Financial

Sector focus: Transport

The astonishing development of the private capital markets for fast-growing companies in the past five years is easy to record but only when put against public markets does the transformation in liquidity become apparent.

Rob Lavine, News editor for Global Corporate Venturing, reviews the trends in venturing from 2018

In our annual survey of corporate venturing industry leaders, we asked what were the most important trends in 2017 and sought their insights into the big opportunities of 2018.

The Citi Ventures-backed bookkeeping software provider has increased its total funding to almost $43m in a Bessemer Venture Partners-led round.

Smart car maker Byton seeks to raise another $500m after having raised a $500m corporate-backed rounds last year.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Go-Jek has invested a reported $72m in Naspers-backed fintech developer Coins.ph, acquiring a majority stake in the process.

Steve Taub, formerly a managing director at corporate venturing unit GE Ventures, has joined In-Q-Tel as a partner.

ANZ has joined Macquarie Bank, Bailador and Pepper Group as an shareholder in the online mortgage broker, following a $28.7m investment.

Aberdeen Standard Investments has supplied $13m for the digital insurance provider, adding to the $20m Aflac provided earlier this month.