UK-listed utility National Grid has committed a further $150m to its Silicon Valley-based corporate venture and innovation group.
Category: Comment
Sports and gaming in the digital age
Things are heating in Italy’s media landscape as a microcosm of wider changes in the sports and gaming ecosystem.
Coinbase valued at $75.9bn after its debut on Nasdaq
Spend enough time in venture and you can see the transformation in startups and the economy almost as if time has speeded up.
Conservation Venture Studio tackles climate change
Oxford University Innovation, the tech transfer arm of University of Oxford, has partnered venture capital firm Global Accelerated Ventures to set up a $25m special purpose investment vehicle targeting conservation startups.
Platform technologies: going deep to go wide
Comment by Simon Goldman, investment director, UCL Technology Fund
Finding a common challenge
April 2021 issue editorial by James Mawson, editor in chief, Global Corporate Venturing
The new era of innovation
There is a nice series in the Financial Times where business book authors then pick others they enjoyed.
Focus on social media and networks
Netherlands-listed technology investor Prosus, formed out of the corporate venturing assets collected by South Africa-listed media group Naspers, has sold 2% of China-based gaming and social media group Tencent for $14.7bn.
Global Energy Group roundtable 22 April
Activity is heating up before next week’s Earth day on 22 April with Battery Resourcers (BR), a US-based developer of lithium-ion battery recycling technology to directly recover cathodes, raising $21.35m in its series B round, according to a regulatory filing earlier this month.
Egypt’s potential for innovation
Egypt has long had the potential for innovation and more money is flowing into the region as regional centres spring up to service the burgeoning class of entrepreneurs.
SoftBank encourages its portfolio companies to look to raise public money
What links Japan-listed conglomerate SoftBank’s $2.8bn investment for a 40% stake in Norway-based AutoStore with the potential reverse merger and flotation of southeast Asia superapp Grab?
Japan’s venture ecosystem accelerates
Japan’s corporate venturing ecosystem never slowed down through the covid-19 crisis last year and has been increasingly aggressive in its international investment strategy, with insurer Sompo’s $540m investment in US-based data analytics firm Palantir a notable example as well as cross-border specialist firms, such as Pegasus and Nobuyuki Akimoto’s new fund of funds, AT Partners, gaining investor backing.
‘Meet the Experts’ networking event
Almost exactly a year ago most of the western world started locking down to grapple with the coronavirus and covid-19 disease it caused.
Sequoia China joins Dragonfly Fund II
Sequoia China joins the $225m venture fund as a strategic limited partner (LP).