Corporate venture powerhouse Intel Capital ploughed $300m into 124 deals in 2013


dollar 12_sqGlobal corporate venture giant Intel Capital has capped a “busy and productive” 2013 by revealing it invested $300m across 124 companies.

That figure is down slightly on the $352m it used to back 150 deals in 2012. Just over 50 of the 2013 deals were new investments, with the remaining 72 follow-on backing.

The corporate venture arm said it exited 28 businesses this year, six through IPO and 22 through M&A, including listing V-cube on the Tokyo Stock Exchange and Pando to Microsoft.

That activity saw Intel Capital ranked top in terms of corporate VC exits during the first nine months of the year by CB Insights, which also revealed the arm made the most exits in online security in 2013.

A statement from Intel Capital said, “Intel Capital will continue in 2014 to invest in new companies and innovative technologies worldwide and will continue our commitment to help entrepreneurs succeed, whether it’s through business development assistance or harnessing the power of Intel Capital’s brand equity or leveraging Intel’s global partnership knowledge and technology expertise.

“Since 1991, Intel Capital has invested more than $11bn in more than 1,300 companies in 54 countries, leading to more than 200 IPOs and 320 M&As.

“We look forward to building on this track record of success next year, and beyond.”

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