After nearly three decades at Sasol, Sven Godorr has joined its newly formed CVC arm, Sasol Ventures, as the venture capital technology lead.

The former manager of corporate strategy at US energy company Constellation joined the Danish renewable energy company this month.

Oil and gas companies backed more startup funding rounds in 2022 than the previous year, but the dollar valuation of deals fell by more than two thirds.

Bough will focus on technologies that capture, store and use carbon emissions.

The environmental analytics provider's National Grid-backed series B round shows the interest around startups who can use data to help corporates fulfil their environmental data requirements.

Delek US is the latest energy company to invest in a nuclear fusion startup, as corporates gain confidence in the commercial viability of the sector.

Large corporates are investing heavily in carbon capture projects as the technology becomes ready for the mainstream.

The former head of Equinor Ventures joins bp ventures at a time of transition at the fund.

Maria Emilie Danø Hoffman has become the energy company’s director and head of global ventures and open innovation.

Venture capital has poured into the cleantech sector over the past couple of years. Concerns are growing that startups may not be able to scale into viable companies that generate expected returns.