Global Venturing Review

We’re on summer break but will be back in September. Check out our websites for news stories in the meantime: Global Corporate Venturing Global University Venturing Global Impact Venturing “Funky Chunk” Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 The post Summer Break 2021 appeared first on Global Venturing Review.

Story 1 While immediate attention is on China’s latest crackdown of sectors, such as tech and education, and the ability for foreign investors to back them or even if they can make profits, there is greater optimism in another rising economic power: India. India-based sports-focused Rhiti Group has collaborated with local cement maker Kanodia Group … Continue reading "02 August 2021 – Rhiti Group and Kanodia Launch VC Firm Deep Pockets Capital Venture" The post 02 August 2021 – Rhiti Group and Kanodia Launch VC Firm Deep Pockets Capital Venture appeared first on Global Venturing Review.

The Big Ones SoftBank’s Vision Fund 2 and Prosus co-led a $1.25bn series J round for India-based food delivery service provider Swiggy at a $5.5bn valuation. The round also featured sovereign wealth fund Qatar Investment Authority as well as Accel, Wellington Management, Falcon Edge Capital, Amansa Capital, Goldman Sachs, Think Capital and Carmignac. TechCrunch said … Continue reading "26 July 2021 – Swiggy Raises $1.25bn in Series J" The post 26 July 2021 – Swiggy Raises $1.25bn in Series J appeared first on Global Venturing Review.

Big ones SoftBank’s Vision Fund 2 supplied $1.7bn in funding for South Korea-based travel and accommodation services provider Yanolja. It was valued at $1bn in a $180m series D round in mid-2019 backed by Booking Holdings and GIC. It had received $53.2m from SkyLake Investment two years earlier and $8.5m from Partners Investment in 2015. … Continue reading "19 July 2021 – SoftBank serves Yanolja with $1.7bn" The post 19 July 2021 – SoftBank serves Yanolja with $1.7bn appeared first on Global Venturing Review.

The Big Ones Pine Labs, an India-based digital payment technology provider backed by PayPal and Mastercard, secured over $600m in funding. Kotak Mahindra Bank and investment and Fidelity supplied the cash together with IIFL AMC’s Late-Stage Tech Fund, Ishana, Tree Line, funds managed by BlackRock and a fund advised by Neuberger Berman Investment Advisers. UK-based … Continue reading "12 July 2021 – Wise Floats on London Stock Exchange with $12bn Valuation" The post 12 July 2021 – Wise Floats on London Stock Exchange with $12bn Valuation appeared first on Global Venturing Review.

The Big Ones SoftBank’s Vision Fund 2 co-led a $600m series D round for UK-based surgical robotics technology developer CMR Surgical with healthcare investment group Ally Bridge, while Cambridge Innovation Capital, the patient capital fund formed with the support of University of Cambridge, also participated. GE Healthcare, a subsidiary of power and industrial technology conglomerate … Continue reading "05 July 2021 – CMR Surgical Raises $600m in Round Led by SoftBank’s Vision Fund 2" The post 05 July 2021 – CMR Surgical Raises $600m in Round Led by SoftBank’s Vision Fund 2 appeared first on Global Venturing Review.

The Big Ones Waymo, the autonomous driving technology developer spun off by Alphabet, has raised $2.5bn in funding from investors including its former parent company. AutoNation and Magna International also took part in the round, as did group Fidelity Management & Research, Mubadala, Temasek, Andreessen Horowitz, Canada Pension Plan Investment Board, Perry Creek Capital, Silver … Continue reading "21 June 2021 – Waymo Drives $2.5bn Investment" The post 21 June 2021 – Waymo Drives $2.5bn Investment appeared first on Global Venturing Review.

The Big Ones 1 There is a lot happening in Cambridge, England. The university might have passed its 800th anniversary earlier in this century but the basics of its operating model to bring the smartest people in the world together to solve its hardest challenges remains intact. The latest advances include the launch and first … Continue reading "14 June 2021 – Cambridge Launches Deeptech Labs" The post 14 June 2021 – Cambridge Launches Deeptech Labs appeared first on Global Venturing Review.

We have teamed up with 500 Startups’ CVC Insider Series, where top CVC practitioners offer advice and best practices regarding common challenges encountered within corporate venturing. Featured this week is an interview with Malin Carlström of ABB Technology Ventures and Nicolas Sauvage of TDK Ventures. “Funky Chunk” Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By … Continue reading "Leadership Series: Malin Carlström (ABB Technology Ventures)" The post Leadership Series: Malin Carlström (ABB Technology Ventures) appeared first on Global Venturing Review.

The Big Ones Germany-based digital insurance provider Wefox completed a $650m series C round that included online lending platform developer Creditease and Salesforce Ventures. The round was led by Target Global and included Omers Ventures, Gsquared, Merian and its Jupiter subsidiary, Horizons Ventures, Eurazeo, Mubadala, Speedinvest, LGT, Alma Mundi Ventures, Victory Park Capital, GR Capital, … Continue reading "07 June 2021 – Wefox Completes $650m Series C" The post 07 June 2021 – Wefox Completes $650m Series C appeared first on Global Venturing Review.

We have teamed up with 500 Startups’ CVC Insider Series, where top CVC practitioners offer advice and best practices regarding common challenges encountered within corporate venturing. Featured this week is an interview with David Hayes of BP Ventures and Nicolas Sauvage of TDK Ventures. “Funky Chunk” Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution … Continue reading "Leadership Series: David Hayes (BP Ventures)" The post Leadership Series: David Hayes (BP Ventures) appeared first on Global Venturing Review.

The Big Ones US-headquartered e-commerce holding company Perch completed a $775m series A round led by SoftBank’s Vision Fund 2. The round also featured venture capital firm Spark Capital and alternative investment manager Victory Park Capital. It is the largest series A yet to be closed by a US-based company, according to Perch. JD Logistics, … Continue reading "31 May 2021 – Perch Raises $755m in Record-breaking Series A" The post 31 May 2021 – Perch Raises $755m in Record-breaking Series A appeared first on Global Venturing Review.

We have teamed up with 500 Startups’ CVC Insider Series, where top CVC practitioners offer advice and best practices regarding common challenges encountered within corporate venturing. Featured this week is an interview with Yvonne Lutsch of Bosch Venture Capital and Nicolas Sauvage of TDK Ventures. “Funky Chunk” Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By … Continue reading "Leadership Series: Yvonne Lutsch (Bosch Venture Capital)" The post Leadership Series: Yvonne Lutsch (Bosch Venture Capital) appeared first on Global Venturing Review.

The Big Ones 1 Delighted the May issue of GCV is now out covering the media sector, a special report on AI, Israel as the innovative region, extracts from Global University Venturing and Global Impact Venturing sister titles and all the monthly data from GCV Analytics. From the editorial: The innovation ecosystem we find ourselves in arguably has its … Continue reading "24 May 2021 – Goldman Sachs Invests $20m in British Anti-money Laundering Company ComplyAdvantage" The post 24 May 2021 – Goldman Sachs Invests $20m in British Anti-money Laundering Company ComplyAdvantage appeared first on Global Venturing Review.

We have teamed up with 500 Startups’ CVC Insider Series, where top CVC practitioners offer advice and best practices regarding common challenges encountered within corporate venturing. Featured this week is an interview with Francis Ho of Samsung Catalyst Fund and Nicolas Sauvage of TDK Ventures. “Funky Chunk” Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By … Continue reading "Leadership Series: Francis Ho (Samsung Catalyst Fund)" The post Leadership Series: Francis Ho (Samsung Catalyst Fund) appeared first on Global Venturing Review.

The Big Ones China-based grocery delivery app operator Dingdong Maicai closed a $330m series D-plus round led by SoftBank’s Vision Fund. Founded in 2017, Dingdong Maicai has built a grocery e-commerce platform it claims delivers fresh produce and seafood ingredients door-to-door in under 30 minutes. It has served more than 5 million households across 27 … Continue reading "17 May 2021 – Grocery Delivery App Dingdong Maicai Orders Up $330m Series D" The post 17 May 2021 – Grocery Delivery App Dingdong Maicai Orders Up $330m Series D appeared first on Global Venturing Review.

We have teamed up with 500 Startups’ CVC Insider Series, where top CVC practitioners offer advice and best practices regarding common challenges encountered within corporate venturing. Featured this week is an interview with Linda Yates of Mach49 and Nicolas Sauvage of TDK Ventures. “Funky Chunk” Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 The post Leadership Series: Linda Yates (Mach49) appeared first on Global Venturing Review.

The Big Ones Canada-based digital investment platform developer Wealthsimple received C$750m ($610m) in funding from investors including Allianz X, a subsidiary of Allianz, at a valuation of almost $4.1bn. Meritech Capital and Greylock Partners co-led the round, which also featured DST Global, Sagard, Iconiq Capital, Dragoneer, TCV, iNovia Capital, Base 10 Partners, Redpoint Ventures, Steadfast … Continue reading "10 May 2021 – Oxford Nanopore Pockets $280m in Equity Financing" The post 10 May 2021 – Oxford Nanopore Pockets $280m in Equity Financing appeared first on Global Venturing Review.

We have teamed up with 500 Startups’ CVC Insider Series, where top CVC practitioners offer advice and best practices regarding common challenges encountered within corporate venturing. Featured this week is an interview with Ellen Ehrenpreis of Orrick and Nicolas Sauvage of TDK Ventures. “Funky Chunk” Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 The post Leadership Series: Ellen Ehrenpreis (Orrick) appeared first on Global Venturing Review.

The Big Ones Netherlands-based customer service software provider Messagebird has added $800m to a series C round featuring Bonnier, expanding it to $1bn. Bonnier joined Eurazeo, Tiger Global Management, BlackRock, Owl Rock, Glynn Capital, LGT Lightstone, Longbow, Mousse Partners, NewView Capital, Accel, Atomico and Y Combinator in the extension, which was made up of 70% … Continue reading "03 May 2021 – Messagebird Adds $800m to Series C Round" The post 03 May 2021 – Messagebird Adds $800m to Series C Round appeared first on Global Venturing Review.