Petronas has closed a $250m fund for venture capital subsidiary Piva to strike deals in Europe and North America focusing on future energy, industrial and materials technologies.

The Polish government-controlled energy utility has set aside more than $25m to invest in growth-stage renewable technology developers.

Arcadia, the operator of a clean energy-sourcing platform for domestic use, boosted its overall equity funding to more than $62m in a Mitsui USA-backed round.

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

Caterpillar, J-Power and South32 joined several existing corporate backers, as the venture firm's RoboValley Fund moves towards a $120m target.

KarmSolar has raised an amount previously reported to be up to $25m from EDF's renewable energy subsidiary as part of the latter's North African push.

Amperex, SDK, Cabot Corporation and BASF Venture Capital all invested, as the battery materials developer disclosed funding that will be used to beef up manufacturing.

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

The carmaker’s trading subsidiary has backed a financing round for electricity trading platform operator Digital Grid Corporation that brought its total funding to over $12m.

Managing director Amy Francetic has departed from Invenergy, GE, Schneider Electric and WEC Energy-backed venture firm Energize Ventures.