The diversified conglomerate intends to invest between $50m in areas such as energy, infrastructure, materials and environmental services each year.

Ammar Alkassar, founder and ex-CEO of cybersecurity software provider Sirrix, has been hired as a venture partner at the unit.

The GV, BP and Shea-backed biocarbon development technology provider has raised $20.3m in equity funding and note conversion.

GLP co-led the petroleum trading platform's series C round, just under a year after another corporate, Huochebang, backed its series B.

The energy storage system supplier, which is backed by several corporates, added $26m to the $80m it raised in January.

The Eon-backed fuel cell system producer priced the offering at the top of its range, having previously raised more than $1.3bn in funding.

Invenergy Future Fund led the EV charging network's series C round, which included GE Ventures and Orsted Venture.

Innogy and Duke Energy are the anchor investors for a fund where CLP Group, American Electric, Chubu Electric and Bridgestone are LPs.

Chevron Technology Ventures returned to back the first tranche of a round carbon capture technology developer Inventys expects to close at $21m.