Corporate investment in U.S. start-ups rises 16 percent in second quarter: report

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Corporate investment in U.S. start-ups rises 16 percent in second quarter: report

SAN FRANCISCO (Reuters) - Corporate-backed venture groups invested $2.1 billion in the quarter ended June 30, up 16 percent from the same period in 2011, underscoring the continued allure start-ups hold for their more established competitors. The corporate-backed funds invested in some 118 companies in the United States, according to a report released on Thursday by consultancy CB Insights, with internet companies winning almost one-third of the cash. Healthcare and the automotive/transportation sectors each took 20 percent. ...

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