramco unit has hired Sean Lee after adding fellow corporate venturers Daisy Garcia and Abhishek Shukla to the team in recent weeks.
Panich to lead SCB 10X
Tai Panich will now hold the CEO position at SCB 10X while maintaining her current post of chief venture and investment officer.
Carper takes off from Boeing
Greer Carper joined Fortem Technologies as CFO and VP of corporate development, having led Boeing’s corporate venturing activities from 2017.
Munich Re Ventures sees Ghost in $15m round
The application security software provider has emerged from stealth having secured funding from MRV, 468 Capital and DNX Ventures.
No lone rangers or “simple deal” people: What background should CVC hires have?
What are corporate VC managers looking for when hiring? A selection of industry figures tell GCV it isn’t just dealmakers, but intellectually curious team players and go-getters.