A new breed of artificial intelligence startups are moving from basic automation into new areas of creativity. Here are some of the key names and their corporate investors.
Month: January 2023
Daily Deal Round Up: January 17th, 2023
Cosco Shipping provided $800m for Cofco subsidiary Cofco Fortune while Avary Holding invested $136m in Interconnected Semiconductor Technology.
How PwC is putting “skin” into the startup game
Professional services firms are late to the corporate investing game, but that is changing. PwC Germany’s fund — which has double digit millions in capital and has so far made 20 investments — has become a frontrunner.
What Microsoft and OpenAI learned from Sequoia and YouTube
Tech’s greatest deal had been YouTube by Sequoia but the venture model has evolved with founder ambitions
Daily Deal Round Up: January 16th, 2023
China Chengtong took part in CR Biopharma’s $89m series B round while Huafa and SAIC Motor contributed to a $44.5m series A-plus round for Astsic.
Corporate investors hold steady as VCs retreat
Corporate-backed VC deals fell just 2% in 2022 vs a 25% fall for venture capital overall. A record number of new corporate funds were created.
Supply chain is (still) blockchain’s killer app — it just needs to be done better
The failure of Tradelens has rocked faith in supply chain blockchain, but used correctly, the technology can bring trust back to transactions.
Daily Deal Round Up: January 13th, 2023
SIG participated in Wakefit’s $40m series D round while Empyrean Technology Solutions led SpiderOak’s $16.4m series C.
The Big Deal: WM parks in a cut-price spot
WM Motor is executing a reverse merger at a hefty cut from its 2021 valuation, showing the big risks involved with investing in China’s saturated electric vehicle sector.
Daily Deal Round Up: January 12th, 2023
Blockchain technology provider Venom Foundation is joining Iceberg Capital on a $1bn fund while BioNTech is paying $440m for portfolio company InstaDeep.
Sanofi swells venture fund to $750m
Sanofi’s strategic investment arm received a top up from its pharmceutical parent in a week when it led an $80m round for its latest portfolio company.
6 ways to create an internal network that boosts your CVC
Strong internal networks help corporate investment teams get better results. Chad Bown, of BP, and Nicole Lapointe, of Capital One, shared tips on building them.
This is what consumer sector investors plan to back in 2023
Synthetic biology, healthier options, sustainability and digitalisation are big themes for the beauty and food industries this year.
Daily Deal Round Up: January 11th, 2023
Globis and Salesforce were part of Kakehashi’s $57.3m series C1 round while Bertelsmann helped Paytient raise $33m.