H1, 2013 Corporate Venture Capital
by: Terry Stidham
According to a PricewaterhouseCoopers/National
Venture Capital Association MoneyTree™ Report the most recent data shows that
corporate venture capital (CVC) activity is on the upswing. In the first half
of 2013, corporate VCs invested an estimated $1.38B in 303 deals. This activity
is attributed to 107 corporate VC groups and represents a participation level
of 16.7% of the deals done by the industry and 10.9% of the dollars. This
percent of dollars is a post-bubble record.
More than a quarter of
the corporate dollars (27.7%) went to the software sector; 17.7% to biotech
sector, and 11.6% to the industry/energy sector. Sectors where CVC was a
significant player based on percentage of deals engaged in are telecom,
networking and biotech.
For
energy and clean tech, 15.8% of all CVC dollars went to this sector and
corporate groups were involved in 19.7% of all the energy and clean tech deals.