In our series of articles Corporate Venturing on the Test Bench, Martin Haemmig and Boris Battistini review and analyse the latest trends.
Government venturing is an increasingly important part of today’s global venture capital activities. According to the Global Government Venturing (GGV) database, in Q4-2014, there were 173 investment deals with a government-backed fund in the syndicate and 12 exits through sale or flotation. During the same quarter, governments disclosed $1.25bn of commitments to 20 VC funds raising in total more than $3bn. In addition, more than 40 funds were raised with government commitments with closed or set target allocation from budgets of $18.65bn.
Following…