The vehicle is the fifth fund to be established by Salesforce under the Trailblazer banner and follows entities focusing on Canada, Japan and Australia.
Author: Kaloyan Andonov
Kaloyan Andonov is head of analytics at Global Corporate Venturing.
Tencent thrives on value in its portfolio companies
Company profile: Tencent
Telecoms growth continues
GCV Analytics defines the telecoms sector as encompassing telecoms service providers, wireless connectivity technologies and other related businesses.
Deal temperature rises in July and August
There were 242 corporate-backed rounds reported in July, and 237 in August, considerably higher than those recorded in the same months last year – 211 and 194. Investment value was higher in July at $13.63bn, up from $8.8bn in July last year. August’s investment value, however, at $10.25bn, was considerably lower than last August’s $17.61bn.… Continue reading Deal temperature rises in July and August
Analysis: AnchorFree secures $295m
Media holding WndrCo led a $295m round raised by the mobile VPN provider AnchorFree, part of the broader and vivid cybersecurity space.
Analysis: Toyota adds $500m to Uber
Uber has struck a strategic partnership on autonomous car research with Toyota, which featured a $500m investment from the auto manufacturer at a $72bn valuation.
Analysis: Tencent-backed IPOs
Since the beginning of 2017, Global Corporate Venturing (GCV) Analytics has tracked and seen a number of companies backed by China-based internet company Tencent go public in Hong Kong and the US.
Analysis: Orchard raises $150m for gene therapies
Two corporate players backed gene therapeutics firm Orchard Therapeutics in a round that may indicate an uptick in investments in genetics-related tech for this year
Analysis: Uptick in e-commerce last week
Last week, Global Corporate Venturing reported several interesting and sizeable transactions in the e-commerce space from around the globe.
Analysis: Large corporate-backed rounds by region
Large rounds tend to be raised by companies based in the US and China, more so than other parts of the world. China-based businesses also tend to raise much larger rounds.
Analysis: Glovo picks up $134m
Last-mile delivery company Glovo raised $134m in a round backed by online retailer Rakuten and restaurant operator AmRest. The latter contributed $29m of the total funding.
Analysis: Booking reserves $500m for Didi Chuxing
Booking provided ride services company Didi Chuxing with additional funding as part of a strategic partnership
Analysis: Recent deals in energy storage tech
Companies developing energy storage technologies, a strategic target of oil and gas producer as well as carmakers, have been mentioned over the news in the past weeks, indicating expected growth of commitments in this space.
Bulgaria – a budding rose of innovation
Last month marked the end of Bulgaria’s first presidency of the Council of the EU, an institution that rotates among the 28 member states every six months. This placed the country, known for its roses and yoghurt, as well as the entire region under the spotlight during the first half of this year. It also… Continue reading Bulgaria – a budding rose of innovation