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Subsector: healthcare IT and administration
A decade or more after setting up the golden age of corporate venturing units were set up with a focus on life sciences and healthcare, such as US-listed conglomerate Alphabet’s GV (formerly known as Google Ventures) and US-listed drugs company Merck’s Global Health Innovation Fund (GHIF), and the returns have surpassed many expectations.
May 6, 2021Kahoot to spend big on Clever acquisition
GV is set to exit educational software portal developer Clever in a purchase by Kahoot set to be sized between $435m and $500m.
May 6, 2021HoneyBook turns page to $155m round
Citi Ventures has returned to help the administrative support marketplace hike its valuation to over $1bn in a series D round led by Durable Capital Partners.
May 5, 2021Sonder sends out $2.2bn reverse merger plans
The Lennar-backed accommodation provider will take a Nasdaq listing having previously raised $530m, and was valued at $1.3bn as of June 2020.
May 4, 2021Analysis: Shapeways goes public in a reverse merger
Shapeways is another company from the 3D printing space, which has gone public through a reverse merger, after its peer Desktop Metal in 2020. The additive manufacturing space has seen a somewhat modest interest from corporate investors in the past decade.
May 3, 2021JD Logistics gets go-ahead for IPO
JD.com's logistics spinoff, which counts China Life and Tencent as investors, has received approval for an offering set to be between $3bn and $4bn in size.
Apr 30, 2021OpenClassrooms stays course for $80m series C
Salesforce Ventures has chipped into the online learning platform’s latest round, bringing its overall funding to about $150m.
Apr 30, 2021Daily Deal Round Up: April 29, 2021
Rakuten took part in a $37m round for virtual kitchen operator Taster while Nano Dimension is buying M12-backed 3D microprinter developer NanoFabrica for up to $54.9m.
Apr 29, 2021Dentsu dedicates capital to second fund
The marketing group’s $92.2m vehicle is set to operate for 10 years and strengthen its presence in the Japanese startup ecosystem.
Apr 28, 2021Daily Deal Round Up: April 27, 2021
Renal care provider InterWell Health and skincare product manufacturer Make Essence both raised approximately $46m while Salesforce-backed JazzHR agreed a merger.
Apr 27, 2021Subsector: AR & VR
Apple last week introduced AirTag, “a small and elegantly designed accessory that helps keep track of and find the items that matter most with Apple’s Find My app”.
Apr 27, 2021Urban Company builds $188m series F round
Prosus has led the on-demand home services provider’s latest round, which was reportedly secured at a $2bn valuation, pushing its total funding past $370m.
Apr 27, 2021Featured Content
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About us
GCV provides the global corporate venturing community and their ecosystem partners with the information, insights and access needed to drive impactful open innovation. Across our three services - News & Analysis, Community & Events, and the GCV Institute - we create a network-rich environment for global innovation and capital to meet and thrive. At the heart of our community sits the GCV Leadership Society, providing privileged access to all our services and resources.
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