The Global Corporate Venturing deal net rounds up investments from across the corporate innovation ecosystem.

Funding

Battery

Power grid equipment provider G&W Electric provided $3.6m in funding for Intelligent Generation, a US-based energy storage optimisation tool developer, yesterday.

Crypto

Samsung Next, an investment vehicle for electronics manufacturer Samsung, took part in a $70m round yesterday for Flowcarbon, a US-based developer of carbon-backed token technology. Andreessen Horowitz’s A16Z Crypto fund led the round, also investing alongside General Catalyst, Invesco Private Capital, 166 2nd, RSE Ventures, Allegory Labs, Fifth Wall, Box Group, Celo Foundation and private investors…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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