This is what they are looking for
In the middle of the company The slowdown in industry funding in 2022 sent non-traditional investors such as hedge funds and private equity firms running for the hills. Many assumed corporate venture capital funds would do the same, but they didn’t.
These strategic lenders remained consistent in 2022 and, according to PitchBook data, even increased their presence in venture deals. In 2022, CVCs participated in 26.2% of venture deals, just hair growth from the 25.6% in 2021. While this isn’t a meaningful change in any way, it’s notable as every other category of crossover investors participated fewer in 2022 than in 2021.
While mainstream venture capital fundraising is not expected to be particularly robust this year – and funding in general has continued to decline so far – there are signs that corporate venture capital will continue to be a stable source of funding in 2023.
Scott Lenet, the co-founder and president of Touchdown Ventures, which helps companies set up their CVCs, told businesskinda.com+ that the company is getting more income than ever from companies looking to start their own fund.
The volatility of recent years has led more funds to commit capital, which should be good news for startups. In addition, it is attractive to get the support of an investor who is not tied to a specific life cycle of a fund in an uncertain exit environment.
Janice has been with businesskinda for 5 years, writing copy for client websites, blog posts, EDMs and other mediums to engage readers and encourage action. By collaborating with clients, our SEO manager and the wider businesskinda team, Janice seeks to understand an audience before creating memorable, persuasive copy.
