Oil and gas conglomerate Aramco Oil Company has injected an extra $4bn into Aramco Ventures to further push development in disruptive technologies.

Abhishek Shukla has been promoted from partner of enterprise, infrastructure and deep tech investments to managing director at Prosperity7 Ventures.

Laurel Buckner will be the vice president of ventures at BHP Ventures where she will lead investments in the decarbonisation and green energy sectors.

After serving a year as the head of corporate venture capital at Thai energy company Banpu, Smittipon Srethapramote has started a new position as CEO of Banpu's subsidiary, Banpu Next.

US insurance firm MassMutual’s investment arm has appointed Kara Burns a senior associate for its Climate Technology Fund.

Olli Parkkonen will now serve as the manager of startup investments where he will manage Fortum's M&A projects and startup piloting initiatives.

AI and quantum, as well as long-term, large-scale energy storage are trends at the top of energy investors' minds for 2024. Exits, less so.

The fund, co-managed with a seed-stage VC firm, will target AI, robotics and internet-of-things across multiple industries.

The food maker and asset manager is one of the few Central American companies to step into venture capital.

It is no surprise to see genAI on this list, but semiconductors, EVs, green steel and batteries also featured heavily this year.