Company / division: GV
Google and Intel had the most active corporate VC firms last year – Recode (Feb 22, 2017)
Corporate venture capital in Silicon Valley is always fascinating: these are the things big companies choose to invest in indirectly rather than directly, which often leads to fairly complex relationships between some of these companies (notably Google’s relationship with Uber). My Beyond Devices Podcast co-host Aaron Miller did a great breakdown of this feature of the tech industry a while back – have a listen to this episode if you’re interested. It appears Google and Intel were the biggest investors in 2016, with some really sizable bets made by Google in particular during the year. I wish I could see more details from the report, but CB Insights pulls a bait and switch in which it first asks for just an email address and then follows up with a demand for a phone number and job function, so I’m not downloading it.
via Recode (CB Insights report here)