# Corporate VCs backing Retail (2026 list) > 22 corporate VCs backing Retail, 95% active in the last 12 months. Led by Endeavor Catalyst, Samsung Next, Z Venture Capital. Ranked by what they funded. Source: https://millionrounds.com/lists/corporate-vcs-retail (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Corporate VCs backing Retail Updated 7 November 2026 Corporate VCs we have observed in a retail round in the last two years. [See all 22 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fcorporate-vcs-retail)The top 22 **22** investors on the list *+2* this week **359** cheques in 12 months *-12%* against the market **$24M** median round they joined *+205%* against the market median **95%** wrote a cheque in 12 months **41%** have led a round ## The Top 22 Ordered by cheques observed, never by anything anyone paid for Deploying now (21) - 1 [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) *Deploying now* Corporate VC · United States **318** **$30M** median round **Oct 2026** last seen - 2 [Samsung Next](https://millionrounds.com/fund/samsung-next) *Deploying now* Corporate VC · United States **311** **$15M** median round **Nov 2026** last seen - 3 [Z Venture Capital](https://millionrounds.com/fund/z-venture-capital) *Deploying now* Corporate VC · Japan **200** **$10M** median round **Oct 2026** last seen - 4 [Comcast Ventures](https://millionrounds.com/fund/comcast-ventures) *Deploying now* Corporate VC · United States **199** **$25M** median round **Oct 2026** last seen - 5 [M Ventures](https://millionrounds.com/fund/m-ventures) *Deploying now* Corporate VC · Switzerland **143** **$15M** median round **Sept 2026** last seen - 6 [Advantage Capital](https://millionrounds.com/fund/advantage-capital) *Deploying now* Corporate VC · United States **142** **$4.1M** median round **Sept 2026** last seen - 7 [SE Ventures](https://millionrounds.com/fund/se-ventures) *Deploying now* Corporate VC · United States **112** **$16M** median round **Oct 2026** last seen - 8 [Wells Fargo](https://millionrounds.com/fund/wells-fargo-bank-office) *Deploying now* Corporate VC · United States **107** **$39M** median round **Sept 2026** last seen - 9 [Endeavor](https://millionrounds.com/fund/endeavor) *Deploying now* Corporate VC · United States **106** **$25M** median round **Sept 2026** last seen - 10 [MasterCard](https://millionrounds.com/fund/mastercard) *Deploying now* Corporate VC · United States **101** **$3.9M** median round **Nov 2026** last seen - 11 [TDK Ventures](https://millionrounds.com/fund/tdk-ventures) *Deploying now* Corporate VC · United States **56** **$27M** median round **Sept 2026** last seen - 12 [ABN AMRO Fund](https://millionrounds.com/fund/abn-amro-clearing) *Deploying now* Corporate VC · Netherlands **54** **$185M** median round **Nov 2026** last seen - 13 [CapitalG](https://millionrounds.com/fund/capitalg) *Deploying now* Corporate VC · Canada **51** **$213M** median round **Oct 2026** last seen - 14 [PayPal Ventures](https://millionrounds.com/fund/paypal-ventures) *Deploying now* Corporate VC · United States **34** **$24M** median round **Mar 2026** last seen - 15 [Finberg](https://millionrounds.com/fund/finberg) *Deploying now* Corporate VC · Türkiye **22** **$3M** median round **Apr 2026** last seen - 16 [ORIX USA Corporation](https://millionrounds.com/fund/orix-corporation-usa) *Deploying now* Corporate VC · United States **17** **$52M** median round **Oct 2026** last seen - 17 [Aglaé Ventures](https://millionrounds.com/fund/aglae-ventures-aglae-ventures-by-groupe-arnault) *Deploying now* Corporate VC · France **12** **$67M** median round **Oct 2026** last seen - 18 [Bright Pixel](https://millionrounds.com/fund/bright-pixel-capital) *Deploying now* Corporate VC · Portugal **10** **$19M** median round **Sept 2026** last seen - 19 [Flipkart](https://millionrounds.com/fund/flipkart-ventures) *Deploying now* Corporate VC · India **9** **$66M** median round **Oct 2026** last seen - 20 [GHARAGE Ventures](https://millionrounds.com/fund/gharage-ventures) quiet Corporate VC · Singapore **2** **$4.8M** median round **Apr 2025** last seen - 21 [Red Bull Ventures](https://millionrounds.com/fund/red-bull-ventures) *Deploying now* Corporate VC **2** **$52M** median round **Aug 2026** last seen - 22 [KURONEKO Innovation Fund](https://millionrounds.com/fund/kuroneko-innovation-fund-2) *Deploying now* Corporate VC **1** **$3.2M** median round **Oct 2026** last seen ## The Newest Cheques Rounds this list's investors joined most recently - **5** Nov **[Pure Data Centres Group](https://millionrounds.com/company/pure-data-centres-group)** Debt · $1.9B *With* [ABN AMRO Fund](https://millionrounds.com/fund/abn-amro-clearing) - **5** Nov **[firmly](https://millionrounds.com/company/firmly)** Series A · $15M *With* [Samsung Next](https://millionrounds.com/fund/samsung-next) - **29** Oct **[Solink](https://millionrounds.com/company/solink)** Growth · $100M *With* [Comcast Ventures](https://millionrounds.com/fund/comcast-ventures) - **28** Oct **[Foundry Robotics](https://millionrounds.com/company/foundry-robotics)** Series A · $100M *With* [SE Ventures](https://millionrounds.com/fund/se-ventures) - **27** Oct **[General Compute](https://millionrounds.com/company/general-compute)** Series A · $100M *With* [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) - **27** Oct **[Bedrock Robotics](https://millionrounds.com/company/bedrock-robotics)** Series C · $600M *Led by* [CapitalG](https://millionrounds.com/fund/capitalg) ## Stages This Year 338 rounds - Series A **24%** - Seed **14%** - Series B **13%** - Venture **10%** - Debt **10%** - Other **30%** ## What They Backed Sectors, last 12 months - AI **147** - Fintech **51** - Big Data & Analytics **30** - Robotics **22** - Construction **21** - Financial Services **20** ## Cheques by Quarter Led Joined 108 Q1 25 92 Q2 25 112 Q3 25 117 Q4 25 117 Q1 26 100 Q2 26 82 Q3 26 22 Q4 26 The last bar is the quarter still running. ## Lists Like This - [VC firms backing AI 4,329](https://millionrounds.com/lists/vc-firms-ai) - [VC firms backing Fintech 1,856](https://millionrounds.com/lists/vc-firms-fintech) - [VC firms backing Big Data & Analytics 1,248](https://millionrounds.com/lists/vc-firms-big-data) - [VC firms backing Biotech 1,207](https://millionrounds.com/lists/vc-firms-biotech) - [VC firms backing Robotics 1,098](https://millionrounds.com/lists/vc-firms-robotics) - [VC firms backing Construction 1,025](https://millionrounds.com/lists/vc-firms-construction) - [VC firms backing Energy 998](https://millionrounds.com/lists/vc-firms-energy) - [PE firms backing AI 956](https://millionrounds.com/lists/pe-firms-ai) - [VC firms backing Cybersecurity 950](https://millionrounds.com/lists/vc-firms-cybersecurity) [All investor lists *→*](https://millionrounds.com/lists) ## Reading for founders in retail and fashion - Lovemarks The Future Beyond Brands Kevin Roberts · 2004 3.86 from 1,497 ratings on Goodreads Retail and fashion Company building About the book "Ideas move mountains, especially in turbulent times. Lovemarks is the product of the fertile-iconoclast mind of Kevin Roberts, CEO Worldwide of Saatchi & Saatchi. Roberts argues vociferously, and with a ton of data to support him, that traditional branding practices have become… On AmazonListen on Audible - Fashion entrepreneurship Michele Granger, Tina Sterling · 2002 On 15 reading lists at Open Library Retail and fashion Company building On AmazonListen on AudibleOn Open Library - Retail Gangster: The Insane, Real-Life Story of Crazy Eddie Gary Weiss · 2022 3.90 from 1,120 ratings on Goodreads Retail and fashion Company building About the book A biography of the spectacular rise and fall of Eddie Antar, better known as "Crazy Eddie," whose home electronics empire changed the world even as it turned out to be one of the biggest business scams of all timeBack in the fall of 2016 we heard the news about the passing of… On AmazonListen on Audible - The Everything Store: Jeff Bezos and the Age of Amazon Brad Stone · 2013 4.13 from 78,706 ratings on Goodreads Retail and fashion Company building About the book The definitive story of Amazon.com, one of the most successful companies in the world, and of its driven, brilliant founder, Jeff Bezos. Amazon.com started off delivering books through the mail. But its visionary founder, Jeff Bezos, wasn't content with being a bookseller. He… On AmazonListen on Audible More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&industry=retail). As an Amazon Associate we earn from qualifying purchases. ## Quick answers about corporate VCs backing Retail ### Who are the most active corporate VCs backing Retail? By cheques observed, the most active are Endeavor Catalyst, Samsung Next, Z Venture Capital, Comcast Ventures and M Ventures. ### How many corporate VCs backing Retail are there? 22 are on record. 95% made an investment in the last 12 months and 41% have led a round. ### Which stages do corporate VCs backing Retail back? Of the rounds with a named stage in the last 12 months, mostly Series A (29%) and Seed (17%). ### How big are the rounds corporate VCs backing Retail join? The typical (median) round among the leading investors here is $25M. ### Which sectors do corporate VCs backing Retail back most? In the last 12 months, mostly AI, Fintech and Big Data & Analytics. ### Which corporate VCs backing Retail lead the most rounds? CapitalG (20 led), PayPal Ventures (9 led) and Comcast Ventures (8 led). ### Where are corporate VCs backing Retail based? Among the most active, most are based in the United States (11), Japan (1) and Switzerland (1). ### What have corporate VCs backing Retail invested in recently? Recent rounds include Pure Data Centres Group (Debt, Nov 2026, with ABN AMRO Fund), firmly (Series A, Nov 2026, with Samsung Next) and Solink (Growth, Oct 2026, with Comcast Ventures). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)