Consumer

Corporates plan for electric car future.

This year, in all bar one of the awards, Global Corporate Venturing selected a shortlist and the winner was selected by the magazine's advisory board at the end of March. Editor James Mawson chose the lifetime achievement award.

The mobile app for seating diners was developed by Firespotter Labs, an incubator backed by Google Ventures, and set up by Craig Walker, a former entrepreneur in residence at the search engine's corporate venturing unit.

Google eyes $30m investment in the movie-style gaming company at a $190m valuation, as Google Ventures-backed location-based mobile app company Echoecho raises $750,000.

The corporate venturing unit of Disney is joined by Norwest Venture Partners, General Catalyst and Voyager Capital backing the company.

Paul Musselman, formerly of Intel Capital and IBM's corporate development team, takes the top role at the language learning start-up, which spun off from Carnegie Mellon University.

Loyalty software company Points International is joined backing another loyalty software developer by the venture unit of Canada pension fund Omers and Mars, an Ontario government fund.

Paul Musselman, formerly of Intel Capital and IBM's corporate development team, takes the top role at the language learning start-up.

The US-based online marketplace for crafted good is reportedly backed again by Google Ventures in the latest round.

Evernote raises the funds and also buys Penultimate, a handwriting app, which is the fourth biggest selling application for the iPad since Apple began selling them.

This article, the second of two, contains ideas for successful corporate venturing drawn from my experience in operations in corporate companies, start-ups providing products and services to corpo-rates and corporate venture capital investing with an oil major. This article deals with obstacles and failure signals.