GCV Analytics tracked 3,232 deals worth an estimated $134bn of total capital raised throughout 2019. While the deal count registered a notable 13% increase on a year-on-year basis versus the 2,861 transactions reported in 2018, the total value of corporate-backed VC rounds decreased by 20% to $134bn, down from an estimated $168bn in the previous year.
New companies from five sectors raised the largest number of corporate-backed rounds last year – IT with 634 deals, health with 545, financial services with 472, business services with 464, consumer with 296 and media with 275.
To learn more about the top deals of last year and the wider trends, make sure to get our upcoming World of Corporate Venturing 2020 report or sign up for our upcoming GCV Innovation Summit in Monterey California (January 29-30th) and pick up your paper copy there.