IT

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.

The investment co-led by rivals in the workplace messaging space is likely a sign of increased cooperation in the future.

The customer engagement software provider’s Twilio Ventures unit is the latest SaaS-focused corporate VC fund, following recent initiatives by Hubspot and Zoom.

Incode and Odyssey Therapeutics each secured over $200m while Alvotech Holdings, BenevolentAI and Tomorrow.io have agreed reverse mergers at unicorn valuations.

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.

Professional education provider Platzi pulled in $60m through a Prosus-led round while e-commerce software producer Marketplacer took in $38m from investors including Salesforce Ventures.

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

Corporate-backed artificial intelligence technology developer SenseTime has set terms for an offering which could illustrate where China's troubled public markets space currently lies.

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.