Telecoms

Innovative region: New York

In mid-October there were six Global Corporate Venturing stories on life sciences startups raising capital.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Telstra's corporate venturing unit has secured $50m for a fund that will function as a companion to the second fund it began raising last year.

Qorvo has purchased a portfolio company, radio frequency technology developer Cavendish, in a deal that will also allow Qualcomm Ventures to exit.

Our analysis shows that venturing rounds at most stages have grown their median dollar size. Later-stage rounds have experienced a much more pronounced growth.

With news that We Co has withdrawn its IPO filing, we take a look at what the move could mean for corporate venturing going forward.

Its technology sector is the bedrock but the innovation boost the country needs is beginning to happen.

A snapshot of the corporate-backed venturing activity in Asia-Pacific show it is the second most active region in terms of corporate-backed venture deals and exit count.

Portable wifi provider Skyroam has added $20m in series C funding to the $20m it raised from investors including Delta Electronics early last year.

Arya Setiadharma, chief executive of investment firm Prasetia Dwidharma, has taken a venture partner position at Telkom Indonesia's corporate venturing unit.