Corporate venture arms
Venture arms of operating companies, such as technology, pharmaceutical, automotive, energy and financial companies, that invest in outside startups, often ones whose products fit the parent's business.
- All 66, by name and place. With what each one does, in its own words or the register’s.
- From the public record. From Websites of the corporate venture arms listed, linked to each entry’s source.
- Take it with you. Every capital source as CSV, and all of them searchable together in Capital Sources.
66 corporate venture arms on the record
The numbers
| Where | Sources |
|---|---|
| California | 9 |
| Germany | 1 |
| Japan | 1 |
| Netherlands | 1 |
| New York | 1 |
| Saudi Arabia | 1 |
| Switzerland | 1 |
| Virginia | 1 |
| Source | Location | On the record |
|---|---|---|
| Allianz X | — | Strategic investment arm of the Allianz Group; invests in mature digital companies in fields relevant to insurance and asset management. |
| American Family Ventures | — | Assets under management (over, as stated): $700M |
| Amex Ventures | — | Venture arm of American Express; invests in startups whose technology is strategically relevant to its card, payments and commerce business. |
| Aramco Ventures | Dhahran | Committed capital: $7.5B |
| Atlassian Ventures | — | Venture arm of Atlassian; invests in companies working on AI, cloud software and the way teams work, from seed to growth stage. |
| Bertelsmann Investments | — | Bertelsmann's global venture capital activities and its Bertelsmann Next growth unit; invests in companies and venture funds across stages. |
| Blue Venture Fund | — | Venture funds owned and capitalized by participating Blue Cross Blue Shield companies; invest in healthcare technology, services and clinical companies. |
| BMW i Ventures | CA | Assets under management (over, as stated): $1.1B |
| Boehringer Ingelheim Venture Fund | — | Evergreen fund of Boehringer Ingelheim, established in 2010; a seed and Series A investor in first-in-class therapeutics, mainly pre-clinical. |
| Bosch Ventures | Stuttgart | Robert Bosch Venture Capital, the venture arm of Bosch; invests in deep-tech companies worldwide, mainly at early stage. |
| Capital One Ventures | McLean | Strategic investor of Capital One; invests in startups in data, technology and financial services that relate to Capital One's business. |
| Cemex Ventures | — | Corporate venture capital and open innovation unit of Cemex; invests in, accelerates and partners with construction-industry startups worldwide. |
| Cisco Investments | — | Cisco's corporate venture group; invests in enterprise technology startups and in venture funds from offices in several countries. |
| Comcast Ventures | New York | Venture arm of Comcast; backs early to growth stage companies in data and AI, energy, future of work, health, property and sports technology. |
| Databricks Ventures | San Francisco | Venture arm of Databricks; takes minority positions in early- to growth-stage data, analytics and AI companies in rounds led by institutional investors. |
| Dell Technologies Capital | — | Venture investment team of Dell Technologies; leads early-stage rounds in enterprise technology companies in the U.S., Israel and Europe. |
| Echo Health Ventures | — | Strategic investing platform formed by a group of health plans; makes venture and growth equity investments in healthcare companies. |
| EDP Ventures | — | Venture capital arm of the energy company EDP; takes minority positions in early-stage energy technology startups, from seed to Series B. |
| ENGIE New Ventures | — | Corporate venture arm of the ENGIE Group, founded in 2014; invests in cleantech startups working on the energy transition. |
| Equinor Ventures | — | Equinor's corporate venture capital arm; makes minority equity investments in early-phase and growth energy companies. |
| GM Ventures | — | Venture arm of General Motors; invests in startups whose technology can be used in GM's vehicles, manufacturing plants and operating businesses. |
| GV | — | Assets under management (over, as stated): $13B |
| Henkel Ventures | — | Corporate venture capital arm of Henkel; invests in early-stage startups, up to Series B, with a focus on sustainability and digital technology. |
| Hitachi Ventures | — | Assets under management (over, as stated): $1B |
| HP Tech Ventures | — | Corporate venture arm of HP Inc., launched in 2016; typically invests at Series A and B and partners with startups at all stages. |
| HubSpot Ventures | — | Venture arm of HubSpot; invests globally from seed through Series B in software companies relevant to HubSpot's customers. |
| Intel Capital | — | Intel's corporate venture capital firm, founded in 1991; leads early-stage investments in AI and deep tech across cloud, devices, frontier and silicon. |
| JLL Spark | San Francisco | Venture arm of the real estate company JLL; invests in early-stage technology startups serving commercial real estate. |
| Johnson Controls Ventures | — | Corporate venture capital arm of Johnson Controls; invests in startups and venture funds and gives them access to the company's resources and customers. |
| Kaiser Permanente Ventures | Oakland | Strategic venture investor of Kaiser Permanente, founded more than 25 years ago; invests in healthcare companies. |
| Lam Capital | — | Venture arm of Lam Research; invests at all stages in companies in semiconductors, digital manufacturing and related industries. |
| LG Technology Ventures | — | Venture arm of the LG Group, founded in 2018 and based in Silicon Valley; invests in early- and growth-stage companies in AI, biotech and cleantech. |
| Lockheed Martin Ventures | — | Evergreen fund size: $1B |
| M Ventures | Amsterdam | Strategic corporate venture capital fund of Merck KGaA, Darmstadt, Germany; invests in biotechnology and technology companies. |
| M12 | — | Microsoft's venture capital fund; invests in seed through Series B technology companies selling to enterprises. |
| MassMutual Ventures | — | Multistage venture firm whose sole limited partner is MassMutual; invests in enterprise software, cybersecurity, fintech, digital health and climate technology. |
| McKesson Ventures | San Francisco | McKesson's venture fund; invests in venture and growth stage companies building software and services for healthcare and pharma. |
| MS&AD Ventures | Menlo Park | Corporate venture capital firm of MS&AD Insurance Group Holdings; invests mainly in early-stage companies in insurtech, fintech, health care and related fields. |
| Nasdaq Ventures | — | Nasdaq's venture investing program for financial services technology; typically leads or co-leads seed, Series A or Series B financings. |
| National Grid Partners | — | Corporate venture and innovation arm of the utility National Grid, launched in 2018; invests in energy and information technology startups. |
| Nationwide Ventures | — | Venture arm of Nationwide; invests in early-stage startups in insurance and financial services. |
| NGP Capital | — | Venture capital firm whose limited partner is Nokia; backs B2B technology companies from Series A onward. |
| Novartis Venture Fund | — | Committed capital (over, as stated): $750M |
| NTT DOCOMO Ventures | — | Corporate venture capital arm of the NTT Group; invests at all stages, mainly early and growth, in startups it can work with across the group. |
| NVentures | — | NVIDIA's venture capital arm; invests in companies advancing areas such as AI infrastructure and robotics. |
| Okta Ventures | — | Venture arm of Okta; co-invests alongside lead investors at all stages and does not lead rounds. |
| Optum Ventures | — | Assets under management (over, as stated): $2B |
| Porsche Ventures | — | Porsche's venture capital arm, active since 2016; an early-stage investor in industrial technology, energy transition and mobility. |
| Prosus Ventures | — | Early-stage venture investing arm of Prosus; invests in sectors next to ecommerce, such as food delivery, fintech and consumer services, and in AI startups. |
| Qualcomm Ventures | — | Qualcomm's venture arm, investing for more than 25 years; backs early to growth stage companies in AI, automotive, mobile, enterprise and smart systems. |
| Salesforce Ventures | San Francisco | Venture arm of Salesforce; invests from seed through growth stage in enterprise software companies, using an evergreen funding model. |
| Samsung Next | — | Corporate venture arm of Samsung Electronics; invests at all stages in AI, robotics, health, hardware, deep tech and software. |
| Sanofi Ventures | — | Corporate venture capital arm of Sanofi; invests globally in biotech and digital health companies from seed to Series B and beyond. |
| SE Ventures | — | Committed capital (over, as stated): $1B |
| Siemens Energy Ventures | — | Venture unit of Siemens Energy, founded in 2020; pilots technology with startups and invests in them across the energy and industrial sectors. |
| Sony Innovation Fund | — | Assets under management (over, as stated): $430M |
| Swisscom Ventures | Switzerland | Venture arm of Swisscom; invests in Swiss and international digital technology companies from seed to Series C. |
| TDK Ventures | San Jose | Assets under management: $500M |
| Toyota Ventures | Los Altos | Toyota's early-stage venture capital arm; invests in deep tech and climate tech, including AI, robotics, mobility, materials and energy. |
| Unilever Ventures | — | Venture capital and private equity arm of Unilever; invests in beauty and wellness brands, commerce and technology. |
| Verizon Ventures | — | Verizon's venture arm; a strategic investor in early-stage technologies that are three to five years from implementation. |
| Wayra | — | Telefónica's corporate venture capital and open innovation platform; invests in AI, connectivity and cybersecurity startups. |
| Workday Ventures | — | Workday's venture capital fund for enterprise technology companies, which it connects with Workday's customers, partners and employees. |
| Woven Capital | — | Fund size across two funds: $1.6B |
| Z Venture Capital | Tokyo | Venture capital arm of LY Corporation (LINE Yahoo); invests in startups and supports them with the group's resources. |
| Zebra Ventures | — | Corporate venture capital arm of Zebra Technologies; invests in early-stage companies that digitize and automate frontline business operations. |
Other sources of capital
Angel groups Venture debt lenders Revenue-based financing providers Sovereign wealth funds Venture studios Placement agents University venture funds Wealth platforms Corporate pension plans SBICs Union pension plans Pension master trusts Crowdfunding portals Community development lenders SBA lenders Federal R&D grant programs
About the data
Corporate venture arms. Venture arms of operating companies, such as technology, pharmaceutical, automotive, energy and financial companies, that invest in outside startups, often ones whose products fit the parent's business. Compiled by hand on 2026-10-11 from each organization's own website; no directory or ranking was copied. source_url is the page on the organization's site that was fetched that day and that the summary rests on. The summary is our own sentence. Facts repeat what the site says: the parent company, the stages it invests at, and a check size only where the site gives one. City, state and country are given only where the site states a single home; where it lists several offices they are in the facts instead. figure_usd is a fund size, committed capital or assets-under-management figure the organization states in US dollars on its site, with figure_label saying which; figures stated in other currencies are left in the facts unconverted, and amounts invested to date are facts, not figures. Nothing is estimated. Left out: arms whose pages could not be fetched, answered with a block page, or showed no sign of an update since 2024. As of October 11, 2026. Source: Websites of the corporate venture arms listed.
Organizations only: no individuals are listed. A listing is a public record, not a recommendation.
Data feed: every capital source as CSV.