The Art of Corporate Venture

The number of crypto and token funding rounds is still climbing but the overall volume of capital in these deals has fallen sharply.

Corporates are still investing in startups but valuations have fallen dramatically. Some areas such as China and healthcare have been hit hard.

Being an early customer for startups — rather than investing in them — can increase the amount of technology a corporate can bring in 10x.

The debt finance deal gives FTX the chance to buy crypto management tool developer BlockFi for up to $240m - less than 10% of its last valuation - and the news should be making equity investors nervous.

We've condensed down three days of talks, networking and demos at the GCVI Summit in Monterey into these insights.

If a CVC unit wants to bring in outside money, it needs a great track record, a unique angle and skin in the game.

Asian, fintech-focused and less than seven years old – some of the CVC trends we saw when compiling the Global Corporate Venturing Directory.

The 10-person team at Prologis Ventures is on the smaller end of the scale but has made 37 investments over the past six years.

Each team member will do every part of the process, from scouting, selection to presenting ideas to the business units.

TDK Ventures started with a minimal team size while it was proving itself and grew it when the portfolio needed more support.