Honda and existing investors EDF and Siemens all contributed to a $22.7m round that will fund the expansion of Ubitricity's EV charging network.

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 project developer raised the cash in a round led by Eversource Capital, which is 50% owned by power producer Lightsource BP.

The fund has been formed as part of a wider technology and research investment drive that will involve up to $8.3bn being spent in the next five years.

Statkraft Ventures is set to exit distributed energy software provider Limejump in an acquisition by Shell that will follow some $10m of funding for the company.

Irrigation management software provider Hortau, which counts Telesystem as shareholder, has raised $20m in its latest funding round.

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

BASF Venture Capital has joined Alchemist Accelerator as a limited partner to develop digital technologies in the chemical industry.

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

Tepco Power Grid and Jera, both of which represent Tokyo Electric Power, have provided $32.3m in funding for the battery storage provider.