Energy

Citi and Alphabet-backed real estate portal HomeLight raised $63m in a series C round and an additional $46m in debt financing. The deal is part of the burgeoning real estate tech space, which has seen much corporate attention in recent years.

Canada Pension Plan Investment Board has injected $45m into Sila Nanotechnologies, six months after Daimler led a $170m series E round.

SoftBank invested $655m in supply chain finance provider Greensill. The deal is part of the burgeoning alternative lending space within fintech.

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

The energy storage system producer raised $30m in a round co-led by SoftBank subsidiary SB Energy that also featured PTT Global, Evergy and BASF.

The big data platform Databricks raised $400m reportedly at $6.2bn valuation, with the backing of Microsoft. The company forms part of the broader big data tech space, in which corporates have been heavily investing over recent years.

Thurston Cromwell has moved up from a director of development position at Emerson to a vice-president of corporate development role.

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

The petroleum producer has transferred its corporate VC portfolio to a unit called Total Carbon Neutrality Ventures that will invest up to $400m in the next five years.

Sunfolding, a former participant in an R/GA Ventures and Macquarie-backed accelerator, will use the series B funding to build out its solar tracker business.