Telecoms

Several corporates backed the blockchain technology developer in its latest round, boosting its valuation to $1bn. Valuations of blockchain tech companies have soared along with the interest in speculative assets classes inherently linked to the blockchain in recent times.

The drone technology provider raised capital from a host of corporates, bringing its total funding to over $84m.

The Global and China L4 Autonomous Driving and Start-ups Report, 2021, found that except for a few companies, such as Waymo and Uber, which performed worse than expected, level four (L4) autonomous driving firms in other fields gained momentum.

Deutsche Telekom-backed DTCP was among the investors that pushed the cybersecurity management platform developer’s valuation to $2.6bn.

Monthly analysis: February 2022

Comment by Adam Salkin, a partner in one of Israel’s leading law firms, Herzog, Fox & Neeman

Innovative region: Israel

Analysis by James Mawson, founder, Global Corporate Venturing and co-author of Transformative Innovation (with Christine Gulbranson)

Bernstein Management and JBG Smith helped accommodation provider Placemakr raise $90m while crypto custodian Hex Trust netted $88m in a round co-led by Animoca Brands.

GV returned for a multimillion dollar round raised by the clinical data software provider, which is part of a space of much interest to corporate investors.

The corporate venturing industry is pushing towards a 50:50 split in senior investor roles.