Energy

GCV Emerging Leader Frederico Gonçalves is now partner and managing director of the CVC arm, following former head Luís Manuel’s departure.

The Chilean auto parts manufacturer has shut down its $20m startup investment subsidiary and its Emasa Mobility Hub after three years.

Gareth Burns, head of BP Ventures, is one of the 100 leading corporate venturing professionals in our 2024 Powerlist.

Co-managed by Innoh Associates, the CVC unit will operate for seven years and back strategic areas such as marketing, retail, energy and AI.

The IT conglomerate’s $64m CVC subsidiary has made its first impact investment in microfinance service Gojo & Company.

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.

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.