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Page 253
Cheng to answer fraud charges
A Singaporean judge is set to hear allegations that a former NTUitive director fixed contracts with two outsourcing companies he had relations with.
Sep 16, 2020Tencent triggers formation of $148m healthcare fund
Tencent Trusted Doctors has partnered China Resources' CR Capital fund to establish a healthcare industry fund focusing on the city of Chengdu.
Sep 16, 2020Carousell spins $80m round
The e-commerce marketplace secured $80m in a round led by Naver and backed by its Mirae Asset-Naver Asia Growth Fund at a post-money valuation topping $900m.
Sep 16, 2020Acko stacks up $60m in series D
The online insurer took its total valuation to $500m in a round led by Munich Re Ventures and backed by fellow corporate investors Amazon and Intact Financial.
Sep 16, 2020Biocytogen brings in $142m
China Life has returned for a $142m series D-plus round for cancer treatment developer Biocytogen, having already co-led its $77m series D round 13 months ago.
Sep 15, 2020Panasonic packs $150m into second Conductive fund
Less than two and a half years after launching its $100m first fund, growth equity firm Conductive Ventures has announced a second vehicle also funded by Panasonic.
Sep 15, 2020SAIC Motor sends funding to WM Motor
The electric vehicle producer received $73.1m from SAIC's parent company as it reportedly mulls an initial public offering that could value it at $4.3bn.
Sep 15, 2020Dream11 scores $225m
The Tencent-backed fantasy sports provider has secured primary and secondary investment at a reported valuation topping $2.5bn.
Sep 14, 2020Singlife clings on to Aviva Singapore
The Sumitomo and Aflac-backed digital insurance and savings product provider has merged with Aviva Singapore to form a business valued above $2.3bn.
Sep 14, 2020Sony stakes environment technology fund
The corporate is putting $9.4m into Sony Innovation Fund: Environment, which will initially invest in environmental technology developers at seed stage.
Sep 14, 2020About us
GCV provides the global corporate venturing community and their ecosystem partners with the information, insights and access needed to drive impactful open innovation. Across our three services - News & Analysis, Community & Events, and the GCV Institute - we create a network-rich environment for global innovation and capital to meet and thrive. At the heart of our community sits our membership, providing privileged access to all our services and resources.
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