October’s corporate VC data shows a steady recovery from the venture downturn with a sharp rise in funding for robotics and autonomous vehicles.
October was the third-strongest month since at least the start of last year in terms of the number of startups backed by corporate investors, and the second strongest in terms of dollars invested in these funding rounds. Only July and September saw more funding rounds, and only June saw more investment volume, indicating a strengthening comeback for corporate VCs.
Compared to October last year, there was a 31% increase in deal flow, but only a 7% increase in dollars invested, indicating more but smaller deals. Indeed, October 2024 saw more money invested in billion-plus funding rounds than in sub-billion rounds, whereas last month saw a wider distribution of investment.
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
