Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Schneider Electric Ventures, the venture capital fund backed by energy management equipment maker Schneider Electric, co-led a $10m series A round for US-based battery management system technology developer Titan Advanced Energy Solutions on Monday. The round was co-led by VC firm Energy Innovation Capital and included Massachusetts Clean Energy Center. The proceeds will go to product development, sales and the expansion of the company’s engineering team.
SenSat, a UK-based developer of artificial intelligence software for the infrastructure space, completed a…