The venture industry is likely to consolidate significantly in the next decade as funding confers greater advantage to large venture investors.
Read more from TechCrunch →NGP Capital is a global venture capital firm with over $1.2 billion under management, investing in the U.S., Europe, India and China. We back entrepreneurs building growth-stage technology companies within the Enterprise, Mobility and Digital Health.
GetYourGuide and Deliveroo both announced new funding today, with Deliveroo raising $575M led by Amazon and GetYourGuide $484M led by Softbank’s Vision Fund. NGP Capital first invested in both companies in 2015, both investments were made in NGP Capital’s Smart Mobility theme.
Read MoreFueled by its $300 million Series D round led by Softbank last August, Getaround is making its second-ever acquisition this year with a $12 million purchase of Norwegian car rental startup Nabobil. This acquisition brings Getaround into seven European countries.
German auto giant Volkswagen on Tuesday announced its foray into the shared mobility space with a tie-up with self-drive car rental platform Zoomcar. Read more from Livemint!
NEXT Trucking, a FreightTech pioneer that connects shippers and carriers, has struck an agreement to open an 18-acre drayage facility to ease congestion at the ports of Los Angeles and Long Beach, the two largest seaports in the US. Read more from Port Technology International.
Venture is no longer a cottage industry where partners sit around a conference table on Mondays meeting companies and discussing which to support. Read more by Paul Asel on TechCrunch.
This round will go towards funding sales and marketing and expanding Vida’s national coaching and therapy network.
Today, SecurityScorecard’s platform is the “gold standard” for security ratings used across 175 countries for cybersecurity insurance underwriting, M&A due diligence, reputation management, and vendor risk management.
The cluster of security acquisitions (Twistlock, Verodin, Recorded Future) announced in May prompted a lively conversation at NGP Capital today about where we are in the security investing cycle.
Moovit is a leader in inclusive technology, with innovative work that helps people across the disability spectrum use buses, trains, subways, ride-hailing services and other modes of public transit.
Squirrel AI, NGP Capital's investment in China, is one of the few companies that specializes in intelligent adaptive education in China.
Under Management
More than $1.2 bn for entrepreneurs creating the connected world
Companies
More than 90 companies, 8 IPO's and 33 M&A's
Billion-dollar companies
Xiaomi, Deliveroo, GanJi, UCWeb, Heptagon, Quikr, Rocket Fuel, Lime
Regions
Actively investing in the US, Europe, China and India since 2005