Key Takeaways
- • Pegasus Tech Ventures, a San Jose-based venture capital firm and provider of Venture Capital-as-a-Service (VCaaS), says it has surpassed $300 million in new corporate venture capital commitments across five funds established in the first half of 2026.
- • The five funds span food and beverage, software, manufacturing and advanced technologies, indicating corporate venture investing is spreading beyond technology-focused companies.
- • Pegasus manages more than 40 funds and over US$2 billion in assets, and has invested in more than 300 startups globally.
- • The announcement is a company press release (Business Wire); the figures are the firm's own and have not been independently verified.
Summary
The firm attributes the trend to corporations seeking access to emerging technologies such as artificial intelligence, robotics, automation, cybersecurity and advanced manufacturing. According to the company, corporate venture capital has become a more important tool for identifying emerging technologies, building startup partnerships and complementing internal research and development. Pegasus says companies are increasingly treating startups not solely as acquisition targets or vendors, but as sources of disruptive technology and market insight.
Under its VCaaS model, Pegasus has helped corporations launch and manage venture funds over the past decade. The services it describes include fund formation, investment strategy, startup sourcing, due diligence, portfolio management and strategic collaboration. The five funds established in the first half of 2026 span food and beverage, software, manufacturing and advanced technologies, which the firm cites as evidence that venture investing is becoming a component of corporate innovation strategy across industries rather than remaining confined to technology companies.
Company founder and CEO Anis Uzzaman said corporate venture capital "has evolved from a competitive advantage to a strategic imperative." Pegasus reports more than 40 funds under management, investments in more than 300 companies worldwide, and over US$2 billion in assets. Its portfolio, according to the firm's boilerplate, includes companies such as SpaceX, OpenAI, Anthropic, Airbnb, Coinbase and X (formerly Twitter). The firm also operates the Startup World Cup platform, which it says connects entrepreneurs, investors and corporations in 200 cities across six continents.
The release contains no independent data on the broader corporate venture capital market, and the reported figures are self-described by the firm.
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