Energy

Mitsubishi was among the latest investors in the charging technology provider, joining the likes of Foxconn, Intel, Toyota, Haier, Delta, Schlumberger, Systech and Omar Zawawi Group.

Expected budget for European Innovation Council of €3.5-4bn to entrepreneurs less than planned €10bn over the 2021-2027 period

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

DIP Labor Force Solution and Marui have participated in a $14.3m round for the blockchain-powered electricity marketplace also called MinDen, lifting its total funding to nearly $29m.

Alibaba´s financial subsidiary Ant has received approval from regulators which will allow a dual listing on the Shanghai and Hong Kong stock exchanges and enable it to raise up to $35bn at a reported valuation of $250bn.

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

Tom Whitehouse, CEO at Leif Capital, moderated a discussion comparing cleantech investment with the first decade after the millennium.

Kaloyan Andonov of GCV spoke with Tomas Kėbla, principal at Contrarian Ventures, which is backed by energy group Ignitis, the largest in the Baltics region. Not only is Contrarian Ventures interested in the hydrogen space but its team has drawn a detailed map of the landscape.

Formed in the Big Bang, hydrogen is the most abundant element in the known universe and believed to comprise about 75% of matter. Hydrogen, therefore, is seen as one of the key elements in targeting net zero carbon emissions.

It is not an exaggeration to say that 2020 has been an eventful year for the oil and gas industry.

Barbara Burger is head of Chevron Technology Ventures (CTV) and past chair of the Global Corporate Venturing Global Energy Council formed out of the oil and gas quarterly report, sponsored by Chevron, to include and incorporate others within the energy mix, such as utilities and the main customers.