The oil, gas and chemicals provider has formed a vehicle that will invest in new energy and materials, intelligent manufacturing and AI.

Heating cable developer Salamander Solutions has raised series A cash from investors including Shell Ventures, 16 months after being spun out of Shell.

BMW i Ventures is set to exit EV charger developer Chargemaster in a purchase of undisclosed size by BP.

The Tengelmann-backed urban farming company took its overall funding to $111m in a series D round led by Cox Enterprises.

Tepco Ventures will take the place of the power producer's New Business Task Force and will focus on incubating new companies.

Argo Infrastructure Partners has provided $40m for Ice Energy, which last raised $24m in a series C round featuring TIAA in 2010.

Equinor Technology Ventures has taken part in a $20.7m round that will accelerate development of Upwing Energy's downhole gas compressor.

Existing investor Volkswagen is providing $100m for the solid-state battery developer, with which it is forming a joint venture.

Corporate venturing unit Chevron Technology Ventures has formed a $100m vehicle known as Future Energy Fund to back lower-emission technologies.