Transport

Conglomerate Al Yemni Group helped car hire service Ekar close a $17.5m round that will support its entry into Saudi Arabia as it looks to expand across the Middle East.

AfricInvest has injected another $4m into a series B round for on-demand ride service Heetch that already included Allianz and Mobivia.

A focus shift has been taking place among oil and gas corporate venturers, which is borne out in our most recent research.

CapitalG returned for the $400m series D that brought Convoy’s total funding to $668m, after the Alphabet subsidiary had previously led a $185m series C round.

STV has participated in a series A round for Raed Ventures-backed on-demand truck booking service Trukker, which is eyeing recruitment and customer experience improvement.

Monthly Analysis: October 2019

GCV was delighted to head to São Paulo in October to co-host the fifth annual Corporate Venture in Brasil conference, in partnership with ApexBrasil, and to hold our inaugural GCV Academy in the region.

This year’s Global Corporate Venturing Asia Congress from October 1-2 welcomed a delegation of about 50 international corporate venturers.

Third-year update on CVC programs’ potential impact on public stock price performance

It is an irony that as the world moves to cleaner sources of energy it is increasingly reliant on one of the most challenging industries for the commodities.

Academic research towards quantum computing and other quantum technologies is beginning to pay dividends, but continued progress will rely on strong cooperation between academic, industry and government partners.