Transport

University and government venturing successes fail to attract significant corporate interest

Sector report: Energy

The following is a snapshot of the data we have collected on investment activity over the past three months. To verify reported deals, we contact about 300 corporate investors each quarter – these comprise roughly 18% of the global CVCs we cover, but account for most of the deals that are made public.

Dentsu and Times Internet have reportedly both invested in a $75m round for the automotive e-commerce marketplace that could eventually reach $170m.

Car sharing platform Togo increased its total funding to $72m in an SIG-backed series B2 round that followed a $26m round in January.

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

SoftBank is reportedly close to providing half of a $1bn round the on-demand ride platform is lining up, though it is unclear whether its other corporate backers will reinvest.

Reliance Industries returned to invest $8m in an M12-led round that took Netradyne's funding to $37m in just over two years.

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

Russia-based air carrier S7 Airlines is lining up a $50m fund having already tested the waters with $10m of corporate venturing investments.