Corporate Venture Capital Firms in North America

Accenture Ventures is the corporate venture capital arm of Accenture plc, a global professional services company. Established in 2015, the firm focuses on making strategic investments in early- and growth-stage technology companies. Its primary objective is to identify and partner with startups developing innovative enterprise and industry-focused technologies, integrating their capabilities into Accenture's extensive services and client solutions. This approach emphasizes strategic impact and accelerating product-market fit for its portfolio companies, leveraging Accenture's vast global client base and deep industry expertise.The firm's investment thesis centers on technologies that drive digital transformation and enhance enterprise capabilities. Key areas of focus include artificial intelligence (AI), cloud computing, cybersecurity, blockchain, data and analytics, and digital engineering. Accenture Ventures actively seeks out companies that can provide vertical AI solutions tailored to specific sectors such as financial services, healthcare, manufacturing, retail, and the public sector. They also explore emerging trends like physical AI and robotics, aiming to bridge the gap between groundbreaking ideas and scalable enterprise solutions.Accenture Ventures manages a $250 million fund and has made over 70 active venture investments. Notable portfolio companies include Replit, a platform for developing and deploying applications with AI; Sanctuary AI, a developer of AI-powered general-purpose robots; Open Cosmos, an operator of space missions providing satellite data; and Pixxel, which offers hyperspectral imaging satellites. The firm typically invests in Series A and Series B rounds, supporting startups through various stages of growth.The team at Accenture Ventures includes experienced professionals such as Tom Lounibos, Avnish Sabharwal, and Joe Lui. They bring a wealth of knowledge in technology and venture capital, working closely with portfolio companies to provide not just capital, but also strategic guidance, market access to Fortune Global 500 clients, and opportunities for co-innovation. The firm's global mandate allows it to invest across continents, emphasizing execution and local market understanding to support diverse innovation hubs.

Adobe Ventures is the corporate venture capital arm of Adobe Inc., founded in 1994 and headquartered in San Jose, California. The firm focuses on investing in emerging technology companies that align strategically with Adobe's core business areas, including creativity, marketing, and artificial intelligence. It seeks both financial and strategic returns by supporting exceptional founders and teams shaping the future of personalized digital experiences.Adobe Ventures invests across seed, early-stage, and late-stage venture rounds, primarily targeting companies that develop innovative software, internet technologies, enterprise software, video platforms, and AI-powered solutions. The firm's portfolio includes companies engaged in technologies such as image generation through diffusion technology, enterprise AI video solutions, spatial intelligence, and AI-powered work platforms.The firm also cultivates close partnerships with its portfolio companies, offering capital, strategic partnerships, access to Adobe’s global ecosystem, advisory support, and invitations to significant Adobe events such as Adobe MAX and Adobe Summit. Over the next several years, Adobe Ventures plans to invest approximately $100 million in companies leveraging Adobe platform technologies, particularly those building applications on Adobe Integrated Runtime (AIR). Adobe Ventures is recognized for its deep strategic investing history and commitment to accelerating category-defining companies in the digital experience space.

AMD Ventures is the corporate venture capital arm of Advanced Micro Devices (AMD), headquartered in Santa Clara, California. As a global, multi‑stage investor, it partners with startups aligned to AMD’s vision of pervasive AI, next‑generation data‑center technologies, GPU/cloud infrastructure, silicon photonics, and emerging compute architectures. With AMD’s technical expertise, marketing reach, and ecosystem support, it aims to accelerate innovation across hardware and software domains. The fund invests in startups across horizontal and vertical AI platforms spanning life sciences, financial services, gaming, data center infrastructure, and core chip technologies including cooling and advanced packaging. Notable investments include Ayar Labs, Liquid AI, TensorWave, Cohere, Hugging Face, Luma AI, Celestial AI, Seekr, xAI, Vultr, and more—demonstrating strong activity especially throughout 2025. By selecting AMD Ventures, portfolio companies gain access to AMD’s deep technical talent pool, participation in marketing and PR programs, collaboration with ecosystem partners, and a long‑term commitment from a strategic corporate investor who “thinks in years, not months.

Amgen Ventures is the corporate venture capital arm of Amgen Inc., a global biotechnology leader dedicated to discovering, developing, and delivering innovative human therapeutics. Founded to support and collaborate with emerging companies in the life sciences space, Amgen Ventures focuses on early-stage investments that align with Amgen’s scientific and strategic priorities. The firm invests in startups that are pioneering novel therapies, platform technologies, and digital health solutions, with a strong emphasis on therapeutic areas such as oncology, inflammation, neuroscience, and cardiovascular diseases. Amgen Ventures brings more than funding—it offers strategic support, access to Amgen’s extensive scientific resources, and potential for long-term partnership opportunities. With a portfolio of promising biotech companies across North America and beyond, Amgen Ventures plays a critical role in fostering external innovation. The team operates with a collaborative mindset, helping startups advance their science while complementing Amgen’s mission to serve patients with serious illnesses.

Booz Allen Ventures is the corporate venture capital arm of Booz Allen Hamilton, a prominent management and technology consulting firm. The firm focuses on investing in early-stage technology companies that are developing advanced solutions in areas critical to national security and government missions. Their investment strategy emphasizes technologies with dual-use potential, serving both commercial and defense sectors. Booz Allen Ventures aims to bridge the gap between innovative startups and the federal market, leveraging the parent company's extensive expertise, relationships, and scale to help portfolio companies succeed.Booz Allen Ventures was founded in 2022 with an initial commitment of $100 million. This commitment was later tripled to $300 million in July 2025, demonstrating a significant expansion of their investment activities. The firm was established to accelerate the development and deployment of commercial technologies that can support federal agency customers' missions. They actively scout for leading-edge, early-stage companies across various technological domains, with a particular interest in those that contribute to the reindustrialization of America.The firm has made numerous investments in companies such as NODA AI, Quindar, Firestorm Labs, Corsha, Hidden Level, Second Front, Shift5, Albedo, ConductorAI, Reveal Technology, Synthetaic, Latent AI, Credo AI, and Scout AI. These portfolio companies are developing advanced platforms in artificial intelligence, cybersecurity, deep tech, defense technology, autonomy, space, and quantum computing. Booz Allen Ventures typically participates in investment rounds led by institutional VCs or other strategic investors, rather than leading rounds themselves. They provide support beyond funding, including executive sponsorship, federal market access, marketing and visibility, co-development opportunities, and compliance support.The team at Booz Allen Ventures comprises experienced investors and tech scouts who actively monitor the technology landscape. They leverage Booz Allen Hamilton's vast network of 20,000 technologists, including cybersecurity specialists, software engineers, and AI innovators, to provide strategic guidance and identify growth opportunities for their portfolio companies. Brian MacCarthy serves as the Managing Partner of Booz Allen Ventures. The firm's deep domain knowledge in government and defense sectors allows them to identify and vet emerging technologies that are best positioned to advance the nation's security and competitive advantage.

Cisco Investments is the global corporate venture investment arm of Cisco Systems, established in 1993. With a strategic focus on innovation, Cisco Investments actively partners with startups and venture funds to identify and support emerging technologies that shape the future of enterprise IT, networking, and beyond. The organization invests hundreds of millions of dollars annually, maintaining a portfolio of over 100 active companies and more than 50 venture fund investments.The investment mandate spans both Cisco’s core markets and nascent industry segments, including AI, security, networking, sustainability, silicon & optics, cloud computing, and more. Cisco Investments is known for its unique approach, prioritizing strategic alignment and long-term value creation over purely financial returns. The team works closely with portfolio companies, offering access to Cisco’s global salesforce, technical expertise, and thought leadership to accelerate growth and market impact.Cisco Investments operates with a global footprint, maintaining offices in key technology hubs across North America, Asia, Europe, and the Middle East. Its approach extends beyond traditional venture capital, combining direct investments, fund partnerships, and strategic M&A to foster a collaborative ecosystem for innovation. Its recent launch of a $1 billion AI investment fund underscores its commitment to advancing secure, reliable, and trustworthy AI solutions worldwide.

Coinbase Ventures is the venture capital arm of Coinbase, established to support and invest in early-stage cryptocurrency and blockchain startups. Its mission is to advance the open financial system by backing founders who share Coinbase’s vision of creating more economic freedom for the world. The team partners with innovative teams at the forefront of crypto and Web3, providing capital, strategic guidance, and access to Coinbase’s ecosystem. The portfolio of Coinbase Ventures includes leading projects across various blockchain sectors, such as Layer 2 scaling solutions (Arbitrum, Optimism, Starkware), decentralized exchanges (Uniswap), NFT marketplaces (OpenSea, Magic Eden), blockchain analytics (Dune, Etherscan), and emerging Web3 social and data protocols (Farcaster, Zora, Vana). The firm is also actively involved in shaping the future of crypto infrastructure, including stablecoin payments, restaking, and AI-powered blockchain tools. Coinbase Ventures operates as a remote-first organization and is led by experienced professionals in venture capital and corporate development, maintaining a strong focus on supporting the global crypto ecosystem through strategic investments, thought leadership, and ecosystem-building initiatives.

Constellation Technology Ventures (CTV) is the corporate venture capital arm of Constellation, a leading producer of clean, carbon-free energy and a major supplier of energy products and services across the continental United States. The firm's core mission is to champion innovation that accelerates the transition towards cleaner and more sustainable energy solutions. CTV strategically invests in venture-stage energy technology companies that can offer new solutions to Constellation and its diverse customer base, which includes three-fourths of Fortune 100 companies.The firm focuses its investments on large, addressable, and interconnected markets within the energy sector. Key areas of target investment include Power and Renewables, encompassing both hardware and software technologies across the power sector. They also target Electrification EV, supporting technologies that enable the shift to net-zero emissions through the adoption of electric pathways in commercial, industrial, and residential segments. Additionally, CTV invests in Emissions Management, covering solutions for emissions removal, monitoring, verification, and attribute tracking and trading, as well as Digital Strategies that address various digitalization trends within the energy sector.Constellation Technology Ventures typically invests in companies from the 'Post Lab Bench to Growth' stage, with an investment size ranging from $2 million to $10 million. The firm is active in leading investments, taking the lead in one out of every four investments it makes. Their portfolio features a diverse array of companies, including AtmosZero, which is electrifying industrial boilers; Bidgely, an energy intelligence company; EnCharge AI, developing efficient AI inference chips; GridBeyond, a platform for managing flexible energy resources; LevelTen Energy, facilitating renewable energy transactions; Measurabl, an ESG data management solution for real estate; and XGS, revolutionizing geothermal energy.Founded in 2010, Constellation Technology Ventures operates from Baltimore, Maryland. The firm goes beyond capital investment by actively collaborating with the leadership of its portfolio companies, leveraging Constellation's extensive commercial platform to help deploy their products and accelerate commercialization. The team's expertise is rooted in the energy industry, focusing on identifying and nurturing disruptive, scalable technologies that are poised to drive the next wave of the energy transition.

CVS Health Ventures is the dedicated corporate venture capital arm of CVS Health established in 2021 to invest in and partner with high-potential, early-stage companies that align with CVS Health’s purpose of “bringing our heart to every moment of your health.”The fund focuses on technology‑enabled, consumer‑centric and value‑based healthcare solutions across care delivery, whole‑person care, consumer health and related health technologies, and leverages CVS Health’s national footprint and commercial channels to help portfolio companies scale and form business relationships with CVS business units.CVS Health Ventures launched with an initial allocation of $100 million for investments and combines capital with strategic support from CVS Health leadership and operating teams to accelerate adoption of innovative solutions that make care more accessible, affordable, and simpler for consumers.

Dell Technologies Capital (DTC) is the global venture capital arm of Dell Technologies, established in 2012. Headquartered in Palo Alto, with offices also in Boston and Tel Aviv, DTC has invested more than USD 1.7 billion in early-stage enterprise technology companies across the U.S., Europe, and Israel. Nine investments have led to public offerings, and over 85 portfolio companies have been acquired by tech leaders including Amazon, Apple, Cisco, Intel, Microsoft, VMware and Dell itself. DTC typically takes the lead in Seed and Series A funding rounds, taking board seats and offering more than capital. Their support includes customer introductions, market-fit coaching, pricing guidance, sales leadership mentoring, media support, and pipeline benchmarking. While backed by Dell Technologies, DTC operates as a financial returns-driven VC with performance consistently in the 95th percentile of early-stage investors. The firm targets transformative enterprise and infrastructure technologies—particularly in cybersecurity, artificial intelligence and machine learning, data analytics, edge and logistics, developer tools, silicon, and IoT. The team seeks technical founders with deep domain expertise and customer empathy who are building category-defining solutions. DTC remains actively deploying capital and leading rounds across its core geographies.

Ericsson Ventures is the corporate venture capital arm of Ericsson, a global leader in telecommunications and network technology. Founded in 2002, Ericsson Ventures invests in leading companies to drive innovation in new areas, accelerate Ericsson’s core business, and generate strong financial returns. The fund leverages Ericsson’s global reach, deep customer relationships, and industry expertise to support portfolio companies with strategic guidance, networking, and operational support. Ericsson Ventures focuses on emerging growth areas such as next-generation networking, artificial intelligence, IoT, cybersecurity, cloud computing, data analytics, and enterprise software. The firm invests across all stages, from early-stage to late-stage, and is active in North America, Europe, and select international markets. Its portfolio includes companies in biotechnology, cloud data services, communications infrastructure, and more, with a strong emphasis on technologies that align with Ericsson’s strategic vision and customer needs. Ericsson Ventures is led by experienced professionals with backgrounds in venture capital, private equity, and technology. The team includes José Suarez (Head of Ericsson Ventures), Paul McNamara, Graham Ackerman, Vik Li, and Porter Ontko. The firm is headquartered in Kista, Sweden, and maintains a robust network of co-investors and strategic partners, including major venture capital firms and industry leaders. Ericsson Ventures continues to play a pivotal role in shaping the future of connectivity and digital transformation.

Figma Ventures is the corporate venture arm of Figma, created to support early-stage startups building innovative tools and technologies in the design, development, and collaborative software space. The initiative reflects Figma’s deep commitment to nurturing the next generation of companies that are transforming how teams create and build in a digital-first world. By investing in founders at the seed and pre-seed stages, Figma Ventures brings not only capital but also strategic mentorship and access to a rich ecosystem of designers, developers, and product builders. Its focus is on founders solving complex problems in creative workflows, infrastructure tooling, and the future of work. The firm places high value on creativity, open collaboration, and long-term impact. Figma Ventures operates with a founder-first philosophy, often investing in startups that align with Figma’s core mission of making design accessible and collaborative. Through its investments, the venture arm aims to extend its influence beyond design, enabling meaningful innovation across digital experiences and product creation.

First Rate Ventures is the venture capital arm of First Rate, Inc., a global WealthTech leader with over 30 years of experience. The firm focuses on investing in the future of wealth management technology by supporting innovative startups and entrepreneurs through early-stage venture investments, acquisitions, and entrepreneur-in-residence programs. Their mission is to foster growth and stewardship in the WealthTech ecosystem by providing capital, coaching, and strategic resources. They primarily invest in Seed and Series A rounds for startups with at least $100K in annual recurring revenue, targeting sectors such as artificial intelligence, blockchain, ESG, and regulatory technology within financial services. Additionally, First Rate Ventures acquires majority interests in mature WealthTech platforms where founders seek liquidity and succession plans that preserve the platform’s legacy. The firm leverages First Rate’s extensive network of over 500 banks and wealth management firms managing more than $2.4 trillion in assets to scale portfolio companies. First Rate, Inc., the parent company, is headquartered in Arlington, Texas, and has a global presence with offices on four continents. It is known for delivering innovative technology solutions that help wealth management firms grow and thrive by providing transparent, adaptable, and tailored reporting and portfolio management tools. The company emphasizes a strong corporate culture focused on employee empowerment and long-term client relationships, maintaining an average customer tenure of over 14 years.

Founded in 2019 and headquartered in Munich, Germany, Hitachi Ventures is the global corporate venture capital (CVC) arm of Hitachi Group. Operating as a standalone, return‑driven fund with Hitachi as its sole limited partner, the firm focuses on building partnerships with visionary founders to drive breakthrough innovation across climate, health, digital and industrial sectors. With offices in Munich, Boston and Palo Alto, Hitachi Ventures invests globally in startups aligned with Hitachi’s mission of social innovation. Under the leadership of CEO & Managing Director Dr. Stefan Gabriel—who founded the CVC and brings over 20 years of venture and corporate innovation experience—the firm invests in early to mid‑stage startups (primarily pre‑seed to Series B/C). Hitachi Ventures provides both capital and strategic alignment with Hitachi’s business units, enabling collaboration and scale opportunities across industry, digital, environment and healthcare domains. The firm currently manages four funds, including Fund IV launched in February 2025 with a commitment of $400 million, bringing total assets under management to approximately $1 billion. Hitachi Ventures seeks startups primarily in Europe, Israel and North America, targeting areas like Industry 5.0, TechBio, AI/data infrastructure, circular economy solutions, decarbonization and frontier deep‑tech.

Intel Capital, established in 1991 as the investment arm of Intel Corporation, is a pioneering corporate venture capital firm dedicated to advancing the future of computing. Over three decades, it has invested more than $20 billion in over 1,800 companies worldwide, focusing on strategic equity investments that support Intel’s ecosystem and foster innovation across multiple technology domains. Intel Capital spun off as a standalone investment fund, continuing its mission with greater independence while maintaining strong ties to Intel.The firm invests primarily in early-stage startups and growth companies across four key areas of the technology ecosystem: Cloud, Devices, Frontier (including quantum computing and AI), and Silicon. Intel Capital leverages Intel’s resources by placing over 200 Embedded Experts within portfolio companies and facilitating more than 1,300 curated introductions to Global 2000 customers annually, helping startups scale and succeed in competitive markets.Intel Capital’s portfolio includes notable investments in artificial intelligence, autonomous technology, semiconductor manufacturing, cybersecurity, and next-generation compute infrastructure. The firm has a strong track record with over 700 portfolio exits and has created over $170 billion in market value in the last decade. Its global investment footprint spans North America, Western Europe, Israel, and Asia Pacific, reflecting a comprehensive approach to fostering innovation worldwide.

Koch Disruptive Technologies (KDT) is the venture capital arm of Koch, Inc., founded in November 2017 and led by Chase Koch. With an ethos rooted in “creative destruction,” KDT partners with principled entrepreneurs building transformative platforms that can both elevate Koch’s core capabilities and open entirely new industrial frontiers. KDT invests across a wide spectrum of high-growth sectors including healthcare, supply-chain & manufacturing, cybersecurity, fintech, semiconductors, connectivity, enterprise software, and energy transformation. It leverages internal resources through its Koch Labs network, offering portfolio companies access to Koch’s global expertise in logistics, IT, manufacturing, and more, creating mutual benefit and accelerating growth. The firm has committed over US $4 billion to disruptive enterprise-technology ventures, and maintains a strategic focus on long-term partnerships that benefit both entrepreneurs and Koch’s ecosystem. Recent lead investments include Insightec’s $150 million Series E in medical technology and Optimal Dynamics’ $40 million Series C in AI-driven logistics software.

Labcorp Venture Fund is the strategic investment arm of Labcorp, a global life sciences and diagnostics company. The fund is dedicated to supporting innovative startups in the healthcare and biotechnology sectors that align with Labcorp’s mission to improve health and improve lives. By investing in early-stage companies, the fund helps foster breakthroughs in diagnostics, drug development, digital health, and personalized medicine. The Labcorp Venture Fund provides both financial backing and strategic resources, including access to Labcorp’s extensive R&D capabilities, clinical trial infrastructure, and commercial channels. This strategic alignment allows portfolio companies to scale effectively and accelerate the impact of their solutions in the healthcare market. The fund targets investments that complement Labcorp’s core services while also exploring emerging opportunities in health technology and therapeutics. With a selective and collaborative investment approach, the Labcorp Venture Fund plays a critical role in advancing innovation across the healthcare value chain.

Lam Capital is the corporate venture capital investment arm of Lam Research Corporation, a global leader in wafer fabrication equipment and semiconductor manufacturing solutions. The firm invests in innovative companies addressing today's most challenging, high-impact problems across the semiconductor ecosystem, artificial intelligence, and industrial automation sectors. By combining financial investment with operational expertise and access to Lam Research's extensive technology network and supply chain infrastructure, Lam Capital serves as a strategic partner that goes beyond traditional venture funding to accelerate startup growth and commercialization.The firm's investment strategy is uniquely positioned at the intersection of corporate strategy and venture capital, focusing on companies that extend Lam Research's core technologies into new markets and synergistic technologies that solve complex challenges across multiple disciplines. Lam Capital invests across all stages from seed through early Series B, with a particular emphasis on hardware-related startups in semiconductor equipment, digital manufacturing, and related industries. The firm has made 18 investments as of April 2025, with a track record of 3 portfolio exits, including the notable exit of Reno Sub-Systems in March 2022.Beyond capital deployment, Lam Capital provides substantial value-add services including technical expertise from Lam Research's diverse pool of technology experts, operational guidance on scaling to high-volume manufacturing, potential customer relationships, and co-development opportunities. The firm's strategic approach integrates financial rigor with close collaboration with Lam Research's internal business units to maximize startup success and ensure strategic alignment that improves the likelihood of successful collaboration, integration, and eventual commercial deployment of portfolio company technologies.

LG Technology Ventures is the corporate venture capital (CVC) arm of LG Group, established in 2018 and headquartered in Silicon Valley, California. The firm specializes in identifying and investing in innovative startups at the forefront of technology, with a strategic focus on sectors such as artificial intelligence, biotechnology, cleantech, advanced materials, and mobility. By leveraging the global resources and expertise of LG Group, LG Technology Ventures provides not only capital but also access to strategic partnerships, industry knowledge, and operational support for its portfolio companies. The firm partners with early- and growth-stage companies worldwide, aiming to drive innovation and create value for both startups and LG affiliates. LG Technology Ventures has built a robust portfolio of over 80 active investments and has facilitated more than 10 exits or IPOs. Its investments span a wide range of industries, including AI, biotech, energy, batteries, healthcare, and advanced materials. Notable portfolio companies include Anthropic, Arcellx, Inworld AI, Figure AI, and OTI Lumionics. The team consists of experienced investors, entrepreneurs, technologists, and industry experts who work closely with founders to help them scale and succeed. LG Technology Ventures is committed to fostering long-term relationships with its portfolio companies, offering strategic guidance, access to LG’s global network, and support in navigating complex market dynamics. The firm’s approach emphasizes founder-centricity, aiming to help startups overcome challenges in talent acquisition, sales strategy, and organizational development. With a strong track record of successful investments and exits, LG Technology Ventures continues to play a pivotal role in shaping the future of technology and innovation.

Masco Ventures is a $50 million corporate venture capital fund established by Masco Corporation, a Fortune 500 company headquartered in Livonia, Michigan. As a fully-owned subsidiary of Masco Corporation, the fund focuses on identifying and investing in startups that are strategically relevant to Masco's portfolio of industry-leading brands, including Behr® paint, Delta® and Hansgrohe® faucets, bath and shower fixtures, and Hot Spring® spas. Masco Ventures targets early and growth-stage companies, both domestically and globally, with typical initial investments ranging from $500,000 to $5 million, while reserving capital for follow-on investments and co-investing with top-tier venture capital investors. The fund's investment strategy focuses on products and services that improve water management, create a connected in-home experience, enhance customer service, provide new ways to reach Masco's end-use customers, and advance manufacturing and materials innovation. By leveraging Masco's extensive industry relationships, vast distribution network spanning big box retailers, plumbing wholesalers, specialty retail, and e-commerce channels, and deep subject matter expertise, Masco Ventures provides portfolio companies with significant competitive advantages and commercialization support. The fund is managed in partnership with Cerity Partners Ventures, which brings significant corporate venture capital expertise to the initiative. The fund is led by Zack Gordon, Masco's Vice President of Corporate Development, working in conjunction with Masco's Executive Leadership Team.