US venture capital trade body lies out its strategy to align its focus with corporate venturing groups.
Last year, corporate venturing groups (CVGs) represented $1.9bn, or 9%, of the total venture investment in the US, according to data collected on behalf of the National Venture Capital Association (NVCA).
Although this is below the peak reached at the turn of the millennium, corporate venturing is an important constituent of the venture investing ecosystem and in some areas, such as clean-tech, were even more influential. CVGs provided 29.1% of all dollars invested in clean-tech and were involved in…