China is benefiting from its government’s focus on artificial intelligence (AI) with unlisted companies having raised RMB203.7m ($30bn) in venture capital since 2016, according to Nikkei Asia Tech and 36kr.
Category: Analysis
Corporate venturing moves forwards
Monthly report: November 2020
Does Deerfield have The Cure?
Deerfield Management is putting up $2bn for early-stage life sciences research through to 2030, but what does its involvement mean for its partner universities?
Texas trailblazes corporate venturing
Innovative region: Texas
AI and ethics: the challenge of lining up stakeholders
Special report: AI technologies present complex ethical challenges, early hopes for a multilateral governance framework, but delicate balance to avoid hampering innovative AI
Agriculture blossoms into a tech age
Feature: Agriculture
Why blockchain startups are the perfect strategic investment for energy corporates
Comment from Erin Boyd, Proseeder thought leader
Analysis: DoorDash goes public in $3.37bn IPO
The company priced an upsized IPO nearly doubling its valuation six months ago. It is part of a the food delivery space which was given a boost by the pandemic.
Analysis: Salesforce acquires Slack in $27.7bn deal
Cloud-based enterprise software producer Salesforce agreed to acquire Slack, the US-based publicly listed communication platform which previously counted telecoms firm SoftBank, internet conglomerate Alphabet and media group Comcast among its backers.
Analysis: CoStar snaps Homesnap for $250m
Property engine developer Homesnap agreed to a $250m cash acquisition by Real estate data provider CoStar Group. This is a notable exit in the space in which corporates have been actively investing over the past five years but there have not been many exits.
Analysis: Adobe works out a $1.5bn Workfront acquisition
Marketing and imaging software producer Adobe agreed to acquire US-based work management software provider Workfront in a $1.5bn deal, giving quantitative trading firm Susquehanna International Group (SIG) an exit.
CVC continues to heal
Monthly report: October 2020
Brazil embraces corporate venturing
Innovative region: Brazil
Sector report: financial
Sector challenged amid fintech disruption