There is no let-up yet in the investor pullback, but a series of big energy fundraises helped keep total deal value from falling further.

The value of corporate venture-backed funding rounds dropped another 56% in October, continuing to fall at more or less the same pace as in the third quarter. One month into the fourth quarter, there seems to be no bottoming out yet in the investor pullback.

The number of corporate-backed deals from around the globe stood at 349 in October, down 32% from the 511 rounds registered in the same month last year. This was the lowest number of deals…

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Kaloyan Andonov

Kaloyan Andonov is head of analytics at Global Corporate Venturing.