Energy

Human resources software provider Legion and edge cloud services provider Zenlayer each received $50m while Intel is exiting Sedona Systems in a $100m acquisition.

Bertelsmann helped crypto financial service provider Babel Finance close a $40m series A round while Blind raised $37m from investors including Cisco.

SoftBank vehicle SB Energy and BASF contributed to a $250m PIPE financing that will support the merger with the Nasdaq-listed Acon S2 Acquisition Corp.

Solid-state battery developer Solid Power secured a $130 series B round co-led by its potential customers from the automotive sector BMW and Ford Motor Company.

A decade or more after setting up the golden age of corporate venturing units were set up with a focus on life sciences and healthcare, such as US-listed conglomerate Alphabet’s GV (formerly known as Google Ventures) and US-listed drugs company Merck’s Global Health Innovation Fund (GHIF), and the returns have surpassed many expectations.

American Electric Power, Chevron and Equinor all participated in a round that increased the power generation technology developer's total funding to $228m.

The solid-state battery provider pulled in funding through a series B round co-led by potential customers BMW and Ford Motor Company.

Q&A with Jennifer Diedrichs, investment manager, EnBW New Ventures

Exelon-backed solar and energy efficiency equipment provider PosiGen has added $27m to a first tranche closed in December.

Shapeways is another company from the 3D printing space, which has gone public through a reverse merger, after its peer Desktop Metal in 2020. The additive manufacturing space has seen a somewhat modest interest from corporate investors in the past decade.