BASF Venture Capital has joined Alchemist Accelerator as a limited partner to develop digital technologies in the chemical industry.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Tepco Power Grid and Jera, both of which represent Tokyo Electric Power, have provided $32.3m in funding for the battery storage provider.

The electricity-to-hydrogen technology developer has secured $12.4m in a round featuring Air Liquide subsidiary Aliad to fund production of its storage units.

Mitsui led a $16.8m round for the green energy and clean energy product supplier, investing together with undisclosed existing backers.

Rabo Frontier Ventures now has $170m under management to invest in fintech and agtech developers, and will expand its focus internationally.

Sonnen is set to be acquired by existing investor Shell for an undisclosed sum, while General Electric, Envision Energy and Inven Capital will also exit.

The Statkraft-backed energy management software producer has secured $13.1m series B funding from financial services firm BNP Paribas and Set Ventures.

Geothermal heating and cooling system provider Dandelion Energy received $16m in a Comcast Ventures-led round that included GV and Lennar.