The number of corporate-backed deals in February was 131, noticeably down from the 174 funding rounds in the same month last year. Investment value, however, increased significantly – up from $5bn in February 2017. The deal count in February declined from the previous month (191 rounds). Total capital invested in corporate-backed rounds in February also… Continue reading Number of deals declines
Author: Kaloyan Andonov
Kaloyan Andonov is head of analytics at Global Corporate Venturing.
Analysis: Salesforce to exit Dropbox in upcoming IPO
Salesforce is expecting to exit the file storage and sharing platform Dropbox, which filed for an IPO after having raised more than $1.7bn in debt and equity financing.
Analysis: Magic Leap jumps to $960m series D round
Augmented reality technology developer Magic Leap closed a series D round at over $960m, featuring a host of corporate investors like Google, Alibaba, Axel Springer and Grupo Globo.
Israel: corporate venturing and its innovation scene
Just ahead of our first ever Global Corporate Venturing Israel event in Tel Aviv this week, we are offering our readers a brief data overview on the innovation scene in Israel which has managed to attract corporate venturers from around the globe.
Analysis: Nio speeding up to a $2bn IPO
Smart vehicle producer Nio, previously backed by Tencent, Baidu, JD.com and Lenovo, has announced its intensions to go public and raise between $1bn and $2bn.
Analysis: GV exits Flatiron Health
Pharmaceutical firm Roche agreed to acquire cancer research technology provider Flatiron Health, paying $1.9bn for the remainder of the company’s shares, giving GV, the corporate venturing unit of internet conglomerate Alphabet, its fifth latest life sciences exit since November. At the time of the acquisition, Roche already owned a 12.6% stake in Flatiron. The price… Continue reading Analysis: GV exits Flatiron Health
Services go down in 2017
Sector focus: Services
Deal count drops in January
There were 168 corporate-backed deals in January, down from the 199 funding rounds in the same month last year. Investment value, however, increased by 108% to $12.66bn, compared with $6.09bn in January 2017. On a month-on-month basis, the deal count in the first month of this year fell from the 185 rounds worth $13.61bn in… Continue reading Deal count drops in January
Analysis: Instacart gets $200m delivered in series E round
US-based grocery delivery service Instacart, which has been backed by multiple corporates previously, raised $200m in a series E round.
Analysis: Ping An Ventures to raise $1.3bn
Ping An Ventures is raising a total of $1.3bn for two life sciences-focused fund: $500m for a dollar-denominated fund and $800m for a renminbi-denominated one.
Analysis: SoftBank Vision Fund invests $300m in Wag
The $97bn Vision fund committed $300m to dog walking service provider Wag
Phase two of nanotechnology and beyond at GCVI Summit
Sector in-depth discussion
Automotive, mobility, travel at GCVI Summit
Sector in-depth discussion with portfolio companies.
Interview: Daimler’s case for venturing
What are the major considerations in your investment thesis? We are investing in companies which have the potential to disrupt the automotive industry or single parts of its current value chain. All our investments have the potential to significantly impact our industry. We are focusing on our Case strategy and its four pillars – connected,… Continue reading Interview: Daimler’s case for venturing