
In August, we saw 25 corporate exits, a 19% drop from August last year, though total capital raised hit $3.97bn, up 34% year on year.
Private equity companies have been active in buying VC-backed companies, sometimes at a significant discount. Digital and life sciences startups dominate the list of exits.
The gaming sector saw a surge in interest from corporate investors in April. Deals in India and China are also bouncing back.
Four companies raised over $700m in February as a burgeoning crypto sector continued to help Singapore buck the bear market and pharma companies resparked IPOs in the US.
Exit values are increasing, crypto funding has seen a resurgence and Singapore has seen a 60% year-on-year increase in corporate-backed funding rounds.
Mistral AI raises $415m, Near Intelligence files for bankruptcy, plus a whole host of acquisitions. The full corporate venturing activity round up for December 2023.
Robotics deals saw an increase despite an overall decline in deal count and dollar volume this summer.
Corporate investors have been part of $3bn worth of AI deals so far this year, with June particularly strong. There has also been a uptick in exits.
Corporate-backed Gorillas was bought for just $1.2bn and, together with competitor Oda's $151m down round, it looks like winter is here for grocery delivery services.