List of Corporate Venture Capital Funds

Raising from Corporate Venture Capital? Here’s What You Need to Know.

What is a corporate venture capital firm?

A corporate venture capital (CVC) firm is the investment arm of a larger company—think Google Ventures, Salesforce Ventures, or Intel Capital. Unlike traditional VC funds, CVCs invest off a corporate balance sheet, usually with a strategic interest tied to the parent company’s long-term goals.

They can still write big checks and back breakout startups.

But the motivation is often a mix of learning from startups in adjacent markets, strengthening the ecosystem around their core business, and gaining insight into emerging technologies or potential M\&A targets.

You don’t have to be looking for a late-stage deal. Many CVCs are active at the seed and Series A stages, especially in enterprise SaaS, AI, fintech, and deeptech.

What makes CVC firms different from traditional VCs?

While traditional VCs are purely financial investors, CVCs often invest for both strategic and financial return. That changes how they evaluate startups and how they behave post-investment.

Key differences:

• 📊 Decision-making: Can be slower due to corporate approvals
• 🧭 Thesis: Aligned with the parent company’s roadmap or vertical
• 🤝 Support: May offer commercial partnerships, distribution, or credibility
• 🚧 Downside: Priorities can shift fast if the corporate strategy changes

It’s not about better or worse—it’s about fit. Founders should evaluate CVC interest the same way VCs evaluate founder fit.

When should you raise from a corporate venture capital fund?

CVC can be a great fit if:

✅ You’re in a space where distribution, data, or validation from a big brand matters

✅ You’ve already got traction or strategic value that aligns with a corporate thesis

✅ You’re open to commercial partnerships or integration opportunities

But it’s usually not a great idea if:

❌You’re still figuring out your model and need flexible, founder-led support

❌ You think of a CVC as “just another check” (they’re not)

Raising from a corporate venture capital fund can be a smart move, just make sure the value goes both ways.

What are the risks of raising from corporate venture capital?

Founders love the signal, but overlook the tradeoffs. A few to watch:

• Signaling risk: Other VCs may worry about how closely you’re tied to a larger player
• Slow processes: Approvals can drag, especially at big orgs
• Shifting priorities: A change in corporate leadership can pause or kill venture programs
• Exit friction: Some CVCs may push toward acquisition, limiting optionality

You’ll find more on avoiding fundraising landmines in our post on designing a winning strategy.

Who are the largest corporate venture capital funds?

Below is a breakdown of some of the top corporate venture capital firms worldwide, most of which are actively investing in early and growth-stage deals.

🇺🇸 NORTH AMERICA

• Google Ventures – Alphabet’s venture arm with investments in Uber, Slack, Stripe
• Salesforce Ventures – B2B SaaS, AI, cloud
• Intel Capital – Hardware, AI, deeptech, security
• Comcast Ventures – Media, adtech, and consumer
• Amazon Alexa Fund – Smart devices, voice interfaces, IoT

🇪🇺 EUROPE

• SAP.iO – B2B SaaS, enterprise automation
• Schneider Electric Ventures – Energy, climate tech, IoT
• BMW i Ventures – Mobility, manufacturing, logistics
• Nokia Ventures – Telecom, infrastructure, 5G
• ABN AMRO Ventures – Fintech, digital banking

🌏 ASIA

• Samsung Ventures – Hardware, healthtech, AI
• Tencent Investment – Gaming, social, fintech
• SoftBank Ventures Asia – AI, robotics, deeptech
• LINE Ventures – Consumer, mobile, payments
• Toyota Ventures – Mobility, robotics, energy

🌎 SOUTH AMERICA

• Itaú Unibanco’s CVC Arm – Fintech, payments, credit
• Embratel Ventures – Telecom, infrastructure
• Movile Ventures (Brazil) – Consumer apps, marketplaces

🇦🇺 AUSTRALIA

• Telstra Ventures – Telecom, enterprise SaaS, infrastructure
• CSL Ventures – Biotech, life sciences
• Seek Investments – HR tech, marketplaces

How to pitch corporate venture capital firms

As previously mentioned, corporate venture capital funds invest with a strategic lens. They're evaluating how your startup complements their roadmap, unlocks new markets, or de-risks internal innovation efforts.

When reaching out to a CVC, make sure to:

• Position your startup as an enabler, not a competitor to the parent company
• Clarify the type of value you’re open to—whether it’s capital, commercial partnerships, or strategic distribution
• Prepare for a longer decision cycle, with more diligence around integration, data, and long-term positioning

How to find the right corporate venture capital funds on OpenVC

But how do you know which CVCs are best to reach out to?

Well, that’s where OpenVC comes in!

Most founders waste hours piecing together spreadsheets, cold-emailing stale contacts, or guessing who qualifies as a corporate investor. OpenVC changes that.

Here’s how you find the right corporate venture capital funds on OpenVC:

• 🔍 Search by tag: Use “Corporate VC” to instantly surface verified CVC profiles
• 🎯 Refine with filters: Stage, thesis, check size, HQ, industry, and more
• 📬 Reach out with confidence: Submit your deck directly to CVCs who opted into OpenVC deal flow

You’ll also see whether a fund prefers cold outreach, warm intros, or inbound discovery via our anonymized dealflow board so you always know the right way to approach.

And when you’re ready to go beyond discovery, OpenVC gives you the tools to:

1. Build your shortlist
2. Track every conversation in your CRM
3. Share AI-analyzed deck links with real-time engagement data
4. Follow up automatically (no manual chase-downs)

OpenVC is so much more than a corporate venture capital list. We are a modern stack for founders serious about raising from strategic investors.

Sign up for free today!