360 Security and CATL helped Hozon Auto close a $1.5bn series D while Origin Energy and Tokyo Gas backed a $550m round for Octopus Energy.

Reverse mergers Satellite operator Eutelsat agreed yesterday to merge with portfolio company OneWeb, the UK-based developer of a satellite internet system. Eutelsat owned 22.9% of the company as of October 2021 and OneWeb’s other investors include satellite services provider Hughes Network Systems, telecommunications and internet group SoftBank and Hanwha Systems, a smart technology subsidiary of…

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