Telecoms

The acquisition of China-based digital map service AutoNavi for $1.5bn by Alibaba, secured the biggest corporate venturing exit of the quarter, after Alibaba had previously owned a 28% stake in the company.

There were 456 investments in corporate venturing-backed companies worth $14bn, a sharp rise over the 246 investments worth $5.8bn in the first quarter. There were also 38 exits worth $9.7bn, which was a dramatic rise against the 21 exits worth $5.4bn in the first quarter.

As well as investing in the biggest investments, Alibaba also secured the biggest exits, after it acquired China based digital map service AutoNavi for $1.5bn, having earlier backed it. Alibaba was also a big investor in China-based microblogging platform Weibo, which raised $285.6m in an initial public offering (IPO).

A round-up of the biggest corporate venturing dealmakers in the second quarter.

Corporate venturing units maintained a brisk deal-making pace in the summer with another busy month in June, although activity was down against the bumper spell of deal-making in May.

In-depth analysis of the venturing ecosystem and infrastructure in Belgium, the Netherlands and Luxembourg.

An edited transcript of the keynote speech by Nagraj Kashyap, global head of Qualcomm Ventures, at the Global Corporate Venturing Symposium.

Arvind Sodhani, head of Intel Capital, talked to Toby Lewis, editor of Global Corporate Venturing, at the Global Corporate Venturing Symposium in May.