# Corporate VCs (2026 list) > 5,452 corporate VCs, 8% active in the last 12 months. Led by Wayra, Intel Capital, Google Ventures. Ranked by what they funded. Source: https://millionrounds.com/lists/corporate-vcs (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Corporate VCs Updated 31 October 2026 Corporate VCs, ordered by what we have observed them do. Type is read from the firm's own website wherever we could reach it. [See all 5,452 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fcorporate-vcs)The top 25 **5,452** investors on the list *+1* this week **1,975** cheques in 12 months *+11%* against the market **$16M** median round they joined *+98%* against the market median **8%** wrote a cheque in 12 months **5%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (25) - 1 [Wayra](https://millionrounds.com/fund/wayra) *Deploying now* Corporate VC · Germany **1,160** **$2M** median round **Sept 2026** last seen - 2 [Intel Capital](https://millionrounds.com/fund/intel-capital) *Deploying now* Corporate VC · United States **1,123** **$22M** median round **Oct 2026** last seen - 3 [Google Ventures](https://millionrounds.com/fund/gv) *Deploying now* Corporate VC · United States **884** **$38M** median round **Oct 2026** last seen - 4 [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) *Deploying now* Corporate VC · United States **648** **$26M** median round **Oct 2026** last seen - 5 [Coinbase Ventures](https://millionrounds.com/fund/coinbase) *Deploying now* Corporate VC · United States **464** **$9.8M** median round **Oct 2026** last seen - 6 [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) *Deploying now* Corporate VC · United States **319** **$30M** median round **Oct 2026** last seen - 7 [Samsung Next](https://millionrounds.com/fund/samsung-next) *Deploying now* Corporate VC · United States **310** **$15M** median round **Oct 2026** last seen - 8 [M12](https://millionrounds.com/fund/m12) *Deploying now* Corporate VC · United States **300** **$30M** median round **Oct 2026** last seen - 9 [Qualcomm Ventures](https://millionrounds.com/fund/qualcomm-ventures) *Deploying now* Corporate VC · United States **228** **$20M** median round **Oct 2026** last seen - 10 [Z Venture Capital](https://millionrounds.com/fund/z-venture-capital) *Deploying now* Corporate VC · Japan **200** **$10M** median round **Oct 2026** last seen - 11 [Comcast Ventures](https://millionrounds.com/fund/comcast-ventures) *Deploying now* Corporate VC · United States **199** **$25M** median round **Oct 2026** last seen - 12 [Qualcomm](https://millionrounds.com/fund/qualcomm) *Deploying now* Corporate VC · United States **161** **$49M** median round **Aug 2026** last seen - 13 [Cisco](https://millionrounds.com/fund/cisco) *Deploying now* Corporate VC · United States **158** **$35M** median round **Sept 2026** last seen - 14 [SoftBank BB Corp](https://millionrounds.com/fund/softbank) *Deploying now* Corporate VC · Japan **156** **$150M** median round **Aug 2026** last seen - 15 [Novartis Venture Fund](https://millionrounds.com/fund/novartis-venture-fund) *Deploying now* Corporate VC · Switzerland **153** **$52M** median round **Jul 2026** last seen - 16 [Deutsche Bank](https://millionrounds.com/fund/deutsche-bank) *Deploying now* Corporate VC · Germany **143** **$175M** median round **Oct 2026** last seen - 17 [M Ventures](https://millionrounds.com/fund/m-ventures) *Deploying now* Corporate VC · Switzerland **143** **$15M** median round **Sept 2026** last seen - 18 [Advantage Capital](https://millionrounds.com/fund/advantage-capital) *Deploying now* Corporate VC · United States **142** **$4.1M** median round **Sept 2026** last seen - 19 [Sony Innovation Fund](https://millionrounds.com/fund/sony-innovation-fund) *Deploying now* Corporate VC · Japan **142** **$10M** median round **Sept 2026** last seen - 20 [Siemens](https://millionrounds.com/fund/siemens) *Deploying now* Corporate VC · Germany **140** **$135M** median round **Oct 2026** last seen - 21 [SR One](https://millionrounds.com/fund/sr-one) *Deploying now* Corporate VC · United States **139** **$66M** median round **Oct 2026** last seen - 22 [Eli Lilly](https://millionrounds.com/fund/eli-lilly) *Deploying now* Corporate VC · United States **135** **$51M** median round **Sept 2026** last seen - 23 [Barclays Ventures](https://millionrounds.com/fund/barclays-ventures) *Deploying now* Corporate VC · United Kingdom **128** **$23M** median round **Oct 2026** last seen - 24 [Cisco Investments](https://millionrounds.com/fund/cisco-investments) *Deploying now* Corporate VC · United States **128** **$30M** median round **Oct 2026** last seen - 25 [Visa](https://millionrounds.com/fund/visa) *Deploying now* Corporate VC · United States **123** **$7.5M** median round **Oct 2026** last seen **5,427 more on this list** Login free to see all 5,452, filter by stage, sector and market, and keep the ones that fit. [See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fcorporate-vcs) ## The Newest Cheques Rounds this list's investors joined most recently - **31** Oct **[Finfra](https://millionrounds.com/company/finfra)** Series A *Led by* [ADB Ventures](https://millionrounds.com/fund/adb-ventures) - **30** Oct **[Bloquo](https://millionrounds.com/company/bloquo)** Seed *Led by* [Triaxis Capital](https://millionrounds.com/fund/triaxis-capital) - **30** Oct **[Agility Robotics](https://millionrounds.com/company/agility-robotics)** Other · $465M *With* [Schaeffler Group](https://millionrounds.com/fund/schaeffler-group) - **30** Oct **[Neoen](https://millionrounds.com/company/neoen)** Debt · $1.8B *With* [ANZ](https://millionrounds.com/fund/anz) - **30** Oct **[Wabi](https://millionrounds.com/company/wabi)** Other · $55M *With* [Amazon Alexa Fund](https://millionrounds.com/fund/amazon-alexa-fund) - **29** Oct **[Dren Bio](https://millionrounds.com/company/dren-bio)** Other · $350M *With* [SR One](https://millionrounds.com/fund/sr-one) ## Stages This Year 1,601 rounds - Series A **18%** - Venture **15%** - Seed **14%** - Series B **13%** - Debt **9%** - Other **31%** ## What They Backed Sectors, last 12 months - AI **597** - Fintech **159** - Biotech **119** - Energy **114** - Healthcare **96** - Big Data & Analytics **95** ## Cheques by Quarter Led Joined 430 Q1 25 426 Q2 25 457 Q3 25 526 Q4 25 548 Q1 26 477 Q2 26 440 Q3 26 190 Q4 26 The last bar is the quarter still running. ## Lists Like This - [VC firms 63,606](https://millionrounds.com/lists/vc-firms) - [PE firms 29,207](https://millionrounds.com/lists/pe-firms) - [Solo angels 6,513](https://millionrounds.com/lists/solo-angels) - [Family offices 6,262](https://millionrounds.com/lists/family-offices) - [Growth equity firms 3,793](https://millionrounds.com/lists/growth-equity-firms) - [Incubators and accelerators 3,524](https://millionrounds.com/lists/incubators-accelerators) - [Institutional LPs 2,743](https://millionrounds.com/lists/institutional-lps) - [Startup studios 2,384](https://millionrounds.com/lists/startup-studios) - [Angel groups 1,972](https://millionrounds.com/lists/angel-groups) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about corporate VCs ### Who are the most active corporate VCs? By cheques observed, the most active are Wayra, Intel Capital, Google Ventures, Salesforce Ventures and Coinbase Ventures. ### How many corporate VCs are there? 5,452 are on record. 8% made an investment in the last 12 months and 5% have led a round. ### Which stages do corporate VCs back? Of the rounds with a named stage in the last 12 months, mostly Series A (25%) and Seed (19%). ### How big are the rounds corporate VCs join? The typical (median) round among the leading investors here is $26M. ### Which sectors do corporate VCs back most? In the last 12 months, mostly AI, Fintech and Biotech. ### Which corporate VCs lead the most rounds? Google Ventures (33 led), SoftBank BB Corp (23 led) and Intel Capital (19 led). ### Where are corporate VCs based? Among the most active, most are based in the United States (16), Germany (3) and Japan (3). ### What have corporate VCs invested in recently? Recent rounds include Finfra (Series A, Oct 2026, with ADB Ventures), Bloquo (Seed, Oct 2026, with Triaxis Capital) and Agility Robotics (Other, Oct 2026, with Schaeffler Group). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)