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1、1 Considerations When Fundraising for Corporate VenturesBy Hanno Stegmann,Neels Steyn,Melissa Lou,Christine GiamConsiderations When Fundraising for Corporate Ventures2 Considerations When Fundraising for Corporate VenturesMomentum around corporate venturing has steadily increased over recent years.I
2、n Singapore,for example,approximately 80 new corporate ventures have been launched since 2018 according to data by the Economic Development Board(EDB).There are already some remarkable breakout success stories in the Southeast Asian corporate venturing landscape.Fintech giant Ovo,incubated by Lippo
3、Group in Indonesia,has delivered exceptional growth.Since its launch in 2017,Ovo saw its valuation surge to more than US$2 billion,as per last known public valuation,before its subsequent acquisition by tech giant Grab in 2021.Generally,there are two different approaches as far as positioning a corp
4、orate venture within its parent organization is concerned.Strategic value creator.A venture that is typically 100%owned by the corporate partner(fully owned subsidiary),with products and services often strategically tied to the direction of the corporate strategy.Independent value multiplier.A ventu
5、re that is less integral to the corporate parents strategic direction,but rather serves to generate financial returns,or deliver an increase in enterprise value multiples for the corporate partner.01Considerations when fundraising for corporate venturesCorporate venturing has emerged as an advantage
6、ous avenue for companies seeking to drive growth,innovation,and digitization in recent years.This exciting new asset class not only enables and empowers strategic innovation,but also enhances enterprise value.Considerations When Fundraising for Corporate Ventures 3BCG XWith rapid expansion in the in