Energy

The mobility sector has been flourishing in the past few years with the development of ground-breaking technologies in the electrification, autonomous vehicles and connectivity segments reshaping the entire industry.

Innovative region: Kenya

Monthly analysis: November 2021

Kaloyan Andonov spoke with Tianyi (Tony) Sun, director of corporate venture capital at GC International, about the experience of the relatively young CVC arm of Thailand-based PTT Global Chemical Public Company (PTT GC or GC), its alignment with the strategy of its corporate parent and what it can offer to entrepreneurs it backs

Managing director Crispin Leick spoke to GCV about EnBW New Ventures' two most recent investments and the potential for infrastructure technology to catch up with software deals.

The animal-free protein producer raised a series C round from investors including Prosus Ventures. This sizeable round is indicative of the upward pressure on valuations and increased deal making activity in the space.

Since its passage, the Bayh-Dole Act has bolstered US economic output by up to $1.7 trillion, supported 5.9 million jobs and helped lead to more than 14,000 spinouts.

Salesforce Ventures helped supply $62m for business intelligence software developer Klue while GS Retail invested $55m in mobility services provider Kakao Mobility.

The semiconductor producer completed a nine-figure series C round from investors including SAIC Motor. This is a deal from the semiconductor and chips space, which does not normally see many corporate-backed deals but our data suggest valuations are currently experiencing upward pressure.

SoftBank’s Latin America Fund helped prayer app developer Glorify raise $40m at a $250m valuation while decentralised derivatives network Hxro Network secured $34m in a round featuring several corporates.

SoftBank Vision Fund 2 invested in sneaker marketplace operator Soda at a $336m valuation while university application platform developer CollegeDekho increased its series B round to $35m.