According to a new analysis from PitchBook, corporate venture capitalists (“CVCs”) took part in more than a fifth of all European VC deals in 2022. This is the highest annual percentage to date and partly due to the fact that the structure of CVCs potentially puts them in a more favorable position with regard to maintaining activity during downturns – budgets are often set before a market shift and they don’t have to rely on LPs, who naturally reconsider their commitments when public equity valuations fall.
You’ll find the analysis from Pitchbook here.
