Instead of buying Figma for $20bn Adobe might have been better served by expanding its CVC programme. A deal to take out one competitor is standard business practice but doesn’t fix Adobe’s burning platform.
Month: September 2022
The Standout Six: Deals you need to note this week
Alphabet led a $1bn round for its life sciences unit, PTT bets on insect startup and corporate-backed Propzy is set to shut down.
Daily Deal Round Up: September 16, 2022
Intuitive Surgical was part of Galvanize Therapeutics’ $100m series B round while Intel Capital participated in a $90m series C for Fortanix.
What is strategic investing for a telecoms company in 2022?
As telecoms networks continue to expand their services, what even counts as a strategic investment these days? A selection of industry figures tell Global Venturing it can include Web3, ESG and 5G-related technologies.
Investments in telecoms startups halved in 2021
Corporate investors shied away from big funding rounds for telecoms startups, with the value of deals down to $2.42bn in 2021 from $5.14bn the year before.
Telecoms incumbents part of $50bn worth of exits in 2021
Telecoms companies had 91 exits for their portfolio companies last year, with an estimated total value of $50bn.
A resurgence in telecoms funds?
Telecoms investment funds had a boom in 2014-16 which has not been repeated since. But 2021 saw signs of an uptick with telcos in emerging markets creating investment funds.
Funding for university telecoms spinouts picks up
In 2021 there were just two funding rounds raised by university spinouts developing pureplay telecoms related technologies, but things appear to be looking up in 2022, with four rounds so far. The level of estimated total capital deployed in 2022 stands at $105m, a big jump from last year. The 2022 number are still considerably… Continue reading Funding for university telecoms spinouts picks up
SoftBank creates ripple of job moves in telecoms sector
Job moves in the investment arms of telecoms companies over the past year, many of them involving rotation at SoftBank.
5G starts to pull telecoms sector out of investment doldrums
Two main forces are shaping investment in the telecoms sector. On the one hand, one of the most active telecoms sector investors, SoftBank, has suffered $23bn losses, as reported by the New York Times, and is pulling back on investment activity. At the same time, 5G telecoms networks are finally becoming extensive enough to create… Continue reading 5G starts to pull telecoms sector out of investment doldrums
Web3 is a ‘game changer’ for telecoms says Telefónica Ventures
Telefónica Ventures head of investments Pablo Moro tells Global Venturing Web3 and the metaverse are now among its priorities, with play-to-earn, tokenisation, VR and AR among the potential strategic areas.
Melnikova recruited to Pfizer Ventures
Pfizer Ventures has hired Irena Melnikova, formerly CFO of Umoja Biopharma and MD of SVB Leerink, as an executive director.
Daily Deal Round Up: September 15, 2022
Next47 has participated in a $205m series D round for Verkada while UPMC Enterprises has co-led SparingVision’s $75m series B.
How CVCs can survive a downturn — 6 tips from JetBlue and Merck
Invest in a business development function — early. Be creative with funding and careful with how your strategic value is measured.