GCV Rising Star Demi Edosomwan has departed from TotalEnergies Ventures and joined Vivo Energy as head of new ventures.

The silicon-carbon material developer added cash from Microsoft Climate Innovation Fund and Molicel to close a $614m series C round as the industry continues to benefit from strategic investment.

The US’s $369bn climate act is a "game changer" in terms of size and could lure clean energy investors away from Europe.

The German company has partnered with cleantech firms to build an ammonia cracker that could produce emissions-free hydrogen at industrial scale.

Terna Forward has been allocated over $50m and will look to invest in external companies as well as spinning off innovative technology through an incubator model.

Oil and gas companies' profits have risen more than five-fold in the last two years. But investment activities are increasing more slowly.

Gareth Burns is departing from energy company Equinor's corporate venture subsididary, which he heads as vice-president.

The energy sector hasn't had a technology breakthrough for a decade. But Engie New Ventures' Johann Boukhors is excited about the potential for green hydrogen and methane.

The CVC grows to €1bn in committed capital and becomes one of the largest venture capital units focused on electrification, digitisation and decarbonisation.

NCSoft invested $15m in Mysten Labs to take the latter’s series B round to $300m while Porsche backed Xanadu’s $100m series C.