
Exelon's corporate venturing subsidiary has joined the investors in the energy efficiency company, which will use the cash to advance its product.
Establishing BP Ventures in 2007 has enabled the petroleum company to explore alternative energy and energy digitisation, the unit's managing director explained to an audience at the Global Corporate Venturing Symposium yesterday.
Energy companies Iberdrola and E.ON joined QBotix's existing investors, lifting its overall funding to $23.5m.
Robert Plehn has left financial services firm Lloyds to head up General Electric subsidiary GE Capital's capital markets team.
The electric vehicle charging company has now raised over $110m and its strategic investors include Siemens and BMW.
BASF and Total's corporate venturing units have both achieved exits from the desalination technology company, which had raised $75m in equity funding.
Arcadia Biosciences has now raised $101m after closing a round featuring BASF Venture Capital, which participated as a return investor.
The power company has raised $21m in a round backed by corporation Gunung Sewa that will be used to boost its gas business.
Total has re-invested in the renewable energy storage company, which will use the funds to build its first commercial-scale production facility.
Bayer has sold subsidiary Alimtec to a company owned by India-based company Murugappa for an undisclosed sum.