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First Data, Simon Property Group, Ping An Insurance, and Wipro are just a few of the large corporations globally that recently launched venture units to invest in startups. And they’re far from alone.

In the first 8 months of 2015, more than 50 corporate VCs have already made their first investment, including Twitter Ventures and Workday Ventures, according to CB Insights data. That puts 2015 on pace to overtake 2014, when 70 new corporate VC units globally made their first investment.

Image: https://www.cbinsights.com