Telecoms

It has been a remarkable decade for innovation capital. More than $1 trillion of venture capital had been invested by the end of last year, according to data provider Pitchbook, driven by corporations engaging in more than half that total, according to GCV Analytics.

Sector Analysis: Information Technology

Monthly analysis: June 2019

3D printing developer Carbon raised a new round reaching $260m and featuring corporate backers from different sectors.

Grab has so far raised $4.8bn series H round, after Invesco chipped in $300m in addition to the funding provided by corporate investors like SoftBank Vision Fund, Microsoft, Toyota, Ping An and others since June last year.

Industrial e-commerce platform Zhenkunhang raised a $160m corporate-backed series D round, which forms part of the emerging e-commerce space

Real estate developer Greenland Holdings has invested $29m in Qualcomm-backed LTE technology producer Baicells and $22.6m in Intel Capital-backed facial recognition software provider Reconova.

Korea Telecommunications Operators Association is among the limited partners in a $42m fund aimed at technologies such as artificial intelligence, big data and 5G networks.

Sector analysis: Healthcare

GCV editor-in-chief James Mawson closed the second day of the symposium by moderating a discussion on the impact financial technology developers are having on incumbent banks.

Blockchain technology is an opportunity to change the way we see illiquid assets of ownership including venture capital, with implications for all stakeholders, according to a discussion moderated by GCV editor-in-chief James Mawson.