Transport

Singapore-based used car and automotive services marketplace Carro has backed Malaysian peer MyTukar as part of a Southeast Asian expansion drive.

Summary of corporate-backed funding initiatives 2011-19

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

Automated driving systems manufacturer CalmCar collected $14m from a SAIC Motor subsidiary and Beijing Connected Vehicles Development Fund having previously been backed by BAIC and China Unicom among others.

TuSimple has secured a $120m series D extension from investors including Mando and UPS, bringing the oversubscribed Sina-led round to a $215m close.

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.

The developing digital health sector has had to wait almost three years for the public markets to open up to it, but when they did, it was corporate venturing portfolio companies that were first through the flotation exit doors.