Corporate Venture Capital (CVC)
定义
Corporate venture capital is startup investing done by large companies, either from the balance sheet or through a dedicated fund, combining financial returns with strategic goals.
它在融资中如何出现
CVCs like established tech and industrial companies’ venture arms often join rounds where the startup fits their strategic roadmap, sometimes adding commercial partnerships.
常见问题
What are the risks of taking CVC money?
Potential signaling to the corporate’s competitors, slower processes, and strategic terms like rights of first refusal that can complicate an exit.
When is CVC a good choice?
When the corporate is a natural customer, distribution channel, or acquirer, and invests on clean terms without exclusivity.