Research
Sector research and operating notes on corporate venture, written for the people who have to make the decision rather than describe it.
“Les Grandes Tendances de l'Intelligence Artificielle en 2025” has no English version. Here is what this language publishes.
Insights
- Unicorn Founders
Female founders of European unicorns: 13% of venture capital in 2025, a ceiling that moves slowly
In 2025, European female-founded startups raised €7.5bn, 13% of venture capital. A real rebound after the 2024 dip, but neither a return to the 2021-2022 peaks nor a marked rebalancing.
8 min read - VC-as-a-Service
Pausing a Corporate Venture Programme: A Wind-Down Playbook
Ending a venture programme badly costs more than running it did. A practical sequence for pausing one without burning the relationships it built.
7 min read - InsurTech
Regulatory Pressure on Life Insurance: What It Changes for Product Partnerships
EIOPA's value-for-money scrutiny and ACPR's expanded 2026 programme are slowing product launches. What that means for partnership speed.
6 min read - Unicorn Founders
Founder Factories, Part Two: Turning the Alumni Signal Into a Sourcing Process
Unicorn alumni predict where the next startups come from. Turning that pattern into a working sourcing process is a different problem entirely.
7 min read - VC-as-a-Service
What to Measure in Year One of a Corporate Venture Programme
Deal count is the weakest first-year indicator for a corporate venture programme. Three measures predict the outcome better.
8 min read - InsurTech
Where Insurers Actually Deploy Venture Capital: The Four Models
Venture client, dedicated unit, external mandate, third-party funds. What each model costs an insurer in governance, and when each one fits.
8 min read - VC-as-a-Service
Why a Corporate Becomes an LP Instead of Investing Directly
Direct investing looks like more control. For most corporates, becoming an LP in a fund is the faster, cheaper way to the same strategic outcome.
6 min read - Unicorn Founders
The new unicorn founder profile: what the data reveals
For a long time, the “typical” unicorn founder came out of a business school, had done a stint in finance or consulting, and knew how to sell a vision before even having a product…
8 min read - Unicorn Founders
Where Do the Founders Building the World's Largest Companies Come From?
Brain drain gets talked about a great deal. The underlying idea is simple, almost intuitive: a country trains brilliant engineers and researchers…
8 min read
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