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2012 Innovation capital - USA: front-end innovation tracks >$475bn. US Crowdfunding $2.8bn. 2012 VC numbers strip out official CVC investments of $2.2bn
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2012 Innovation capital - USA: front-end innovation tracks >$475bn US Crowdfunding $2.8bn • 2012 VC numbers strip out official CVC investments of $2.2bn • * We conservatively estimate the ‘real’ CVC dollars deployed in 2012 to be at least 2x larger than the NVCA, who only capture corporate deals from companies with a dedicated CVC groupand investing alongside a VC firm. US Angel Capital $22.5bn 11