The value of corporate-backed deals slumped in the third quarter, but sectors like energy and telecoms bucked the trend as did a few geographies like Israel.
Corporate venture activity slumped noticeably across the board in the third quarter, with the number of rounds involving a corporate backers down 17% from the same period last year. The total value raised in those rounds was down 57% from the year-ago period. The same pattern was true also for exits and funding initiatives.
It wasn’t doom and gloom in all innovation geographies, however. Some, like Israel…
