New Combinator, an independent venture capital firm specializing in CVC operations, and Beyondge, an innovation studio focused on startup creation and corporate growth hacking, have formed a comprehensive business partnership to maximize strategic returns for CVCs. The firms will collaborate on three key areas: (1) new business creation and AI implementation for CVC operators, (2) value-up support for portfolio startups, and (3) development of the BPaaS 'DealFlow for CVC' to enhance CVC operational productivity.

Achieving strategic CVC returns requires the seamless alignment of the parent company's innovation and AI capabilities, portfolio startup growth, and operational productivity. However, as these areas require different capabilities, many CVCs struggle and remain mere 'investment vehicles.' By combining their respective strengths, the two companies will create a structure to support these three areas comprehensively.

Partnership Pillar 1: New Business Creation and AI Implementation for CVC Operators Support will be provided in two axes: new business creation and AI implementation. For new business creation, Beyondge will offer 'M&Axion,' a unique program designed to scale new businesses rapidly with M&A as a premise, in addition to joint proposal models with startups. AI implementation will be supported through 'Beyond AI Industry Base,' an organization co-creating industry-specific AI solutions, facilitating the development of industry-specific AI agents and training digital talent internally.

Partnership Pillar 2: End-to-End Support for Portfolio Startups By combining New Combinator's VC value-up experience with the 'co-growth' hands-on expertise accumulated through Beyondge Capital, the partnership will provide comprehensive value-up support for portfolio startups. This includes co-creation of AI services, support for strategic partnerships and JV establishment with major corporations, and talent acquisition and PR support through 'Go Beyond HR.'

Partnership Pillar 3: CVC-Focused BPaaS 'DealFlow for CVC' Beyondge's 'Beyond AI Industry Base' develops AI solutions for manufacturing, robotics, AI agents, and M&A. Through this partnership, the firms will co-develop 'DealFlow for CVC,' a BPaaS specialized in CVC operations. This will resolve chronic resource shortages and the siloing of information in CVC operations, allowing managers to focus on core value creation.

FACT BOX

  • Source: PR TIMES
  • Category: Partnership
  • Products / services: DealFlow for CVC / M&Axion