A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Category: Analysis
Big Deal: Instacart raises $220m
The grocery delivery service’s series C funding illustrates the vast sums available for companies diversifying what has become known as the Uber model into new industries.
Shell reveals 2014 corporate venturing activities
The oil and gas company’s investment unit, Shell Technology Ventures, funded eight companies and made three investments in funds or accelerators over the course of the year.
Big Deal: Surface reflects oncology boom
Cancer immunotherapy company Surface Oncology’s $35m Eli Lilly, Amgen and Novartis-backed series A round demonstrates the recent success of oncology companies in the venture capital market.
Turkey’s focus on ecosystem growth
Turkey’s vision for 2023 is to capitalise on its demographic opportunity to grow rapidly by about 7% per year for the next decade. Funding innovation as a way of boosting the local economy and exports is central to its aim to take its gross domestic product (GDP) to $2 trillion in 2023 from $820bn last year.Hasan Pehlivan,… Continue reading Turkey’s focus on ecosystem growth
Profile: Tubitak president Ilker Aycı
How much activity is through government support of VCs – being investing through them – versus directly? The Turkish private equity and VC scene has been pretty sparse until recently. Only few small and mid-cap investors with local fundraising activities were in place back in 2006. This picture changed dramatically in the past five years, with many international firms, including large-cap firms, entering… Continue reading Profile: Tubitak president Ilker Aycı
Transport and logistics drive forward
The transport sector is bracing for significant disruption.
Trends in 2014
A heady year in corporate venturing has drawn to a close, which means it is time to look back at the biggest investment trends of 2014 and forward to those likely to carry into 2015.
The big opportunities in 2015
Corporate venturing executives and people from the venture ecosystem predict what will be the big trends this year.
Corporate VC in 2014: The trends
Chinese internet companies engage in turf war Although US-based internet giants were also busy during the year – Facebook bought WhatsApp, Oculus VR and LiveRail for a combined $21.5bn, while Google paid big money for Nest, Skybox Imaging and DeepMind – 2014 marked the point at which the Chinese internet sector took a big leap… Continue reading Corporate VC in 2014: The trends
Canada enters the spotlight
Highlights from interviews conducted at the Quebec City Conference
Big Deal: Didi Dache picks up $700m
China-based taxi ordering app Didi Dache’s $700m cash injection last week indicates that funding for the sector is not limited to Uber.
Interview: Franceska Banga, New Zealand Venture Investment Fund
New Zealand’s startup scene is characterised by active angel investors but companies tend to look outside the country when they reach expansion stage, Banga explained.
Interview: Mike Woollatt, CVCA
Canada-based corporates and governments need to match their US counterparts and be less ‘Canadian’ in order to grow the country’s venture capital sector.