Telecoms

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.

Laurel Buckner is heading to venture firm WestRiver Group as a managing director having helped ATN set up its corporate venturing arm.

Summary of corporate-backed funding initiatives 2011-19

Monthly analysis: July-August 2019

Three corporate venturing windfalls have resulted in three different strategies to maximise shareholder value over the long-term.

With innovation in technology fast outpacing traditional business processes, corporations are increasingly turning to investments as a way of adapting to change and staying ahead of the competition.

New York has one of the most vital tech ecosystems in the world, with Silicon Alley in Manhattan said to be the east coast’s answer to Silicon Valley.

Sister publication Global University Venturing’s analysis of the second quarter of 2019 shows increased investment activity as the year progresses and record-breaking amounts generated through exits.