The traditional venture capital is independent venture capital (IVC), new ventures have traditionally relied on IVC firms to provide financial and managerial resources. Corporate Venture Capital (CVC) is the equity investment of non-financial companies in venture capital for financial and strategic motivation. What’ s the difference between CVC and IVC when they doing deals? How is CVC classified? What’s the relationship of CVC and innovation firms and how CVC effects those firms? This study aims to finding the strategy of CVC funding and the beneficial influence of CVC funding. By studying existing documents and literatures to find the difference between IVC and CVC, also to find the beneficial influence of CVC funding for innovation firms.