Services

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.

Hulic Startup is the latest real estate-focused CVC unit in Japan, after the likes of 31Ventures, HHP Co-Creation Fund, NN Corporate Capital and TFHD Open Innovation Program, part of Mitsui Fudosan, Hankyu Hanshin Properties, Nomura and Tokyu Fudosan respectively.

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

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.

Yamato joined Global Logistic Properties and Globis to back the white and brown goods leasing and rent-to-buy marketplace, as the sector gains momentum in Japan and the wider Asia region.

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.

Salesforce Ventures led a round valuing the customer engagement software company at $21bn while Zoom continued to grow its corporate venturing bonafides.

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.