A record number of corporate venturing funds have been raised this year.
Eighty-three corporate venturing funds from either a sole or a predominant corporate backer have been raised this year – a record.
The top 10 funds with a sole commitment by a corporation raised more than $8bn, according to Global Corporate Venturing (see table).
The largest funds, by China-based media group Tencent and US-based gas provider Chesapeake, raised $1.5bn and $1bn respectively.
However, an aggregate figure for the total can only be estimated at $12bn – based on an average…
