HSBC Ventures has pledged to back growth-stage climate technology developeres, providing them with the bank’s resources and network as well as capital.

TotalEnergies led the equity portion of a round bringing the off-grid energy provider’s total debt and equity financing to over $270m.

Oxygen therapy developer Aviv Scientific completed a $40m series B round led by Danel while drug delivery system developer Credence raised almost as much.

Liberty Mutual, Copec, National Grid, Evergy, Centrica and Avista all contributed to a round taking the solar maintenance technology developer's total funding to at least $53m.

Hitachi, Orbia, Jaguar Land Rover, Doral, TDK and Trumpf all contributed to a round closed by battery recycling service provider Battery Resourcers.

Schlumberger New Energy led a round that will help the nickel-hydrogen battery developer finance construction of a Gigafactory.

Immutable, Abra and Francis Medical have all raised more than $50m, while MAZ Systems has been acquired by Zype.

Mitsui USA-backed Arcadia is aiming to drive growth with series D funding co-led by Tiger Global and Drawdown Fund.

Q&A with Girish Nadkarni, president, TotalEnergies Ventures

Earthshot Ventures, a venture capital spinoff of Elemental Excelerator, counts the software provider among its limited partners.