Tencent is in talks to participate in a $1bn round that would enable the mobile payment platform to spinoff from parent company Flipkart at a valuation of up to $8bn.
Author: Jack Hammond
FireEye splashes out $250m for Verodin
Cisco, Capital One and Citi exited the cybersecurity testing platform in a $250m deal that came in the wake of $33m in venture funding.
SoftBank prepares second AI-focused fund
Deepcore, SoftBank’s AI investment subsidiary, is planning to raise a second fund that will be larger in size than the $55m vehicle it launched a year ago.
GCV Symposium 2019: Day Two
The second day of 2019’s GCV Symposium featured discussions on implementing AI into deal sourcing, hybrid CVC initiatives and a fireside chat with Tencent’s Jeffrey Li.
Stoke Therapeutics stakes out IPO spot
The genetic drug developer is targeting up to $86m in an IPO that would enable Alexandria Venture Investments to score an exit.
Corporates find New Horizon in $66m round
SoftBank China Venture Capital and Legend Capital contributed to a round that boosted the cancer screening device maker’s overall funding to more than $100m.
Google returns for KaiOS in $50m series B
Existing backer Google has reinvested in the mobile operating system developer to increase its overall funding to $79m.
Aurora orders up Blackmore acquisition
Aurora has announced it is set to buy the lidar system developer, which had raised more than $21m from investors including BMW i Ventures and Toyota AI Ventures.
AlloVir secures $120m funding allocation
The T-Cell therapy developer has received funding in a Gilead Sciences-backed series B round led by Fidelity Management and Research.
Instawork recruits GV for $18m round
GV participated in a round that will enable the on-demand recruitment platform to accelerate its expansion across the US.
Locana locates $55m in series A round
UCB Ventures and Alphabet unit GV took part in the RNA-targeting gene therapy developer’s first publicly disclosed funding round, which was led by Arch Venture Partners.
GCV Symposium 2019: Deal sourcing – Tools to change corporate venturing
InReach’s Roberto Bonanzinga talked about how AI technology can help corporate venturing units locate companies from obscure countries and scale their investment pipeline.
GCV Symposium 2019: Blurring public and private markets
Tencent Investment’s Jeffrey Li, number one on the GCV Powerlist this year, spoke to Michael Redding of Accenture Investments about how he approaches investing.
GCV Symposium 2019: Hybrid CVC initiatives and strategic LPs in a deep tech world
Shiva Dustdar and Peter Cowley joined Mark Wilson to talk about whether adoption of the hybrid fund model is increasing in the corporate venturing space, particularity in the healthcare sector.