The three key innovation tools in terms of impact and speed are driving the new normal, according to COVID-19
Munich, Germany, March 22, 2022 – Stryber, one of the leading independent corporate venture builders in Europe, today published the Annual Corporate Venturing Report – Europe. The report focuses on corporate venture capital (CVC), mergers and acquisitions (M&A) and corporate venture building (CVB). “COVID-19 has shown why diversification and the development of new business models are urgently needed and has proven to be an accelerator for digital transformation, a decade of digital transformation in two years,” said Alex Mahr, co-founder of Stryber. “Our new normal is that shareholders are actively pushing for new growth and new business models – alongside CVC, especially M&A or venture building – the two most important innovation vehicles in terms of impact and speed.”
The most important report results (excerpt)
Corporate Venture Capital (CVC)
- According to Stryber, the CVC funding volume has been growing continuously in recent years. Funding rounds and transaction volumes have increased significantly in 2021 compared to the previous year, while the total number of CVC deals is shrinking, indicating larger average deal sizes.
- The UK tops the top 10 European countries for largest CVC deal volume as well as highest number of deals. The prominent positions of Sweden and the Netherlands at the top of the list can be illustrated by major funding rounds such as Visa’s investment in Swedish buy-now pay-later company Klarna or the $800 million Series C funding round for the explain Dutch Messagebird.
- Stryber expects 2022 to be another record year for European corporate venture capital activity, but if interest rates rise as expected, companies will likely be less receptive to risky investments.
- The hype surrounding Quick Commerce (Q-Commerce) over the past year has not gone unnoticed, with German startup Gorillas and its competitor Flink, for example, raising skyrocketing amounts of funding – Quick Commerce has notably benefited from the Covid19 restrictions that have impacted consumer demand for instant Groceries have increased delivery all over the world.
- After a slowdown in M&A activity due to the pandemic, the European M&A market has rebounded strongly in 2021. M&A deal volume grew about 100% year over year, mostly in the B2C, energy, healthcare, and materials and resources sectors.
- France tops the list compared to other European countries with the highest corporate exits of $144 billion, followed by the UK and Germany. The UK made the most deals with 1,418 exits, more than double the average deal size in the top 10 countries.
- Overall, CVB activity in Europe remained at a stable level in 2021, with 15 new ventures announced in 2021.
- Germany and France operate the most CVBs in Europe with 65 and 40 units respectively, followed by Great Britain and Switzerland. There are clear signals that things will change significantly in the future. Many companies are also turning away from accelerators and paying more attention to building corporate ventures as a method to achieve their innovation goal.
- The transition to a carbon-neutral society is seen by companies as both an urgent challenge and an opportunity to create a better future for all. The Stryber Report finds that sustainable business models accompanying this shift are attracting growing interest from investors.
Download report: https://www.datocms-assets.com/42975/1647878797-stryber-annual-corporate-venturing-report-march2022.pdf
About the data collection
CVB: Data collection through manual and secondary research from companies across the industry in Europe to identify corporate venture building activities.
CVC: Database based on Crunchbase database.
M&A: Database based on Pitchbook database.
Founded in 2016 by Jan Sedlacek and Alexander Mahr, Stryber is one of the leading independent corporate venture builders in Europe. The internationally expanding company combines approaches from the venture capital and start-up world and makes medium-sized companies and groups fit for the future by developing new business areas. While traditional companies invest years in the initiation of new business models and take high risks, the Stryber teams in Zurich, Munich, London, Kyiv, Valencia and Abu Dhabi, with a team of now around 100 employees, build up young companies in just one year to a few months and help scale them further afterwards. Stryber’s customers include well-known players from a wide variety of industries such as banking, insurance, retail, medicine, pharmaceuticals and real estate, including Steiff, Drees & Sommer, Migros, Stöckli and many more. Stryber regularly publishes exclusive publications with comprehensive CVB data for Europe. www.stryber.com
– Image is available from AP Images (http://www.apimages.com) –
Petra Rulsch PR / Strategic Communication +
Mobile: +49 160 944 944 23
Email: [email protected]