These investors put $1.7 billion to work in 126 deals, participating in about a quarter of all venture-capital fundings in the U.S., according to a study from CB Insights. About 40% of deals were seed or early stage, an increase from the first quarter.
Investing in mobile startups fell, but four in 10 dollars went to Internet companies, a five-quarter high. Health care activity was up as well.
With venture fundraising soft, corporates are playing a bigger role in the startup ecosystem. Activity measured in dollars was the strongest in three quarters, but down from a stand out quarter a year ago, the study found.
The most active group so far this year is Google Ventures by a wide margin, followed by Intel Capital. The top five is filled out by Qualcomm Ventures, In-Q-Tel and Novartis Venture Funds.
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