Wider corporate venturing activity continued to be robust, although the month was down on prior periods. In April there were 64 investments worth $885m, 93 investments worth $1.6bn in the same period last year, and 78 investments worth $905m in March.
April came to a close, and the wider markets continue to be problematic. At press time the European Central Bank had cut rates by 0.5% in an effort to kickstart a stuttering Europe, where eurozone employment hit a record 19 million.
However, while there are a number of negative economic indicators, stock markets continued to test record highs, led by the S&P 500, with technology one of the sectors driving the excitement, as well as the prospect of further central bank money.
Wider corporate venturing activity continued…
