Chinese corporate venture capital groups Baidu Ventures and Legend Capital took places four and five, respectively, on the list of the world’s most active in 2018.
Google on top
The ranking features in a report from analyst CB Insights, reports news site CTM File. It is based on the number of target companies for each investor.
The list is still topped, however, by three US companies: Google Ventures, Salesforce Ventures and Intel Capital.
AD
Deals grew in both number and size
Deals backed by corporate VCs grew by 36 percent in the year – and funding jumped by 80 percent to $21.2 billion since deal sizes grew, according to CB Insights. Internet start-ups were among the most successful in attracting the corporate venture capital.
Asia accounted for 38 percent of the corporate VC-backed deals.