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Page 374
Snap's IPO plans confirmed
The Snapchat operator has confidentially filed for an initial public offering that will allow Alibaba, Tencent and Yahoo to exit, and it will be valued at between $20bn and $25bn.
Nov 16, 2016GE takes $915m to the ServiceMax
Salesforce, PTC and General Electric's own GE Ventures unit exited the field service management software provider, which will be purchased by GE Digital after raising $205m.
Nov 15, 2016ZMP drives forward to IPO
Autonomous car and robotics technology producer ZMP plans to float in its home country of Japan having received equity funding from Intel and Komatsu.
Nov 11, 2016Intel votes for Voke acquisition
Intel is acquiring Voke, a developer of virtual reality viewing technology for sports events, months after leading a $12.6m round for the company.
Nov 8, 2016SoftBank writes down $555m of Indian unicorn investments
The corporate has booked a $555m loss in value for its investments in ride hailing service Ola and e-commerce platform Snapdeal, according to an earnings report.
Nov 8, 2016Lazada collects Redmart in $50m deal
SoftBank and Garena will exit the Singaporean online grocer, which had aimed to raise $100m in funding earlier this year, in a purchase reportedly sized at $50m.
Nov 3, 2016Nitrous to take last breath next month
Tibco Software-backed cloud coding environment developer Nitrous had raised almost $8m but will shutter its service in mid-November.
Nov 2, 2016Lazada goes shopping for Redmart
Online grocery Redmart has raised about $55m from backers including SoftBank and Garena but could reportedly be acquired by Lazada for as little as $30m.
Nov 1, 2016Enea reaches Qosmos in $58m deal
GFK has exited network intelligence software producer Qosmos in a $58m acquisition, eight years after it invested.
Oct 31, 2016About 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.
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