Deals
The Big Deal: Helium Health heads Nigeria's new wave of tech startups
Helium's $30m series B attracted several international corporates, and its healthcare software suite is an example of how Nigeria's companies are moving on from traditional areas like fintech.
The Big Deal: Airline investors line up for CleanJoule's aviation fuel
Frontier Airlines, Volaris and Wizz Air - none of which were CVCs two months ago - helped the startup raise $50m, but their purchasing power might end up being more important to the company's future.
The Big Deal: Google backs Anthropic in the AI duel
Google's second big investment in Anthropic in three months puts it head to head with Microsoft-backed OpenAI in the generative AI race.
The Big Deal: Ensoma tops off a bumper week for pharma
Ensoma's $135m series B was one of five big rounds for early-stage drug developers week despite a pharma sector that is becoming ever more selective.
The Big Deal: Paytm heads week of valuation bloodletting in India
SoftBank's $120m sale of Paytm stock at a loss came in the same week as valuation cuts for Swiggy, Ola and Zomato as India's once promising startup scene hits turbulence.
The Big Deal: Avalanche looks to bring nuclear fusion to space
Avalanche Energy CEO Robin Langtry tells us why Toyota and Autodesk are investing in a nuclear fusion startup, and why its reactors are going to be used to power satellites.
The Big Deal: Mansa and Rock the Bells leverage a more diverse…
Black-focused online streamer Mansa and hip hop content platform Rock the Bells both closed corporate-backed rounds this week, part of the changing face of new media.
The Big Deal: Pickup pockets $40m as coffee penetrates Southeast Asia
The Go-Ventures led series A comes after Pickup Coffee opened more than 60 locations in the Philippines in its first year, bringing together localisation and tech to fuel rapid growth.
Other News
The Big Deal: Berkshire Grey becomes SoftBank's latest lossmaker
SoftBank's cut-price purchase of the warehouse automation specialist adds to a string of losses, but companies like Berkshire Grey could point to a way forward.
Gen Phoenix gets $18m to take its recycled leather upscale
The round included Jaguar Land Rover, Dr. Martens and Tapestry and comes as a newly rebranded Gen Phoenix looks to bring its recycled leather to luxury fashion and car seat covers.
The Big Deal: eToro's value shrinks on financial markets turmoil
Online trading platform eToro's valuation was cut by two-thirds in a $250m round this week, as the financial markets slump hits the sector.
Strangeworks' Hitachi-led round solidifies quantum deal rush
Strangeworks raised $24m in series A funding from investors including Hitachi, Raytheon and IBM, with the quantum computing sector well over halfway to its 2022 CVC funding total.
The Big Deal: Viridos tries to crack algae biofuel
Andrew Chang, MD of United Airlines' venture unit, tells us sustainable jet fuels like that of portfolio company Viridos are a strategic priority, but how viable will they be long term?
The Big Deal: Droit takes advantage of a new fintech market
UBS and Goldman Sachs were part of a $23m round for Droit, which is expanding its regulatory compliance product to wealth management in a risk-conscious financial sector.
Editor's Picks
The Big Deal: Pickup pockets $40m as coffee penetrates Southeast Asia
The Go-Ventures led series A comes after Pickup Coffee opened more than 60 locations in the Philippines in its first year, bringing together localisation and tech to fuel rapid growth.
The Big Deal: Viridos tries to crack algae biofuel
Andrew Chang, MD of United Airlines' venture unit, tells us sustainable jet fuels like that of portfolio company Viridos are a strategic priority, but how viable will they be long term?
The Big Deal: Risilience rides the ESG wave
The environmental analytics provider's National Grid-backed series B round shows the interest around startups who can use data to help corporates fulfil their environmental data requirements.
The Big Deal: Pasqal highlights quantum's strong start to 2023
Pasqal's $109m series B is the fourth corporate-backed round for a quantum computing startup this month, and its capabilities make the sector a strategic bet for a range of corporates.
About 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 the GCV Leadership Society, providing privileged access to all our services and resources.
Navigation
