Oil and gas majors have seen a lot of turnover in senior CVC roles over the past year.

While the rest of the market pulled back investment, GCV data shows that the value of deals backed by energy companies continued to grow in 2022.  

Some 51 new corporate-backed energy funding initiatives were launched in 2021, up from 21 the year before. The trend has continued into 2022.

Corporate investors continue to be bullish about investing in the energy transition, even into 2022.

Catherine Lenson, the first female managing partner at Softbank, has left the corporate venture arm of the Japanese technology conglomerate.

Rakuten-backed Base Food is set to list on TSE’s Growth Market in an IPO valuing it at $329m while Mitsui was part of a $400m round for Yellow Door Energy.

Consumer credit provider FinAccel secured $140m from investors including GMO Payment Gateway while Amgen helped brain disease drug developer Neumora raise $112m.

The value of corporate-backed deals slumped in the third quarter, but sectors like energy and telecoms bucked the trend as did a few geographies like Israel.

Where does corporate VC fit into food and agriculture in 2022? Global Venturing asked industry figures at one of Europe's largest agricultural technology conferences to find out.

The app security software provider has linked up with 26 venture firms which will invest in its Cloudflare Workers ecosystem through the Workers Launchpad Funding Program.