Energy

Heavy industry accounts for 22% of global greenhouse gas emissions but is notoriously difficult to decarbonise. These startups are developing solutions, from new thermal energy storage and fusion reactor design to emissions monitoring.

Marc Bouchet will conduct deals for TDK Ventures Fund 2 while David Delfassy and Sam Hill will invest through Fund EX1.

From geothermal energy and mining tech to subterranean delivery systems, here are some of the most exciting startups focusing on what's underground.

Luís Fábrica, formerly investment associate at the energy group’s CVC group, has been promoted after four years at the unit.

The CICC Porsche (Shanghai) Venture Capital fund, whose size is reportedly $118m, will target energy and connected vehicles in China.

After three years at the Japanese electronics group’s CVC unit, Marc Bouchet got promoted for a second time to senior investment associate.

Husk Power Systems has just raised $100m from investors including Shell to build 1,500 solar mini-grids in India and Nigeria in the next four to five years.

Ten corporate investors were part of a $380m series C round this week, including Fortescue, United Airlines, Rio Tinto, Amazon, Microsoft and BP.

Algae, alcohol and electrofuels all have potential for creating sustainable aviation fuel — but which ones are winning backing from industry?

Clara Andreoletti has taken up US-based president and CEO roles for the corporate venturing unit of Eni.