Shell is set to exit the energy storage platform developer in an acquisition by Q Cells, which is already utilising its technology.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Evergy Ventures and Shell Ventures contributed to the latest round for clean energy equipment and energy management software provider Palmetto.

American Electric Power and Chevron Technology Ventures were among the existing investors that helped the EV charging service boost its overall funding to $667m.

The Tunghsu, ZGC and BAIC-backed hydrogen fuel engine producer has reportedly raised at least $67m of the $193m target for its initial public offering.

Stephen Cook, previously chief commercial officer of group technology for BP, has moved to senior vice-president of its Launchpad and Ventures subsidiary.

GE Ventures has divested stakes in 16 companies including Carbon, Desktop Metal and Proterra to venture firm 40 North Ventures.

Credit Agricole returned to reinvest in the solar and biomethane project developer having contributed to a $122m debt round in May.

The creative studio and 01Booster’s four-month joint venture will help grow the entrepreneurial ecosystem in the Japanese city of Fukushima and environs.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.