Energy

Tobias Hasenjäger has departed from his position as senior investment manager for energy utility VNG’s investment arm, after two years.

Wipro Ventures was given an exit from email security software developer Emailage, which was acquired by LexisNexis Risk Solutions. The sizeable exit is part of the wider cybersecurity space, which has received much attention by corporates over the past decade.

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

Equinor and General Electric-backed oil production software provider Ambyint will put the cash into hiring and product development.

Just ahead of our third annual GCV Israel conference, we take a quick look at corporates’ interest in the rich venturing and innovation scene of Israel.

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

Battery materials developer Advano has secured $18.5m in a round co-led by strategic partner Mitsui Kinzoku SBI Material Innovation Fund.

Sue Siegel, who featured on GCV's Powerlist five times from 2014 to 2019, has won the Lifetime Achievement Award 2020 for service to the venture and innovation ecosystem.

Ahead of our record-breaking GCV Innovation Summit in California this week, we are offering an excerpt from our latest World of Corporate Venturing 2020, analysing data from 2019 and the past decade, where we have combined data from GCV Analytics and data provider PitchBook.

Legal & General returned for a $87m round that will support Tokamak Energy's continual development of its compact fusion power system.

Corporates TD Bank, Equinor and Suncor Energy all signed up to cleantech-focused ArcTern's second venture capital vehicle.