This week, Mach49, the Growth Builder for Global Businesses, will address venture investing leaders at the Global Corporate Venturing (GCV) Symposium in London. Mach49, which partners with Global 1000 corporations to drive growth through venture investing, strategic partnerships, and targeted M&A, will lead a keynote and panel discussions on how a multifaceted investment strategy builds a bridge between the corporate and startup worlds.
Managing Partner of Venture Investing at Mach49, Kevin Ye, will emphasize the pivotal role played by CVCs. “Corporate venture investing is a powerful way for corporations to have an outsized impact on global problems like climate change,” said Ye. “Every corporate dollar that’s invested well, aligns the incentives of the most influential entities that drive our industries, encouraging them to do the important work needed in the world: moving the needle on solving the world’s most pressing problems, including climate change, energy, education, disease, population health and water.”
Data from the GCV reveals that, while the overall venture capital landscape witnessed a staggering 25% decrease in deal activity in 2022, corporate-backed venture capital deals declined by just 2% in 2022 worldwide. In the UK, Germany and France, the number of deals shot up by 21% year over year, while a record number of new CVC units were established, with 101 units launched or expanded globally.
TDK Ventures has made the fastest ascent in corporate venture history and is breaking new ground by selecting London as the site of its first outpost in Europe. The company has earmarked an additional $150 million to their assets under management for early-stage startups building a sustainable future in energy transition.
Hines, one of the largest privately held real estate investors and managers in the world, will also be present at the GCV Symposium. Managing Director and Head of Global Venture Lab at Hines, Kathryn Scheckel, will discuss how the company is rethinking the boundaries of real estate around the world through innovative ventures, partnerships, and human-centric solutions.
This week, venture investing leaders from Mach49 will address the Global Corporate Venturing (GCV) Symposium in London on how a multifaceted investment strategy builds a bridge between the corporate and startup worlds. With corporate-backed venture capital deals declining by just 2% in 2022 worldwide, the event will feature successes such as TDK Ventures and Hines, who have earmarked funds and selected London as their first outpost in Europe, respectively. Kevin Ye of Mach49 will emphasize the role CVCs play in tackling the world’s biggest challenges.
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