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Consumer

HTC and Shenzhen launch world's largest VR fund

HTC, manufacturer of the Vive virtual reality headset, has partnered Shenzhen Municipal Government for the Shenzhen VR Investment Fund and is targeting a $1.45bn fundraise.


Nov 22, 2016

Sodexo to feed startups with $53m fund

The catering and facilities management company has launched a corporate venturing unit, Sodexo Ventures, and invested in restaurant engagement platform Wynd.

Nov 21, 2016

Big Deal: FanDuel and DraftKings to join the same team

The daily fantasy sports companies, backed by several media groups, professional sports leagues and teams, are set to merge.

Nov 21, 2016

News round up 21 November 2016

A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.

Nov 21, 2016

Babytree to grow with $450m

New strategic partner Fosun led the round, announced this by baby and child social e-commerce platform Babytree but closed in July.

Nov 18, 2016

Qufenqi to install itself in public markets

The Chinese instalment buying platform is seeking between $500m and $800m in a US IPO that will provide exits to Kunlun Tech and Ant Financial.

Nov 16, 2016

Hickies ties up $10m

The modular shoelace developer received the funding from backers including Sforza, the owner of new strategic partners Topper Brazil and Rainha, and a footwear brand that is most likely Adidas.

Nov 15, 2016

LeEco gets $600m from old friends

The firm, already backed by Lenovo and Macrolink, has added Heilan Home, Hengxing Group, Yihua Group, Man Wah, Yuyue Group and Luye Pharma to its shareholders.

Nov 15, 2016

Joyvio gets a taste of Huawen for $44m

Huawen Food produces a large range of snacks and has secured the investment from agricultural group Joyvio as part of a strategic partnership agreement.

Nov 14, 2016

Jibo jams in new funding

The personal robot developer has secured $13.1m, after raising more than $52m last year from investors including Samsung, Acer, KDDI, LG Uplus, Dentsu, NetPosa and Ningbo GQY.

Nov 11, 2016
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