Energy

Q&A with Heri Diarte, head, SE Ventures

Emissions measurement provider Aclima has raised cash in a round that included Splunk, RBVC and Microsoft Climate Innovation Fund.

TDK Ventures, Paz Oil and Landa Ventures-backed hydrogen and ammonia fuel cell technology developer raised $60.7m in an Israel flotation.

Marketing and imaging software producer Adobe agreed to acquire US-based work management software provider Workfront in a $1.5bn deal, giving quantitative trading firm Susquehanna International Group (SIG) an exit.

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

Epco, Hitachi, Hokuriku Electric Power, Looop, Opt, Showa Shell, SK Gas, Sumitomo and Tokyo Gas are all set to exit the energy price comparison portal in an offering on TSE’s Mothers Market.

NAC International led a series A round for nuclear waste manager Deep Isolation following an initial partnership formed last year.

Infracapital supplied the funding for the energy storage services provider, which also counts Jera and Tokyo Electric Power among its investors.

Eight Roads Ventures and Balderton co-led the BKK-backed renewable energy service provider's most recent round.

The Eni and Saudi Aramco-backed energy storage technology developer has raised series C financing to push its total funding past the $120m mark.

Monthly report: October 2020