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

Bennett Cohen has left Shell Ventures to join Petronas' corporate VC vehicle, which was set up by former GE Ventures managing director Ricardo Angel earlier this year.

China Media Group has led a $14.5m series B round through its Hongxin Capital unit, bringing Gaiya's total funding to more than $25m.

Engie, SunPower, Siemens and GE-backed Tendril Networks has joined forces with Simple Energy to create a utility software provider called Uplight.

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

Law firm Anderson Strathern has launched AS Capital to invest in early-stage startups alongside Equity Group, having invested an undisclosed amount in Synaptec.

Solar cell technology developer Oxford PV has closed a round featuring Meyer Burger, Equinor and Legal & General at $81.8m.

The gas fermentation technology developer raised $30m from BP's corporate venturing unit, adding to earlier funding from the likes of Mitsui and Cargill.

Jera-backed solar and wind power developer ReNew Power has secured three $100m commitments by existing investors Goldman Sachs, ADIA and Canada Pension Plan Investment Board.

ConnectM Technology has acquired the smart vent maker for an undisclosed sum in a deal that handed exits to Comporium and American Family Ventures.