Sector focus: Energy
GCV Analytics defines the energy sector to include oil and gas, renewable energy, energy storage, management and equipment, grid and power supply technologies and energy analytics, among other areas. GCV reported 60 rounds involving corporate investors from the energy sector for the period September 2016 to August 2017. A third of those rounds (21) took place in the US and 12 in Germany.
Most of these commitments went to emerging enterprises from the same sector (36), with the remainder going into companies from the IT (7), services (5), industrial (4) and transport (4), among other sectors.
On a calendar year-on-year basis, total capital raised in corporate-backed investment rounds went up to $887m last year from the $560m allocated in 2015, a 58% decrease. The deal count also increased, rising by 33% from 40 deals in 2015 to 53 last year. This…
