The number of corporate-backed deals in September stood at 186, down from the 209 funding rounds in the same month last year. Investment value, however, was 21% higher than last year’s level, at $8.23bn, up from $6.77bn in September 2016. The deal count in September rose slightly compared with 176 in August this year, though… Continue reading Deal count falls slightly in September
Category: Analysis
The rise of corporate-backed funding initiatives
Ahead of our Synergize event in New York City on October 26th, we provide graphical summary of corporate-backed funding initiatives we have been tracking for years
Energy corporate venturing goes digital
Data bytes meet drill bits at Corporate Venture Houston 2017.
Analysis: Median size of corporate-backed rounds grow
GCV Analytics analysis shows that most venturing rounds have experienced growth in their median dollar size, though later rounds have experienced a more pronounced increase.
Brazil Corporate Venture: quick graph summary
Last week the Brazilian Trade and Investment Promotion Agency, Apex-Brasil, and Global Corporate Venturing ran once again the Corporate Venture in Brasil conference to develop corporate venture capital in Brasil.
Analysis: Alibaba expedites almost $800m to Cainiao
China-based e-commerce firm Alibaba is set to invest $798m in logistics platform Cainiao, taking its stake from 47% to 51%
Analysis: MissFresh gets $230m delivered
Returning investor Tencent contributed to a round that upped the total raised by the online fresh produce retailer to over $400m
GCV Asia Congress Awards 2017 – Large Investment of the Year: Didi Chuxing
According to reports, the China-based firm has recently been valued at more than $50bn, behind only its US peer and co-shareholder Uber. Didi’s meteoric rise has been fuelled by more than $13bn of funding since it was founded, with a $5.5bn round, led by Japan’s SoftBank, completed in spring this year. Alongside SoftBank, Didi’s backers… Continue reading GCV Asia Congress Awards 2017 – Large Investment of the Year: Didi Chuxing
GCV Asia Congress Awards 2017 – Sub-$50m Investment of the Year: Desktop Metal
Technology with the potential to produce complex metal components more efficiently and cheaply has underpinned the success of US-based Desktop Metal.
GCV Asia Congress Awards 2017 – Mid-sized Investment of the Year: Mobike
Bicycle rental platform Mobike has had a hugely successful 2017 so far, with two multimillion-dollar funding rounds as well as expansion out of its native China into Southeast Asia and, most recently, Europe.
GCV Asia Congress Awards 2017 – M&A of the Year: Jet.com
Jet.com’s success has been built on its innovative approach to selling online, backed by high-quality senior management and venture investors. The firm’s unique selling point was a new take on the model pioneered by Amazon. Instead of convenience and rapid delivery, Jet.com focuses on the cost-savings consumers can make by buying in bulk and encouraging… Continue reading GCV Asia Congress Awards 2017 – M&A of the Year: Jet.com
GCV Asia Congress Awards 2017 – IPO of the year: G-bits Network
The firm’s listing on the Shanghai Stock Exchange (SSE) raised $138m and delivered a successful exit to a number of the firm’s backers. These included IDG Capital Partners, Fortune Capital and Ping An Ventures, the corporate venturing arm of Ping An Insurance. G-bits, which is based in Xiamen in southeast China, was set up in… Continue reading GCV Asia Congress Awards 2017 – IPO of the year: G-bits Network
GCV Asia Congress Awards 2017 – Fund of the Year: SoftBank Vision Fund
These include investing a reported $2.5bn in Indian e-commerce company Flipkart, as well as leading a $1.1bn funding round for Swiss drug developer Roviant Sciences and contributing the bulk of a $1bn capital injection into US-based sports e-commerce platform Fanatics. The Vision Fund was originally announced in autumn 2016 and has successfully sought backing from… Continue reading GCV Asia Congress Awards 2017 – Fund of the Year: SoftBank Vision Fund
GCV Asia Congress Awards 2017 – New Entrant of the Year: AddVentures
AddVentures, the corporate venturing arm of Thai conglomerate Siam Cement Group (SCG), has been named new entrant of the year in the 2017 Global Corporate Venturing Asia Congress awards. The fund was set up in June this year and will be funded by SCG to the tune of up to $85m over the next three to five years.