Aranca：2026年第一季度企业风险投资（CVC）交易分析报告（英文版）（13页）.pdf

1、Corporate Venture Capital Deal AnalysisQ1 2026Quarterly Spotlight2026Quarterly Spotlight|Corporate Venture Capital Deal Analysis|Q1 20262Q1 2026 saw fewer deals but a massive surge in capital,driven by mega-rounds in AI and software platforms with North America accounting for 88%of total capital inv

2、estedExecutive SummarySource:Pitchbook,Desk Research,Aranca Analysis 1,236Deals Completed-18%YoY$220.2BCapital Invested+416%QoQ88%North AmericaCapital Share$194.2B across 380 deals80%Software SectorDominance$167.9B(incl.OpenAI)65%Later-RoundConcentration$142.2B in later rounds5.2xQoQ CapitalGrowthFr

3、om$42.6B in Q4 2025Largest DealOpenAI$122BKey HighlightsGV(Alphabet)most active CVC with 26 deals|AI&robotics dominated top deals|Round 1 funding down 16%YoYQuarterly Spotlight|Corporate Venture Capital Deal Analysis|Q1 20263Corporate venture capital(CVC)deal activity marginally declined in Q1 2026,

4、with 1,236 deals completed during the quarterFigures in UnitsNumber of Deals Completed by CVC FundsSource:Pitchbook,Desk Research,Aranca Analysis 1,8972,3501,6661,1711,5051,2361,9451,9651,4801,0691,3502,1471,7611,3871,4281,3032,1891,6621,4471,0551,272202120222023202420252026Q1Q2Q3Q48,1787,7384,7231,

5、2365,4305,980Quarterly Spotlight|Corporate Venture Capital Deal Analysis|Q1 2026454.866.232.226.236.168.053.125.732.771.987.332.328.930.046.472.830.223.849.742.6202120222023202420252026Q1Q2Q3Q4Capital invested by CVC firms in Q1 2026 rose by 416%compared with the previous quarter,driven by large inv

6、estments in AI and other technology platforms,including OpenAI138,436282,900138,600220,220201,198181,891Source:Pitchbook,Desk Research,Aranca Analysis Figures in$BillionCapital Invested by CVC Funds220.2Quarterly Spotlight|Corporate Venture Capital Deal Analysis|Q1 20265North American CVC funds acco