Grid-scale energy storage developer Form Energy has closed a series B round led by Eni Next that will fund a prototype of its lithium-sulphur battery.

True Incube has launched the application process for its sixth cohort and is again looking for startups that offer synergies with the corporate and its parent, Charoen Pokphand Group.

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

The renewable energy storage developer has received $110m in series B funding from SoftBank Vision Fund, having raised cash from Cemex earlier this year.

Royal Vopak, Mitsubishi and Covestro helped the Erlangen–Nuremberg hydrogen storage technology spinout collect $19m in funding.

Equinor Energy Ventures and Evergy Ventures chipped in to help bring grid management software provider Sunverge's overall funding to nearly $65m.

Novo provided $72m in series E funding for the waste-to-ethanol technology producer, which counts the likes of Mitsui, Siemens and Petronas as existing investors.

Walmart is set to invest $50m in the fresh fruit and vegetables supply chain operator, joining the likes of Qualcomm, Syngenta and Doosan among its investors.

Ackermans & van Haaren and existing investor Globachem contributed to the $38.9m series C round, which will support the launch of Agrosavfe's first biofungicide product in the US.

Schneider Electric has been joined by Landis+Gyr, MKB and IDO Investments for a $10m series B extension that boosted the home energy monitoring platform's total funding to $50m.