
The bank has created a new fintech and AI venture unit, Itaú Ventures, following the acquisition of an investment firm.
Kosuke Mori, managing partner at Saison Capital/CEO at Saison International, is one of the 100 leading corporate venturing professionals in our 2025 Powerlist.
Petrobras is seeking a fund manager and external capital to invest in decarbonisation technologies.
The Rio de Janeiro-based fund will back startups making the the oil and gas value chain more efficient.
Corporate-backed startups exits were at their highest level for over two years in Q1 2025, with large acquisitions spiking the total value.
The latest funding round was led by Suzano Ventures and included investors such as Plug and Play.
Sofia Pimenta Campos, innovations and ventures consulting director at Deloitte, is one of our top 50 Emerging Leaders in corporate venturing for 2025.
Thiago Iglesias, head of Torq, is one of our top 50 Emerging Leaders in corporate venturing for 2025.
Mining companies are finding technology in university labs to reduce their greenhouse gas emissions.
Pedro Compani joined Banco BS2's newly created corporate venturing unit after a stint at data analytics company Neoway,
Campos, who is a startup founder and angel investor, has joined The Bakery venture services company in Brazil.
Colombia is climbing global innovation rankings and more startups are approaching unicorn status. VCs are taking note.
The Brazilian petrochemical company has a new CEO and is restructuring amid a slowdown in oil and gas.
Suzano's investment arm has upped its investment in Marvin as the climate crisis puts landowners at increased risk.
Many of the companies have financial and corporate venture backers, as businesses seek alternatives to single-use plastics.
BS2 Ventures has been equipped with nearly $17m and is targeting startups that can help its parent bank serve SMB customers.
Longer hours and better tech are changing the way people trade, and the way CVCs need to search for innovation.
Brazil’s central bank is great at working with innovative technology, and hopefully others in LatAm will follow suit, says Torq’s Thiago Iglesias.
Even during its current rough patch, investors in Brazil are confident in the fundamentals of the market.
Montreal launches $5m venture arm targeting early-stage digital technology startups.
Sustainability is 'critically important' in agriculture tech, but startups need to use new technologies like AI to balance it with cost reductions, say corporate VCs.
Formed in partnership with accelerator Founders Club, the CVC announced its first investment in embedded finance platform Baasic.
Bruno Arcadier says scaling up startups to handle the vast volumes of the mining industry is a key challenge.
As the Brazilian CVC market starts to cool, Valetec is looking to diversify its business with a venture building division.
After a five-month spell at a financial advisory group, Claudio Lambert returned to Grupo Rendimiento’s corporate venturing subsidiary as head.
The financial services firm's Mexican and Brazilian units are each equipped with $100m, and CVC unit Saison Capital will play a key role.
Luís Manuel, executive director of EDP Ventures, is among the 100 leading corporate venturing professionals in our 2024 Powerlist.
The Brazilian beauty and wellness group’s CVC unit will target seed-stage opportunities in circularity, beauty and customer service segments.
The Bakery will help clients build CVC strategies while Staged Ventures will manage the funds and Pipe Ventures will provide deal flow.
As part of its expansion across Latin America, Torq Ventures has launched its first regional office outside of Brazil.
While generative AI is the word on every investor's lips, hospital systems are still far from being able to benefit from this technology. The biggest hurdle to overcome? IT systems.
These are the 50 early-career professionals who are rising fast in the corporate venturing industry.
Eduardo Brussi, head of corporate venture capital, Banco BV, is one of our top 50 Rising Stars for 2024.
Juliana Innecco, head of venture capital at Torq Ventures is one of our Top 50 Rising Stars in corporate venturing for 2024.
Franklin Luzes, chief operating officer, Microsoft Participações, is one of our top 50 Emerging Leaders in corporate venturing in 2024.
Delegates' optimism was palpable at the 7th annual GCV's Corporate Venture in Brasil conference in Sao Paulo last week.
Brazil's corporate venturing units are mostly less than 3 years old but have been set up in a way that maximises chances of success.
Latin America not only has a rapidly growing corporate venturing ecosystem but very active cohort of female practitioners.
MSW Capital's Richard Zeiger joins the pod to talk about its multi-corporate LP approach and why it rejects the CVC-as-a-service label.
The Spanish telecoms firm is leading a list of corporate backers for the fund, which is looking to fill the gap for technology scale-ups in Southern Europe and Latin America.
The CVC sector's reputation is improving after a rocky start in Latin America’s largest economy.
It is difficult for third-party firms with multiple clients to gain a good understanding of any single company, says head of CVC of Brazilian steelmaker Gerdau.
The South American country's startup ecosystem has matured to the point that corporates are saying it is a perfect time to invest, says Alya Ventures' Cassio Spina on the CVC Unplugged podcast.
The Latin American nation ranks above neighbouring countries in the strength of its startup ecosystem.
Having been brought in-house after being outsourced, Gerdau Next Ventures points to the growing confidence of Brazilian corporates when it comes to CVC.
Changan Automobile, Contemporary Amperex Technology and China South Industries were all part of Avatr Technology’s $412m series B round.
Integrated online healthcare company Halodoc secures $100m in series D funding, and money-saving app Snoop is acquired.
Inflection AI has amassed a staggering $1.3 billion. With this infusion of capital, its total funding soared past $1.5bn, placing the company's valuation at $4bn.
Z Holdings’ Z Venture Capital subsidiary took part in interactive generative AI platform Wrtn’s $11.8m series A round.
Selva Ventures closed its second fund at $34m, securing support from Unilever and others in the consumer and professional sports sectors.
Gabriela Toribio tells us why Wayra Brasil and the newly formed Vivo Ventures have an inside track in a market where early-stage funding is plummeting.
The corporate-backed startup informs more 100,000 farmers in Latin America about precise soil and climate conditions to optimise planting.
Naver, SoftBank and Samsung backed Kream’s $168m series C round while BMS and Lyell helped lift Outpace Bio’s series A to $55m.
As the central tenets and ideas of corporate venturing expand around the world new, unique forces in generative AI are coming into play to change the dynamic and unleash greater disruption.
Brazil's corporate venturing ecosystem is still relatively young, with the majority of progammes set up in the last three years.
Lukasz Garbowski, investment director at Btomorrow Ventures, is one of our top 50 Emerging Leaders in corporate venturing in 2023.
Juliana Innecco, head of investments, Torq Ventures is one of our Top 50 Rising Stars in corporate venturing for 2023
Ana Carolina Mazzariolli, manager of innovation and new ventures, Telefónica Brazil is one of our Top 50 Rising Stars in corporate venturing for 2023
Gabriela Toribio, managing director, Vivo Ventures and Wayra Brasil, is one of our emerging leaders in corporate venturing in 2023.
TIM is supplying $50m for SoftBank spinofft Upload Ventures’ $250m debut fund while UPMC chipped into Noema’s $112m series B round.
State Power Investment Corporation spinoff State Fuel Cell Technology Corporation raised $648m while Mercedes Benz spinoff RepairSmith is being bought for $190m.
SoftBank contributed to a $700m round for sports memorablia retailer Fanatics while Drata, ShopBack and First Mode each notched up $200m.
The Brazilian petrochemical company’s new CVC is late to the game, but doesn’t want to sit idle.
Torq Ventures — which has gone from consultancy to full CVC unit in 3 years — is a sign of how fast Brazilian corporate venture is growing.
Corporate investors have backed 60 Brazilian startup funding rounds so far this year, double the number in 2019 — and there is more to come.
The country’s biggest CVC-as-a-service firm says it is an optimal time to invest in startups as corporate interest in innovation soars.
More and more corporates are turning to external specialists to run their venturing units. Here's what you need to know before you take this option.
Braskem has formed a $150m corporate venturing initiative while Saudi Aramco's Prosperity7 Ventures fund took part in SingleStore’s $146m series F2 round.
M12 has co-led a $34m round for Ox Security’s while SoftBank-backed Solfácil has upped its series C to $130m.
CVC veteran Daniel Malandrin, who was part of GCV Rising Stars and Emerging Leaders rosters, has left DX Ventures and joined KPMG Brazil.
Telefónica Ventures head of investments Pablo Moro tells Global Venturing Web3 and the metaverse are now among its priorities, with play-to-earn, tokenisation, VR and AR among the potential strategic areas.
Corporates have dramatically slowed down the rate at which they invest in startups, except in these two sectors.
Investment is building again in the sector after a lull, but big companies are hedging their bets on which type of aircraft will work best.
With three health corporate LPs in tow, Kortex Ventures’ focus is digital and personalised.
These are the 55 women working in corporate venturing function across the DACH region — and how they got there.
Eli Lilly took part in a $50m series A1 round for Neukio Biotherapeutics while Itochu led Docquity’s $44m series C.
Intel Capital co-led an extension that took Anyscale’s series C round to $199m while Saudi Aramco's Prosperity7 fund helped Zilliz lift its series B to $103m.
Helmerich & Payne and Liberty Energy backed a $138m round for Fervo Energy, and Shandong Weigao helped Jinjiang Electron raise $103m.
SK provided $100m for Atom Power, while MediaTek, Ta Ya, Simplo and Chunghwa Telecom all took part in TXOne Networks’ $70m series B round.
Qualcomm’s strategic investment unit has hired Stephanie Hsu to join fellow Brazil-based director Michel Glezer.
ETS Global led a $210m round for UpGrad while CrowdStrike's Falcon Fund took part in Talon Cyber Security's $100m series A.
Corporate venturers from the IT sector completed 191 exits between June 2021 and May 2022 – 125 acquisitions, 30 IPOs, four mergers of equals, six buyouts and 26 other transactions.
Innovation seems threatening to legacy thinking in the region, preventing corporates from going into high-performance mode.
DeNA and Seibu Holdings helped Allm raise $180m, while several corporates are exiting ViaCyte in a $320m acquisition.
Allianz X helped digital insurance provider Coalition raise $250m while protein synthesis technology developer Nuclera hiked an E Ink-backed series B round to $58m.
Fabio Massuda will now sit across investments and portfolio management at the Brazilian firm.
Julio Ramundo is heading up the paper and pulp provider's newly formed corporate venturing unit, which is targeting forestry sustainability and efficiency technologies.
Coinbase’s acquisition of the Brazil-based cryptocurrency brokerage was stymied as negotiations fell through.
BMW and Ralph Lauren contributed to an $85m round for sustainable materials provider Natural Fiber Welding while Credit Saison invested $80m in virtual credit card service Julo.
Bikini brand Frankies Bikinis received $18m from strategic investor Victoria's Secret while department store retailer Lojas Renner has formed a $31m investment vehicle.
The corporate benefits provider reportedly raised in excess of $100m in its series C round, which it claims is Brazil's second largest round for an HR technology provider.
Data analytics engineering group DBT Labs closed a $222m series D round including several corporates while 4Paradigm has filed an IPO prospectus again after its earlier attempt expired.
Banking firm BBVA returned to reinvest in Neon, part of a group of digital banking portfolio companies it has built, increasing its stake to nearly 30%.
Data analytics platform developer Starburst raised $250m in a Salesforce-backed round valuing it above $3.3bn while SoftBank co-led a $140m round for small molecule drug developer Ventus.
Top 50 Emerging Leaders 2022 (in alphabetical order by CVC unit): Rosario Cannata, executive investment manager, EDP Ventures
From September to December 2021, Global Corporate Venturing conducted its annual State of CVC survey.
Solana and Jump Trading helped crypto wallet developer Phantom secure $109m while HR software provider Gupy netted $93.1m in a round co-led by SoftBank.
CSAA-backed digital home insurer Kin Insurance has backed out of a reverse merger while The Sandbox has committed $50m to a metaverse startup accelerator.
SoftBank led digital pharmacy Alto's $200m series E round as well as a $130m series B round for rent data software provider Esusu.
MSW Capital is among the funds managing $36m of venture capital cash for Banco do Brasil, which is controlled by the Brazilian government and listed in São Paulo.
The corporate's ongoing Latin American portfolio has grown after it led pet product retailer Laika's $48m series B round and a $40m round for rural finance provider TerraMagna.
SoftBank's Latin America Fund took part in the construction materials marketplace’s latest round at a reported valuation of $800m.
Digital banking platform operator Nu Holdings priced its IPO at the top of its range in New York, representing the first Brazil-originated flotation in three months.
SoftBank invested in rounds for Olist, Open Co and Juspay while Innovaccer raised $150m.
Corporate-backed digital banking platform operator Nu Holdings priced its offering at the top of its range in New York, representing the first Brazil-originated flotation in three months.
The Tencent and Berkshire Hathaway-backed digital bank is seeking to grow its valuation from $30bn in June to over $50m in flotations in the US and Brazil.
The mobile payment app developer has expanded an Experian-backed round with a $10m extension, taking its total funding to approximately $110m.
The Tencent and Berkshire Hathaway-backed digital bank, valued at $30bn in June, has confidentially filed to go public on the New York Stock Exchange.
SoftBank and Tencent provided a combined $150m to co-lead a series F round valuing the trucking services marketplace at $1bn.
SoftBank’s Latin America Fund has thrown its weight behind CRM&Bonus as the customer loyalty platform accelerates its international expansion.
SoftBank and Globo Ventures contributed to a series B round for Merama that valued the e-commerce holding group at $850m.
SoftBank has brought in former Redpoint eVentures partners Rodrigo Baer and Marco Camhaji to work on its recently launched second Latin America-focused fund.
SoftBank and Porto Seguro were among the investors that brought the pet-focused e-commerce platform’s disclosed funding to more than $225m.
Tencent came onboard as the digital business banking developer raised cash which will be put towards growing its customer base.
With backing from Tencent, the online real estate platform has pushed its series E round to $420m.
Qualcomm Ventures helped the e-commerce platform provider raise a series E round which took its overall funding to over $620m.
Several corporates backed a $68m series D round for microbiome drug developer Vedanta Biosciences while grooming brand owner Pangaea raised the same amount from investors including Unilever.
Clean medicine developer Genexa roped in Unilever for its $60m series A round while Krafton led storytelling platform developer Pratilipi's $48m series D.
Electric aircraft developer Heart Aerospace raised $35m from investors including Mesa Air and United, while several corporates are set to exit remote access software developer Openpath.
The charter bus booking platform is planning a significant expansion following a capital injection supplied by investors including SoftBank.
SoftBank contributed to a $65m round for fresh produce marketplace Frubana while KDDI invested in food ordering service Menu at a $228m valuation.
SoftBank Innovation Fund has chipped in for a round that valued the rental listings marketplace at $4bn, increasing its overall funding to $635m.
Existing investor FIS returned to help payment network operator CloudWalk increase its funding to $206m altogether.
Opioid addiction care provider Groups Recover Together and healthcare management platform developer Vim each raised $60m, with Optum Ventures backing both rounds.
Google’s Black Founders Fund has now backed 17 Brazil-based startups through the programme and may go on to invest in 13 more.
Genomic therapy developer EdiGene, electric vehicle rental platform Go Sharing and API management platform developer RapidAPI have all raised about $60m.
The SoftBank-backed used car marketplace more than tripled its valuation to $4bn in seven months, with D1 Capital Partners leading the round.
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Q&A with Gonzalo Soriano, senior investment analyst, AC Ventures
Qualcomm Ventures has returned to back the e-commerce platform developer’s series D round after co-leading its previous round late last year.
Comment from Bedy Yang, managing partner and head of ecosystems, 500vc, and Ee-Ling Lim, regional director for Asia-Pacific
Comment from Carol Strobel, operating partner, Redpoint eVentures, Brazil
SoftBank-backed Volpe has reached an $80m first close of its inaugural fund and made its first deal by investing in Uol Edtech.
SoftBank and Microsoft have helped the last-mile delivery service increase its valuation to roughly $2bn in a round led by CapSur Capital.
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
The credit platform developer, which serves small and medium-sized businesses, has collected new funding from Banco BV.
Qihoo 360 has exited the Brazil-based peer after it joined AI technology group CyberLabs to form a new company, CyberLabs Group.
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
The digital bank pushed its valuation to $25bn in a Tencent-backed round that will support its growth in Latin America.
Banco Plural took part in a $37.2m round for the digital currency exchange that will support its international expansion.
Top 50 Emerging Leaders 2021 continued (in alphabetical order by CVC unit): Carlos Kokron, vice-president and managing director of Americas and operations, Qualcomm Ventures
The three funds comes as Daniel de Macedo switches role and a new trade body committee is set up for CVCs.
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Creditas will pay an undisclosed amount for the digital mortgage lender, a spinoff from Banco Bari, as it seeks to boost its real estate financing division.
This $57.5m cash injection for will support growth, product development and acquistions for the e-commerce services provider.
Viking Global led a $150m round for the Visa-backed banking software provider that will go to product development and international growth.
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
SoftBank has exited the electronic health record platform through a $32.7m acquisition by medical school operator Afya.
Iugu, a Brazil-based finance automation and payment platform for small companies, has raised R$120m ($22.5m) in its series A round from a consortium including US-based investment bank Goldman Sachs. Venture capital firm Indicator Capital and Fábio Póvoa, co-founder of local internet group Movile and angel investor through Smart Money Ventures, joined the A round. Indicator Capital previously […]
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Facebook-backed Campo Digital will partner 10 Brazil-based agtech developers that will showcase their products on a demo day scheduled to take place in April 2021.
The top 25: Jeffrey Li, managing partner, Tencent Investment
Investment manager XP has allocated up to $1.5bn in capital for a strategic investment fund dubbed XP Ventures.
Guilherme Lima has left his role as head of corporate venture at consumer electronics producer Elsys for a partner position at venture firm Astella Investimentos.
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Mercado Libre's MeLi Fund has chipped into a $22.5m for online brokerage platform operator Warren that was led by QED Investors.
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Indicator Capital will oversee the $39m internet-of-things fund co-founded by Qualcomm Ventures and the Brazilian government 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.
Comment from Miguel Arias, global entrepreneurship director, Telefónica
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Prepared by researchers from the Washington University, St Louis on behalf of The Yield Lab, sponsored by Rabo Strategic Ventures
The Iniciativa Women Entrepreneurship scheme consists of $10.4m fund WE Ventures and a smaller development-stage vehicle called WE Impact.
Brazil-based venture capital partnership Redpoint eVentures has secured an undisclosed amount of capital from Telefónica Innovation Ventures.
The Global Corporate Venturing and Innovation Summit 2020 in Monterey, California, brought together more than 800 corporate venturing leaders from corporations representing about $10 trillion in annual revenues.
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
The Dell-backed cloud security platform developer was valued at nearly $3bn in a late-stage round led by Sequoia Capital Global Equities.
AgFunder-backed agricultural technology developer Solinftec has attracted $40m in a round led by private equity firm Unbox Capital.
Introduction to the World of Corporate Venturing 2020 by James Mawson, editor in chief, Global Corporate Venturing
Rodrigo Mendezes, Flavio Pripas and Rosario Cannata addressed the opportunities and challenges for Brazilian startups and corporate venturing units.
The rest of the 50 (in alphabetical order): Daniel de Macedo, strategy and innovation manager, Algar Ventures
The rest of the 50 (in alphabetical order): Carlos Kokron, vice-president and managing director, Qualcomm Ventures
The rest of the 50 (in alphabetical order): Daniel Aguilar Andrijic Malandrin, vice-president of private equity and venture capital, Bradesco and head, InovaBra Ventures
The rest of the 50 (in alphabetical order): Rosario Cannata, investment manager, EDP Ventures
The semiconductor producer’s investment vehicle has partnered Brazilian development bank BNDES to set up a $39.3m fund to provide seed to series A funding for internet-of-things startups.
Voice communication technology provider Teravoz has been acquired for an undisclosed amount by Twilio, allowing Telefónica subsidiary Wayra Brasil to exit with a 30-times return.
BASF Venture Capital has invested $4m in SP Ventures' AgVentures II vehicle, which is set to invest in more than 20 Latin America-based startups.
Banco Vorantim has co-led a $95.3m round for digital banking service Neon roughly 18 months after becoming its financial services partner.
Eretz.Bio is an initiative of the Sociedade Beneficente Israelita Brasileira Albert Einstein (Israeli Beneficent Society Albert Einstein) that works as an incubator of startups focused on innovation in the health sector.
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.
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.
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
MSW, which secured Microsoft, Qualcomm Ventures, Banco Votorantim, Bayer, BB Seguros, Grupo Algar and AgeRio for its first fund, is targeting $24m.
SoftBank is leading a $46.6m round for the e-commerce integration platform as it carries on its Latin American spending spree.
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Three corporate venturing windfalls have resulted in three different strategies to maximise shareholder value over the long-term.
The corporate has already backed Kaszek Ventures and Valor Capital, but plans to supply cash for up to 10 venture firms in connection with its $5bn Latin America fund.
GCV Rising Star Paulo Braga, who leads Eurofarma’s corporate venturing fund, has spoken to Global Corporate Venturing about the unit's focus.
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
The pharmaceutical firm will invest up to $11.7m through the fund, which is led by GCV Rising Star Paulo Braga.
Tencent was among the returning backers in a TCV-led series F round that came after discussions with SoftBank about leading a $1bn round fell through.
Creditas has received $231m in series D funding from investors including SoftBank through its Latin America Fund and Vision Fund, and Santander.
The telecoms firm SoftBank has backed a substantial $300m round of gym membership provider Gympass, which is part of the beauty and fitness space, which has seen stable corporate-backed deal flow with rising valuations in recent years.
Nubank is in talks with SoftBank to lead a funding round of up to $1bn that could more than double the fintech’s valuation to between $8bn and $10bn as it pursues additional markets.
SoftBank backed online lender Creditas, a company from the alternative lending space, which does not seem to have experienced exponential growth in valuations.
The delivery services platform secured $100m in a round led by returning investor SoftBank Vision Fund, while another SoftBank fund considers adding $50m.
Online lender Creditas has raised $200m from SoftBank at a reported $700m post-money valuation, adding to about $84m previously procured from backers including Naspers.
26 – 100 in alphabetical order: Quinn Li, Qualcomm Ventures
Bertelsmann has promoted Daulins Emilio, previously director of investments at Bertelsmann Brazil Investments, to lead the unit and the Corporate Centre in São Paulo.
The comestics supplier plans to invest the capital in Europe and North America through a series of funds, starting with Dynamo Beauty Ventures.
SoftBank has tapped three executives to help run its $5bn Latin America-focused fund, with Paulo Passoni and Shu Nyatta to work alongside managing partner André Maciel.
The Banco Votorantim-backed business finance provider has received $30m from Franklin Templeton that will support its growth in Latin America.
EDP Ventures head Cassio Carvalho Pinto Vidigal has departed from the unit to lead Deutsche Bank’s global subsidiary coverage in Brazil.
CPFL Energia’s strategy and innovation specialist Danilo Leite has been hired by peer Votorantim Energia as an innovation manager.
The fourth annual Global Corporate Venturing & Innovation (GCVI) Summit in Monterey, California on Wednesday and Thursday, January 30-31 by reporters Kaloyan Andonov, Edison Fu and Thierry Heles
SoftBank is reportedly considering a Latin American fund that would be sized in the billions of dollars, in addition to leading a $149m round for Brazil-based Gympass.
The rest of the 100 (in alphabetical order): Karime Hajar Alves, Cielo
The rest of the 100 (in alphabetical order): Thais Perico Sousa, BASF Venture Capital
The rest of the 100 (in alphabetical order): Paulo Braga, Eurofarma
The rest of the 100 (in alphabetical order): Bruno Loreto, Construtech Ventures
This is our data snapshot based on last month’s investment activity. The charts and tables have been generated by our data platform GCV Analytics.
Vinícius Scaramel left his position as an innovation area manager at InterCement to join fellow corporate Grupo Benner as innovation and products manager.
Kieran Gartlan has departed from a Latin America-based senior director position at CME Group for a managing director role at The Yield Lab.
Existing investor Qualcomm Ventures has returned to back the apartment rental website's $64m series C round, which will support an expansion into additional cities.
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Online food delivery platform iFood has secured another $500m in a round featuring majority owner Movile and fellow corporate Naspers.
University of Minnesota is part of a list of limited partners that provided $150m for Brazil-based venture firm Monashees to close its eighth fund.
Brazil-based fintech companies have been on the news in recent times, showing the potential of the South American country’s ecosystem.
The fourth annual Corporate Venture in Brasil conference organized by government agency Apex-Brasil in partnership with Global Corporate Venturing (GCV) was the most popular yet with 700 applications and a who’s who of attendees who “came to grow” in the theme of the event. Since the partnership started in 2016, $184m has been invested in […]
Stanford-StartX Fund has invested in childhood development app creator Kinedu, which counts childcare provider Advenio among its early backers.
E-commerce firm Alibaba has provided an undisclosed amount of series C1 funding for China-based smartphone recycling service Huishoubao, China Money Network reported today. Huishoubao had previously raised angel funding from Source Code Capital in 2015, series A funding from Chengwei Capital and Citic Capital in 2016 and a similarly undisclosed amount of series A-plus funding […]
Enterra Feed, a Canada-based developer of insect-based ingredients for animal feed, closed what it called a ‘major global funding round’ yesterday, which was led by investment manager ADM Capital’s Cibus Fund with backing from poultry product supplier PHW Group and an unnamed, family-owned investment group. The company received $5m from Avrio Capital in 2014 and […]
The social impact accelerator being run by Facebook and Artemisia has named the first 10 startups that will be taking part.
The enterprise software producer plans to back 10 startups through its Senior Ventures fund by the end of 2022.
TrackR, the US-based possession-tracking device developer backed by e-commerce firm Amazon and mobile network operator NTT Docomo, has secured a little over $10m according to a regulatory filing. The company had raised a total of more than $60m as of its last round, a $50m series B in August 2017 featuring corporate venturing units Amazon […]
A report released last week by the Center for Advancing Innovation and PatSnap shows the US and the EU are falling behind on the number of patents filed.
Telecommunications company China Mobile has supplied an undisclosed amount of series E funding for China-based cloud services provider UCloud in connection with a strategic partnership deal, 36kr reported yesterday. UCloud had raised a total of $299m from investors including media group Bertelsmann, conglomerate Legend Holdings, Oriza Holdings, DCM Ventures, GX Capital and CICC Alpha, as […]
Newly formed corporate venturing unit EDP Ventures Brasil will invest at seed and series A stage on behalf of the Europe-based energy provider.
A round up of all the latest news on www.globaluniversityventuring.com for our subscribers.
Unilever Brazil, a local subsidiary of Netherlands-based consumer goods maker Unilever, has launched Lever Up as the company’s first worldwide startup acceleration program. Lever Up will be led by venture capital firm Liga Ventures’ Corporate Accelerator Alternate Ventures, targeting startups in the IT, supply chain, e-commerce, home care and food sectors. Those selected to participate […]
The rest of the 100 (in alphabetical order): Peter Quadros Seiffert, Embraer
The rest of the 100 (in alphabetical order): Francois Dossa, Alliance Ventures
The top 25: Annabelle Yu Long, Bertelsmann Asia Investments (BAI)
Brazil-based logistics marketplace operator Mandaê has completed a $7.1m series B round featuring courier firm UPS, chipset manufacturer Qualcomm and e-commerce firm Mercado Libre. The round was led by International Finance Corp, the private investment arm of multilateral agency World Bank, with participation from Icon Holding Company, Tekton Ventures, FJ Labs, Performa Investimentos and Monashees. […]
The BBVA-backed Propel Venture Partners was among the investors in what the digital banking startup described as Brazil's largest ever series A round.
Gareth Keane, an investment manager at Qualcomm Ventures, the corporate venturing subsidiary of US-based chipmaker Qualcomm, has left to join venture capital firm Promus Ventures. Keane had been at Qualcomm Ventures for nearly six years having joined in 2012 after Texas Instruments’ acquisition of National Semiconductor the year before. He is leaving following a shake-up […]
James Mawson identifies issues raised at the World Incubation Summit and calls for input ahead of GUV's updated review of university venture funds to be published at GUV:Fusion in London in May.
‘The pace of change will never be as slow as it is today,” said Sue Siegel, chief innovation officer at GE, CEO of GE Ventures, and the summit’s co-chairman, when she opened the conference. “Change is going so fast,” she added. “Today is as slow as it is going to get. “In the future, you […]
Probably the most active corporate venturing unit over the past five years in terms of volume of activity has perhaps been a surprising one – Spain-based telecoms group Telefónica. Apart from misleadingly-named venture capital firm 500 Startups’ 1,200 deals in its first five years, it is hard to find another group that matches Telefónica’s $300m […]
A GCV Rising Star nominee for the third year in a row, Arthur O’Keefe joined São Paulo, Brazil-based global mobile commerce company Movile five years ago, and is currently partner and group chief financial officer (CFO) overseeing corporate development and strategy for the group that has raised more than $250m itself from a syndicate led […]
For all the geopolitical upset in the world, countless governments around the world found a lot of time to double down on – or get involved in – the venturing space in 2017. The timing was right, therefore, for Global Government Venturing to launch its Leadership Society at the annual Global Corporate Venturing & Innovation […]
The Top 25: #1 Stephen Zhu, Didi Chuxing
For all the geopolitical upset in world, countless governments around the world found a lot of time to double down on – or get involved in – the venturing space in 2017. The timing was right, therefore, for Global Government Venturing to launch its Leadership Society at the annual Global Corporate Venturing & Innovation Summit in January, […]
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Didi Chuxing's reported $600m acquisition of a majority stake in its Brazilian counterpart indicates a new level to its expansion plans.
China-based on-demand ride hailing service Didi Chuxing acquired 90% of its Brazilian counterpart 99
As China-based ride-hailing service Didi Chuxing's acqures a majority of Brazil-based peer 99, below is a version of a speech presented in a keynote at the Corporate Venture in Brasil conference in October 2017.
The on-demand ride service is reportedly in talks to buy a majority stake in Brazilian counterpart 99, a year after leading a $100m round for the company.
The Latin American mobile services platform has now raised more than $250m altogether, and will invest part of the funds in food delivery platform iFood.
Internet technology provider Google has announced the 24 startups that will make up the 2018 batch of its Launchpad Accelerator. Launchpad provides companies with equity-free support, a two-week bootcamp at Google’s US headquarters in San Francisco, mentorship from Google and venture capital experts, credits for Google products, media training and six months of support in […]
The partnership aims to connect researchers, student entrepreneurs, managers and business developers with a view of generating more companies.
In all the companies we invest in, we try to build a cooperative mutually beneficial relationship
A summary of the Brazilian realm of corporate venture capital
There are two essential elements for any ecosystem developing its innovation capabilities – “awesome entrepreneurs” and the investors and service providers to help them develop. At the third annual Corporate Venture in Brasil conference last month, both sets were increasingly on display as the hosts, Apex-Brasil in partnership with Global Corporate Venturing and a range […]
Goldman Sachs, Qualcomm and Ability Logistics invested in a round that boosted the trucking services provider's overall funding to $34m.
This is a version of a presentation first shown at the Corporate Venture in Brasil conference, hosted by Apex-Brasil in partnership with Global Corporate Venturing earlier this month.
Last week the Brazilian Trade and Investment Promotion Agency, Apex-Brasil, and Global Corporate Venturing ran once again the Corporate Venture in Brasil conference to develop corporate venture capital in Brasil.
Over the past few weeks and months, the country has seen positive headlines for large deals, venture fundraising and corporate innovation initiatives
Over the past few weeks and months, the country has seen positive headlines for large deals, venture fundraising and corporate innovation initiatives.
Over the past few weeks and months, the country has seen positive headlines for large deals, venture fundraising and corporate innovation initiatives.
James Mawson, editor-in-chief, reviews last month's Global Corporate Venturing Symposium 2017
James Mawson, editor-in-chief, reviews last month's Global Corporate Venturing Symposium 2017
SoftBank, already an investor in Didi Chuxing and Ola, has added $100m to more than $100m raised by 99 in January this year.
Naspers has continued its growth-through-investment strategy by paying $423m for a 13.5% share of online food ordering platform Delivery Hero.
Introduction to the GCV Powerlist 2017 by James Mawson, Editor-in-Chief
The rest of the 100 (in alphabetical order): Peter Quadros Seiffert, Embraer
The Rakuten-backed ride hailing service, valued at $320m as of April 2016, is reportedly raising up to $500m in a series D round that will fund Brazilian expansion.
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Spain-based bank Santander has set up an accelerator in Brazil with entrepreneurship organisation Endeavor to back financial technology developers.
Claudia Fan Munce, venture adviser at New Enterprise Associates and former managing director of IBM Venture Capital Group: How innovations that drive growth of the parent corporation are sourced through corporate venturing activities, investing, incubating, business development for commercial partnership, M&A and other things that are part of the corporate venture portfolio of activities. […]
“Mergers and acquisitions without integration” sounds like trying to have your cake and eat it – to have the excitement of chasing and closing a deal without worrying about the consequences of trying to make it fit in with its new parent. This formula, though, is the secret raising agent behind Movile’s cake becoming larger, […]
For a country with a relatively nascent entrepreneurial and corporate venturing ecosystem given its size and economic importance, Franklin Luzes has done much to support both startups and investors. Luzes joined US-listed software developer Microsoft in October 2002 as part of its developer platform and evangelism organisation then spent seven years working with independent software […]
What will be the big opportunities in 2017? Results from our corporate venturing survey of industry leaders.
Didi Chuxing has led a $100m series D round for Qualcomm-backed Brazilian counterpart 99 as part of a strategic alliance.
Grupo Algar's corporate venturing unit has joined the likes of Qualcomm, Microsoft, Monsanto and Agerio in Brazilian pre-acceleration fund BR Startups.
Apartment rental marketplace operator QuintoAndar has raised $12.6m in a Qualcomm Ventures-backed round that lifted its overall funding to $20m.
Brazil-based car rental firm Unidas on Monday filed for an initial public offering in São Paulo, aiming for up to $195m in proceeds and providing an exit to car rental provider Enterprise Holdings. Unidas has not yet revealed a date for the flotation or priced its shares for the offering. The announcement comes just one […]
The modular shoelace developer received the funding from backers including Sforza, the owner of new strategic partners Topper Brazil and Rainha, and a footwear brand that is most likely Adidas.
The Corporate Venture in Brasil 2015 event in October last year was the launch of a program with a full suite of resources to support corporations doing business and matching partners, deals and technologies. Around 600 leaders and investors joined hosts Apex-Brasil and Global Corporate Venturing for this first industry meeting point in Sao Paulo. Last month was the second annual edition, with the third planned for the week of 23 October 23 next year.
The second day of the conference opened with further positive insights from Brasil Ventures’ survey of 68 corporations’ open innovation and venturing interests and approaches, as 77% said they had been developing relationships with startups in the past year. With more than half (57%) having acquired a smaller company, the attitude by senior executives to […]
Brazil's innovation capital ecosystem is developing at a rapid pace.
RSI I Fund, a subsidiary of human resources provider Recruit Holdings, has led a $5m series A round for Mystifly, the India-based operator of business-focused airline booking platform MyFareBox, the Economic Times reported on Tuesday. The funding, closed at a $38m valuation, will be invested in sales, marketing and product development as Mystifly, which has […]
Baidu has made a lead investment in Easterly Ventures, following news earlier this month that the internet company is also launching a $200m corporate venturing arm and a $150m media-focused fund.
Microsoft has formed a collaboration with investment firm Mindset Ventures to fund Microsoft Accelerator graduates that can serve the Brazilian market.
Google is reportedly funding startups formed by ex-team members, including social network Hello, independently to parent company Alphabet's CVC activities.
Movile and Just Eat have reinvested in the Latin American food delivery platform, which will expand by buying Just Eat subsidiaries in Brazil and Mexico.
A survey found a 16 percentage point rise in the number of Brazilian corporations investing in startups.
The week's review of venturing activity across our three titles, Global Corporate Venturing, Global University Venturing and Global Government Venturing.
Monsanto and Qualcomm are partnering Microsoft on a $92m fund that will support Latin America-founded agribusiness technology startups.
Naspers made its fifth investment in the mobile commerce company, which has just invested $4m in online ticketing platform Sympia.
A member of the top 100 from the Global Corporate Venturing Powerlist
A member of the top 25 from the Global Corporate Venturing Powerlist
Henery Crown and Company joined the Brazil-based medical device and diagnostics equipment supplier for a series C round that boosted its total funding to $47m.
The rest of the 100 (in alphabetical order): Peter Quadros Seiffert, head of corporate venture capital, Embraer
“Mergers and acquisitions without integration” sounds like trying to have your cake and eat it – to have the excitement of chasing and closing a deal without worrying about the consequences of trying to make it fit in with its new parent. This formula, though, is the secret raising agent behind Movile’s cake becoming larger […]
The rest of the 100 (in alphabetical order): Karime Hajar Alves, mergers and acquisitions manager, TOTVS Ventures
The rest of the 100 (in alphabetical order): Hanns Anders, investment manager, iRobot Ventures at iRobot
Louise Stuart, mergers and acquisitions executive, Naspers
With 256 large corporations in Brazil, a million students graduating each year and increasing government support for entrepreneurs and investors, the world’s seventh-largest economy should already be one of the most vibrant in terms of its innovation capital ecosystem. But “should” rarely translates into action unless the constituents in the ecosystem want to be part of it. Brazil’s corporations have […]
With 256 large corporations in Brazil, a million students graduating each year and increasing government support for entrepreneurs and investors, the world’s seventh-largest economy should already be one of the most vibrant in terms of its innovation capital ecosystem. But ‘should’ rarely translates into action unless the constituents in the ecosystem want to be part […]
Olá from São Paulo, where the national government, through its Apex-Brasil organisation, held the first day of its Corporate Venture in Brasil event on Monday, 19 October, to give the 50 corporations a chance to meet the local star entrepreneurs at the Cubo accelerator. Today we move to the InterContinental hotel in the centre for […]
While the current headlines are often negative for Brazil and other BRIC economies, a closer look at their innovation reveals a potentially more positive outlook.
Open innovation theory suggests the knowledge necessary to generate innovations come from outside a firm, and entrepreneurial businesses may be a valuable source of such knowledge. Academics, such as London Business School professor Gary Dushnitsky, have found some validation of the theory, such as as “increases in corporate venture capital investment are associated with subsequent increases in […]
Toby Lewis, editor of Global Corporate Venturing, invited four corporate investors to discuss the recession’s lingering effects, the industry’s state and the relationship between investment units and their parent company. The panel consisted of George Coyle, manager of energy company ConocoPhilips’s corporate venturing subsidiary Technology Ventures; Jon Lauckner, president of automotive manufacturer General Motors’ investment division GM Ventures; […]
Antivirus software provider PSafe has secured series D funding from investors including Qihoo 360 in order to support its expansion across Latin America.
Priceline invested the capital as part of a strategic agreement that will involve it helping the Brazil-based online travel company to enhance its global offering.
Ray Haarstick, CEO of data tracking software provider Relevant Equity Systems discussed global strategies for corporate venturing and the opportunities presented by sharing economy with investors from across the globe. The panel comprised Claudia Fan Munce, managing director of US-based IBM Venture Capital; Matthew Koertge, managing director of Australia-based Telstra Ventures; Charles Searle, CEO of […]
Movile now owns a majority share of iFood, which claims to be Brazil's largest online food ordering platform, and the money will support a doubling of its restaurant base.
Naspers has returned to invest another $40m in the mobile software and services developer following Movile's $55m series D round last year.
The wireless technology company has invested in Latin American taxi hailing app 99Taxi for a second time, in a round led by Tiger Global.
Mobile commerce company Movile has invested $15m in the local business reviews app, which operates across Latin America.
Baidu has purchased a controlling stake in internet deals company Peixe Urbano for an undisclosed fee in order to further its reach in the Brazilian e-commerce market.
Printing services company Vistaprint has made its first investment in Latin America, purchasing a minority stake in online printing service Printi for $25m.
From our sister publication, Global Government Venturing. In an opening address at the Mission-Oriented Finance for Innovation conference (Mofi2014) at the House of Commons, the UK’s lower chamber of parliament, Andrew Haldane, chief economist at the Bank of England, noted that China’s economy is now about seven times the size of Italy’s, whereas in 1990 […]
Our annual look at the media sector, with interviews with top executives in the sector including Bertelsmann Digital Media Investments's Urs Cete [pictured]
Our annual look at the telecoms sector, with market participants including Swisscom Ventures' Dominique Megret [pictured].
Rocket Internet start-up ClickBus, founded last year, has received $10m in series A funding in a round featuring retail group Tengelmann.
Naspers-backed media and education company Abril Educacao has sold a 18.5% stake to the Singaporean sovereign wealth fund GIC for about $265m.
Brazil When it comes to academic recognition, Brazil is a long way behind peers in Europe, Asia, and North America. Its top ranking university – the highest of all the nations in South and Central America – is the University of São Paulo, which achieved the 127 spot in the latest QS World University Rankings. […]
An edited transcript of the keynote speech by Nagraj Kashyap, global head of Qualcomm Ventures, at the Global Corporate Venturing Symposium.
Corporate venturing units across the information technology sector are eyeing various big sectors that can be transformative, from the cloud to big data to the internet of things. See our most influential table here.At the Global Corporate Venturing Symposium in May, Arvind Sodhani, head of Intel Capital, the corporate venturing unit of the US‐based semiconductor […]
There was a surge of deals in May as investment activity picked up from corporate venturing groups across many sectors.
The firm recently made the first investment from a fund backed by mobile service provider MTN, which is targeting the middle class in emerging nations.
The Brazil-based insurance price comparison site has secured $9m in a round supported by Bertelsmann and MTN-backed Amadeus Capital.
Microsoft Ventures and Espirito Santo Ventures will be joined by another corporate venturing unit, Qualcomm Ventures, and will seek to secure up to BRL 300m ($127.8m) for the fund.
Atomico, a venture firm with backing from Skype co-founder Niklas Zennström, is investing once again in the e-learning sector. Existing portfolio company Quipper, a UK company that offers online quiz content that focuses on academic courses and professional qualifications, as well as trivia and news quizzes, has raised $5.8m in a second tranche of a […]
Kaltura, a US-based open source video platform, has raised $47m in a series E round led by SAP Ventures, the corporate venturing unit of software company SAP and Nokia Growth Partners, Commonfund Capital, and Gera Ventures. Others that took part in the latest round include .406 Ventures, Nexus Venture Partners, Intel Capital, Mitsui & Co. Global Investment and Silicon Valley Bank. The company has raised $115m to date.
Spain-based WiFi-sharing network Fon raises $14m in a venture round led by the venture capital unit of California-based microchip manufacturer Qualcomm. Other previous investors also took part in the round, including Google, Deutsche Telekom and ventures capital firms Index Ventures, Coral, Atomico.
Chinese antivirus firm Qihoo 360 leads $30m funding for Brazilian peer PSafe.
PraxisUnico, a UK-based technology transfer training organization, has delivered a three-day course for Colombian innovation managers in Cambridge, UK. Last month’s training course by Alison Campbell and Robert Marshall was funded by the UK’s Foreign & Commonwealth Office’s (FCO) Prosperity Fund and INNpulsa, and was run in partnership with Cambridge Enterprise, an affiliate of the […]
Oxford Catalysts Group, a clean synthetic fuel producer, has announced the signing of an agency agreement with Tecnoil Comércio e Representações in order to develop its business in Brazil. The Oxford spin-out, founded in 2004, is currently seeking to accelerate projects in Brazil as it looks to take a stake in the country’s developing oil […]
Africa Internet Holding, a JV between telecoms operator Millicom and Rocket Internet, invests $10m in taxi booking app.
Geofusion, a Brazil-based company providing three-dimension maps, has raised an undisclosed amount from a consortium including Intel Capital, the corporate venturing unit of the eponymous chip maker. Reinvesting in the latest round for Geofusion was Criatec, a BR100m ($48m) investment fund backed by Brazil’s National Bank for Social and Economic Development (BNDES) and Banco do […]
The Brazilian market represents over 65% of the worldwide demand for unbonded flexible pipe used in offshore production.
Sequoia Capital was the venture capital firm most active alongside corporates in the first quarter. It was in the syndicate backing Xoom, which raised $101m in its initial public offering, at a market capitalisation of $509m, as was SVB Capital, the private equity division of Silicon Valley Bank.
Liberty Media, a US-based company, has acquired 5.1% of Ideiasnet, a Brazil-listed venture capital firm. Greg Maffei, Liberty Media’s executive president, said: “Brazil presents significant market opportunity with a growing economy and a large population with upward mobility. We found a great entry point through our Ideiasnet investment.”
WebRadar, a Brazil-based big data company, has raised multi-million dollar investment from Intel Capital, the corporate venturing unit of the eponymous US-listed chip maker. David Thomas, managing director for Intel Capital in Latin America, said: “Even though it is still early in Brazil, the big data market has already reached $4.8bn worldwide and is one […]
Publisher Macmillan’s corporate venturing unit’s investment in two Brazil-based education technology companies, Veduca and Easyaula bring to mind UK prime minister Harold Macmillan speech to South Africa’s parliament in 1960, when he said: “The wind of change is blowing through this continent [Africa]. Whether we like it or not, this growth of national consciousness is […]
This week’s Big Deal analysis is on publisher Macmillan’s corporate venturing unit’s investment in two Brazil-based education technology companies, Veduca and Easyaula. The deals bring to mind UK prime minister Harold Macmillan speech to South Africa’s parliament in 1960, when he said: “The wind of change is blowing through this continent [Africa]. Whether we like […]
Veduca, a Brazil-based online video platform for educational content, raised $740,000 in its seed round from a consortium including Macmillan Digital Education, which also backed Easyaula, an online educational marketplace that makes it easy for people to learn anything from anyone.
Movile, which has nine offices across Latin America, said it would help iFood into new markets, including the US.
Global Corporate Venturing surveyed the heads of corporate venturing units round the world as well as influential service providers and others in the ecosystem to ask: “What was the most important event or trend in 2012?” and “What will be the biggest issue you face in corporate venturing in 2013?”. Last month we published their […]
Peter Drucker Forum seeks new models to reinvigorate capitalism.
Claudia Fan Munce, managing director at US-listed technology company IBM’s Venture Capital Group, last year became the first corporate venturing board member of US trade body the National Venture Capital Association. This endorsement follows 12 years of pioneering work by Fan Munce. IBM Venture Capital commits to nearly 100 independent venture capital funds and eschews […]
55Social, a Brazil-based social media marketing platform, has reportedly raised an undisclosed amount from Redpoint E.Ventures, a corporate venturing-backed fund. According to news provider TechCrunch, the specifics about the funding amount are not being disclosed “but we have confirmed that this round is a series B and brings its total amount invested in 55Social to […]
Earlier this year, Shell created the role of vice-president (VP) of innovation to help bring together its corporate venturing units with other parts of its technology and business development teams.
The world of how fast-growing entrepreneurs can gain the funding and support they need is changing as the traditional venture capital model reaches its pensionable age.
The latest 10 investments by Intel Capital are split geographically between the US, China, India, South Korea and Brazil, and include an investment in US-based content sharing company Box, which recently raised $125m.
Intel Capital invests an undisclosed sum in ELike, and makes it a hat-trick for investments in Brazilian online fashion retailers.
Founding partners Yann de Vries, ex-Cisco corporate development, and Anderson Thees, formerly chief executive of Brazil-based search engine Apontador, are managing the Brazil-focused fund, which has invested in portfolio companies Viajanet, Grupo Xango, 55Social, Shoes4you and Sophie & Juliete.
Qualcomm Ventures, the corporate venturing unit of US-listed technology company Qualcomm, has expanded its team in Europe, the US and Latin America. Carlos Kokron has joined as managing director of Latin America based in São Paulo, Brazil, after previous roles including as director of Intel Capital for Latin America and Southwest US and as a […]
Panel on how can firms deal with a globally-distributed, cross-sectoral innovation landscape, moderated by Andrew Gaule from Corven.
Intel backs Brazil-based health and wellness company with more than 8 million unique users per month.
Cisco Systems reportedly makes a big research and development push into Brazil, including plans for a venture fund.
The Spain-based Telecoms group plans to invest in 20 small UK businesses.
Cisco corporate development executive Yann de Vries and Anderson Thees, formerly chief executive of Brazil-based search engine Apontador lead the venture.
Intel's corporate venturing unit reveals it did five deals in Brazil last year, including the two announced deals.
Online fashion retailer Farfetch.com brings its total funding to $24m after a round supported by investors including the Otto Group-backed eVenture.
Although Intel Capital has invested in the continent for 11 years, the deal is the corporate venturing unit's first Latin American healthcare information technology (IT) investment.
According to newswire Reuters, Abril Educacao will use Livemocha to set up an English learning platform for Brazil's emerging middle class.
In February, Intel Capital-backed Vostu, a Spanish-language social networking and gaming site focused on Brazil, raised $30m in its series C round, according to a report by news provider New York Times.
The console manufacturer, previously backed by Qualcomm, is aiming to put out its forthcoming system next year and has attracted new financing in the run-up.
Footballer Ronaldo and WPP own 45% of his new company with business partner Marcus Buaiz the remainder, according to news provider Financial Times (FT).
Accel and Tiger invest in social games company Vostu, which had been backed by Intel Capital.
The 11th annual Intel Capital CEO Summit for more than 700 portfolio company chief executives shows the range and depth of the corporate venturing group's activities.
Moksha8, a Brazil-based specialty drugs company, raises $61m in its series D round that includes Watson Pharmaceuticals.
Profile: Naspers, a South Africa-based media conglomerate has become perhaps the country's most successful post-apartheid business on the back of a global diversification strategy through corporate venturing and acquisitions.
Emerging markets to see growing numbers of venture capital firms while developed markets to suffer decreases, according to global survey.
South Africa-based media conglomerate Naspers has linked up through a circuitous route with a funder of social networking website Facebook in order to back a Brazilian fashion website.
Intel Capital-backed Vostu, a Spanish-language social networking and gaming site based in Brazil, has relocated to New York with $12m in equity funding, according to a filing with the US Securities and Exchange Commission posted by news provider citybizlist.