Sector focus: Financial services
Category: Analysis
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
Big Deal: TransferWise receives $280m
International financial transfer platforms TransferWise and Remitly each announced nine-figure rounds last week, highlighting the growth of the sector.
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.
Analysis: Insights into the transport revolution
This is a version of a presentation first shown at the Corporate Venture in Brasil conference, hosted by Apex-Brasil in partnership with Global Corporate Venturing earlier this month.
Editorial: Caveat emptor for buyers of IPOs
That these companies are still accessing the public markets indicates investors are taking a view that future probity will not necessary follow past behaviour.
Investors seek a quantum of solace
Special report by James Mawson, editor-in-chief, with thanks to Pramila Mullan of Accenture Ventures for the notes of the roundtable
Asia explores its tech dragons and tigers
Congress report: GCV Asia 2017
China’s unicorns multiply under CVC stewardship
A decade ago, before the term was captured for the most successful type of entrepreneurs, academic Jeannie Parker’s book The Mythic Chinese Unicorn explained “how the myth of the unicorn began in China then gradually spread into other parts of Asia and Europe”. Aileen Lee, a venture capitalist and American daughter of Chinese immigrants, captured the… Continue reading China’s unicorns multiply under CVC stewardship
Big Deal: Sea secures $884m in IPO
The Tencent-backed online services provider floated above its range, showing the promise in Southeast Asia for Chinese internet companies.
Editorial: Intel Capital’s performance update sets high standards
With the speed and scale of the changes in the innovation capital ecosystem around the scaling up of the industry from a localized, cottage industry to a globalised, professional asset class it can be easy to lose sight of the fundamentals. Intel Capital president Wendell Brooks’ (pictured) update on where the $566m it has invested… Continue reading Editorial: Intel Capital’s performance update sets high standards
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
Energy picks up after a trough
Sector focus: Energy