Energy

As the month of August draws to a close, last week we reported several initial public offerings (IPOs) which are lined up for the coming weeks along with some notable ones that have already taken place.

Total Energy Ventures helped the utility-scale energy meter provider close a round that will support the launch of its latest software product.

US-based business finance provider Kabbage, which has a host of corporates as backers, will be acquired by payment processing firm American Express.

The solar tracking technology provider is aiming for $207m in an IPO on Shanghai's Star Market having raised money in a Risen Solar-backed round last year.

Amid the covid-19 pandemic, interest in life sciences is now perhaps at its highest. This is true in corporate venture capital and three of the multimillion-dollar stories we reported in mid-August corroborate this.

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

Shell is set to exit the energy storage platform developer in an acquisition by Q Cells, which is already utilising its technology.

The number of corporate-backed companies going public declined in 2019, despite some major IPOs like those of Uber, Lyft and Slack.

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

Evergy Ventures and Shell Ventures contributed to the latest round for clean energy equipment and energy management software provider Palmetto.

American Electric Power and Chevron Technology Ventures were among the existing investors that helped the EV charging service boost its overall funding to $667m.