Corporate venture capitalists invested $1.3 billion nationally during the first half of 2007, up 30 percent from the same period the year before, according to a report to be released today.
Corporate investments were a part of 21.4 percent of all venture deals during the first six months of the year, while their contributions represented 9.2 percent of total venture money invested.
It was the highest percentage of corporate venture deals and dollars since 2001, according to the MoneyTree Report produced by PricewaterhouseCoopers and the National Venture Capital Association based on data from Thomson Financial.
The software, biotechnology and medical devices and equipment sectors received most of the corporate funding, which tended to be spent mostly in expansion and later-stage rounds funding established start-ups.
