Corporate investors continue to be bullish about investing in the energy transition, even into 2022.

Corporate investments in energy-focused startups rose 42% in the 2021, from 127 rounds in 2020 to 181 by the end of 2021. The estimated total dollars in those rounds increased four times over from $3.25bn in 2020 to $13.3bn last year.

That pace has not subsided in 2022 despite a bearish investment market overall. By the end of August this year we had already tracked 184 rounds (slightly more than…

Kaloyan Andonov

Kaloyan Andonov is head of analytics at Global Corporate Venturing.