The Australian startup has bucked an overall down market for payments companies because it has features ideal for financial volatility. This is why Tencent, ANZ and Salesforce are investing.
Month: October 2022
What the world could learn from China’s supercluster strategy
China has a policy of superclusters to drive growth and is increasingly incorporating corporate venture capital initiatives into these clusters.
Daily Deal Round Up: October 14, 2022
Rakuten-backed Base Food is set to list on TSE’s Growth Market in an IPO valuing it at $329m while Mitsui was part of a $400m round for Yellow Door Energy.
Want to try CVC-as-a-service? 7 things you need to know
More and more corporates are turning to external specialists to run their venturing units. Here’s what you need to know before you take this option.
VIDEO: Future of energy lies in stabilising grid
The head of Siemens Energy Ventures explains why he targets investments in technologies that aid the movement and storage of electricity.
Wang moves to Amazon’s climate fund
Phoebe Wang announced she has left Shell Ventures, the corporate venturing arm of the UK-based oil and gas corporation, to join Amazon Climate Pledge Fund. Wang served nearly four years at Shell Ventures, working as the firm’s investment director, where she developed and implemented investment strategies and oversaw a $2bn fund. Wang told GCV,… Continue reading Wang moves to Amazon’s climate fund
Daily Deal Round Up: October 13, 2022
Thomas Reuters and Siemens participated in DataGrail’s $45m series C round while AyoConnect boosted its series B to $25m.
Daily Deal Round Up: 12th October, 2022
Consumer credit provider FinAccel secured $140m from investors including GMO Payment Gateway while Amgen helped brain disease drug developer Neumora raise $112m.
Saudi Arabia pumps billions into gaming and esports sectors
The Middle Eastern country aims to diversify its oil heavy economy through corporate venture investments.
‘Disrupting dysfunction’ — Google’s investment strategy in Africa
Nitin Gajria tells us why Google formed a $50m African VC fund and why it is investing in everything from mobile gaming to haulage services.
Daily Deal Round Up: October 11, 2022
Salesforce, ANZ and Tencent helped Airwallex boost its series E round to $300m while Hermes-Epitek chipped into a $30m series A for Ochre Bio.
CVC investing declines 57% in value during Q3
The value of corporate-backed deals slumped in the third quarter, but sectors like energy and telecoms bucked the trend as did a few geographies like Israel.
Daily Deal Round Up: October 10, 2022
BBC Studios bought portfolio company Firebird Pictures while SoftBank Vision Fund 2 led a nine-figure round for dental product maker SprintRay.
GVR Podcast: Learning to fail well – Dr. Samuel West, Museum of Failure
Samuel West of the Museum of Failure talks about how not all failure is created equal.