Sector Focus: Energy
Over the past 12 months Global Corporate Venturing has tracked 38 deals involving corporate investors from the energy and natural resources sector. The majority of this modest number of deals took place in the US. Unsurprisingly most of the commitments (30) went to emerging enterprises from the energy and industrial sectors.
Geert van de Wouw, managing director of Shell Technology Ventures, the venturing unit of the oil and gas company, told GCV: “We see several trends in energy, which we follow with great interest and are selectively investing in. First, connected cars and customers – the innovation around autonomously driving cars, load and road optimisation as well as sharing and building new customer communities.
“Second, distributed power generation and storage for home owners, commercial and industrial customers, especially new business models around energy management and software, and data-driven energy efficiency services as well as entries into developing countries, particularly Africa…
