Energy

Data management software provider Snowflake, which counts Salesforce among its backers, has gone public and its price doubled on the first day of trading.

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

Bonnier contributed to the $170m first close of a the urban farming technology developer's series C round, taking its debt and equity financing to at least $305m.

The corporate is putting $9.4m into Sony Innovation Fund: Environment, which will initially invest in environmental technology developers at seed stage.

SoftBank emerged in the news last week with its sizeable bets in the equity derivative markets in the US. Despite some recent challenges, the telecoms conglomerate has been very active in large venturing deals this year as well.

Equinor has exited wind power technology provider Fos4X in an acquisition by PolyTech that followed at least $12.5m in venture funding.

Microsoft, SKion Water and Ecolab are among the limited partners in Emerald Technology Ventures' latest fund, which will invest $100m in water conservation technologies.

After 13 years heading up Schlumberger's corporate venturing activities, Iain Cooper has departed for a CEO position at gas emissions detection startup SeekOps.

After three years at Centrica, Jonathan Tudor has departed from its Centrica Innovations unit to join Clean Growth Investment Management's Clean Growth Fund.

Nestlé's sustainable packing fund has backed buyout vehicle Closed Loop Leadership Fund, which has a $300m target for its final close.

Special report: pandemic has boosted venture dollars across health AI