In order to provide the right answers, the corporate venturing fund manager will need to break out of the traditional corporate venture fund structure and strengthen alliances beyond its home sector.
When it comes to European utilities, their corporate venturing activities can be divided into two generations. The first generation was driven by the technology boom end of the 1990s with a wide technology focus and in many cases passive investments managed by non-corporate venture capital (VC) partners.
The second generation of utility investments in corporate venture vehicles started four years ago with focused investment strategies and very strong links to the corporate strategy officers and experts. The second-generation teams are…
