Turing Saw the Future of Computing
February 20th, 2023
Corporate venture capital (CVC) firms broke records last year. Funding increased 47% to $52.95 billion and 264 new corporate venture groups invested for the first time, a 35% increase over 2017. There were 773 active CVCs worldwide in 2018, participating in 23% of all VC-backed deals, with the average CVC deal size reaching an all-time high of $26.3 million, according to CB Insights.
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