AAA Toby Lewis – Page 16

Author: Toby Lewis

Merck’s Taranto looks to digital for data

“The future of healthcare is digital healthcare,” said Bill Taranto, head of the Merck Global Health Innovation Fund (GHIF), one of the main speakers at our London Global Corporate Venturing Symposium this week, and at our media partner TechTour’s Healthtech Summit in Lausanne on June 30 to July 1. Taranto has built Merck GHIF into… Continue reading Merck’s Taranto looks to digital for data

Financial Firm of the Year – Silicon Valley Bank

Silicon Valley Bank (SVB) has long been an integral cog in the corporate venturing engine, with its advisory business supporting many of the largest players in the industry. The firm has consistently balanced the needs of startups and corporate venturing units. Its venture debt is a flexible and welcome option to many company founders that… Continue reading Financial Firm of the Year – Silicon Valley Bank

Legal Firm of the Year – DLA Piper

DLA Piper has a specialised international practice dedicated to emerging growth and venture capital, with 200 lawyers in the US and 400 around the world who specifically serve entrepreneurs, technology companies and venture funds by focusing on private equity and venture capital transactions.

Sub-$50m Investment of the Year – Instacart

American Express Ventures, the corporate venturing unit of the eponymous financial services company, has tapped into what could be one of the fastest growing consumer IT investment stories in the past year, Instacart. Its move into the convenience grocery delivery segment has helped it win the sub-$50m investment award, highlighting new ways that financial services companies can strategically tap into the disruption of the retail sector.

Large Investment of the Year – Xiaomi

The series E funding marks a victory for Bin Lin and founder Lei Jun, as well as its corporate venturing backers such as Qualcomm Ventures – an early backer of the company. The funding was raised from investors including All-Stars Investment, DST Global, GIC, Hopu Fund, Yunfeng Capital and Ratan Tata, chairman Emeritus of India-based industrial group… Continue reading Large Investment of the Year – Xiaomi

M&A Exit of the Year: Beats – $3bn to Apple – Vivendi/Universal

Beats Electronics (Beats) comprises the ‘Beats by Dr. Dre’ line of premium consumer headphones and speakers, as well as patented Beats Audio software technology and streaming music subscription service Beats Music. Apple acquired Beats for a total of $3bn, consisting of a purchase price of approximately $2.6bn and approximately $400m that will vest over time. The company’s founders, artist and producer… Continue reading M&A Exit of the Year: Beats – $3bn to Apple – Vivendi/Universal

New Entrant of the Year and Fund of the Year: DRX Capital

The meeting of minds between IT and healthcare is a strategic move that will help accelerate big data convergence in the wider healthcare and life sciences segments. New Entrant of the Year recipient DRX Capital has capitalised on this exciting investment segment with a fellow corporate venturing unit, potentially urging others to co-fund digital health investment opportunities.

Unit of the Year: Merck Global Health Innovation Fund

Merck Global Health Innovation Fund, the corporate venturing unit owned by pharmaceutical firm Merck, has quickly become one of the biggest corporate venturing players in the digital health segment and is dedicating a sizeable amount of its $500m fund to larger deals with private equity and other strategic partners. Given the significant impact it has made over a short period of time, there was a significant number of votes from our advisory board to make it unit of the year.

SVB, UKTI put start-ups ‘on the radar’

One of the great things about corporate venturing is the thrill of mixing established corporations, with all their scale and pedigree, with the most compelling start-ups, with all their energy and innovativeness.  Yet the forums for the two worlds to collide are still disparate and fragmented. At Global Corporate Venturing, we are delighted to be… Continue reading SVB, UKTI put start-ups ‘on the radar’