In addition to the $1bn series G round led by CapitalG, US-based ride hailing platform Lyft now puts another $500m into its coffers. This latest round comes to highlight the upward trends in the ride hailing and car sharing space.
Author: Kaloyan Andonov
Kaloyan Andonov is head of analytics at Global Corporate Venturing.
Analysis: Tencent’s $14bn IPO exit streak
Five companies backed by internet company Tencent raised large amounts in their initial public offerings (IPOs) over the past few months. It appears to be a bout of IPO exits that may not ended yet.
Brazil corporate venture: a quick graph summary
A summary of the Brazilian realm of corporate venture capital
Corporate venturing in blockchain tech
Analysis: Blockchain tech
Financial services sector continues to grow
Sector focus: Financial services
Deal count drops in October
There were 138 corporate-backed deals in October, down from 198 funding rounds in the same month last year. Investment value, however, doubled to $10.2bn from $5.1bn last year. The deal count last month also dropped compared with September this year, when there were 194 rounds. October’s is the lowest monthly deal count recorded this year… Continue reading Deal count drops in October
Analysis: Alibaba backs WeLab in a $220m round
China-based online lending marketplace WeLab raised $220m in debt and equity financing last week in a series B+ round that featured e-commerce firm Alibaba’s Hong Kong Entrepreneurs Fund, financial services firms Credit Suisse and China Construction Bank (CCB) and International Finance Corporation, the private investment arm of the World Bank. WeLab has developed an app-based… Continue reading Analysis: Alibaba backs WeLab in a $220m round
Analysis: Megvii faces a $460m round
The $460m funding round for Megvii, also known as Face++, featured a host of corporates: Foxconn, SK Group and Ant Financial.
Delphi foresees $450m for Nutonomy
Delphi Automotive agreed to purchase autonomous driving software developer Nutonomy, thus proving with an exit Samsung Ventures, one of its backer since seed stage.
Dealflow and investments go up in the third quarter
In the third quarter of 2017, GCV Analytics tracked 559 funding rounds involving corporate venturers, a slight 2% increase from the 447 rounds recorded in Q3 2016. However, the estimated total investment surged to $34.46bn, up 83% from the $18.78bn last year. The US hosted nearly half of those funding rounds (274), while China came… Continue reading Dealflow and investments go up in the third quarter
Interview: Schlumberger’s win-win-win venturing
What is the overall investment thesis of (STI) ? Our primary driver for making our venture investments in startups is strategic. As a company, we have identified key technologies and themes or sectors that we are focused on in the medium term. Our remit, both in terms of technologies and sectors, is quite broad-ranging, from… Continue reading Interview: Schlumberger’s win-win-win venturing
Energy picks up after a trough
Sector focus: Energy
Deal count falls slightly in September
The number of corporate-backed deals in September stood at 186, down from the 209 funding rounds in the same month last year. Investment value, however, was 21% higher than last year’s level, at $8.23bn, up from $6.77bn in September 2016. The deal count in September rose slightly compared with 176 in August this year, though… Continue reading Deal count falls slightly in September
The rise of corporate-backed funding initiatives
Ahead of our Synergize event in New York City on October 26th, we provide graphical summary of corporate-backed funding initiatives we have been tracking for years