The corporate venturing unit of Ireland-based utility ESB, has led the latest £5m ($7.8m) funding round raised by Heliex Power, which generates electrical power using waste steam from industrial processes. ESB NovusModus was joined in the round by UK-based oil major BP’s corporate venturing unit, BP Ventures. Bertrand Gautier, a partner of Novusmodus, said: “Heliex…

The rest of this content is only accessible to Global Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.