The numbers of deals, exits and funding initiatives involving corporates continue a relative decline year-on-year. But there was a pause in the most recent quarter, when the fall is mostly in total dollar terms. The community appears to have weatherеd the SVB debacle successfully (at least for now).
The first quarter of 2023, and especially the month of March, were marked by general bank turmoil in financial markets. This was particularly the case for the VC community because of the collapse of Silicon Valley Bank (SVB), which had served it for 40 years.
Corporate venture activity continued to slump in total dollar terms across the board in the first quarter, while the number…
