Google and Intel had the most active corporate VC firms last year

GV, formerly Google Ventures, tied with Intel Capital as the most active corporate venture capital firm globally in 2016, according to a report out today from research firm CB Insights.

GV individually ranked as the most active corporate venture firm in the U.S.

In total, the firm made 60 investments, according to CB Insights. The largest of those investments were:

• a $400 million investment in health-insurance startup Oscar
• a $150 million in payments startup Stripe
• and a $100 million for cancer blood-test startup Grail, which is led by former Google executive Jeff Huber.

More broadly, corporate venture capital activity declined 2 percent in 2016, according to CB Insights. The biggest dip of the year was during the fourth quarter, when deals were down by 21 percent.

GV declined to comment for this post. Alphabet — parent company to GV and Google — also invests in companies via CapitalG, formerly Google Capital, and via Google itself.

This article originally appeared on Recode.net.

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