Big companies and risk capital can be awkward partners. Here’s how to get corporate venturing right.
No one needs to be told how crucial innovation is to a business’s survival in a constantly morphing landscape. Corporate venture capital (CVC) is one of three main innovation mechanisms that large companies now deploy, along with internal R&D and innovation M&As. In recent years, CVC units have become increasingly important across geographical borders, industries, and technology sectors, helping companies to stay nimble and forward-looking — and to create new growth engines. In 2022, global CVCs invested almost $100 billion in about 5,000 investment rounds of VC-backed companies.1 Over 100 new CVCs were created that year alone.
