Statoil's recently launched $200m renewables and low carbon fund has made its first investment, leading the distributed wind energy company's series B round.

Kensington Capital Partners has achieved a $228m final close for its fund of funds backed by investors including Torstar and OpenText.

George Coyle has departed from ConocoPhillips' corporate venturing unit to form an oil and gas-focused fund that has already raised almost $43m in capital.

Motive Drilling Technologies, an oil drilling guidance system developer incubated by Hunt Consolidated, has raised $10.5m in a series A round co-led by GE Ventures.

Statoil Energy Ventures will invest the capital over the next four-to-seven years and will complement the firm's Statoil Technology Invest unit.

Building energy management company EnTouch Controls, which includes NRG Energy among its investors, has closed a series C round, boosting its total funding to $20m.

Helicopter services firm Bristow invested $4.2m in the round as part of a partnership agreement, taking the drone inspection company's funding to $9.5m in the past year.

Intelligent energy storage system producer Sunverge Energy has added Australian utility AGL to an investor base already containing Siemens and Total.