Energy

In this piece, we take a quick peak at the still limited but growing corporate-backed deal flow in Africa-based companies.

Petronas has closed a $250m fund for venture capital subsidiary Piva to strike deals in Europe and North America focusing on future energy, industrial and materials technologies.

The Polish government-controlled energy utility has set aside more than $25m to invest in growth-stage renewable technology developers.

Arcadia, the operator of a clean energy-sourcing platform for domestic use, boosted its overall equity funding to more than $62m in a Mitsui USA-backed round.

The number of acquisitions of companies that have received corporate backing had been decreasing over the past few years but by the end of October this year it registered a rebound.

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

Caterpillar, J-Power and South32 joined several existing corporate backers, as the venture firm's RoboValley Fund moves towards a $120m target.

The number of flotations of companies that have previously received corporate backing has been growing over the past years but by the end of 2019 they may register a slight slowdown.

KarmSolar has raised an amount previously reported to be up to $25m from EDF's renewable energy subsidiary as part of the latter's North African push.

Amperex, SDK, Cabot Corporation and BASF Venture Capital all invested, as the battery materials developer disclosed funding that will be used to beef up manufacturing.

As we are about to close our current annual survey, we take a peek at some of the insights provided by last year’s survey.