Energy

Solar system provider Bboxx completed a round led by Mitsubishi. This year we have seen a revival of corporate-backed deals in the solar energy tech space, which registered a slowdown last year.

Baywa RE Energy Ventures and Inven Capital co-led a series B round for the solar system supplier that included existing backer Statkraft Ventures.

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

The solar system provider closed a series D round led by Mitsubishi that included existing backer Engie Rassembleurs d’Energies.

Grid-scale energy storage developer Form Energy has closed a series B round led by Eni Next that will fund a prototype of its lithium-sulphur battery.

True Incube has launched the application process for its sixth cohort and is again looking for startups that offer synergies with the corporate and its parent, Charoen Pokphand Group.

SoftBank-backed genome medical research tech provider 10x Genomics, previously backed by SoftBank, filed to go public. This may be a notable exit in burgeoning genomics and gene technology space, which has seen much corporate backing in recent years.

Several corporate venturers have backed IoT company Terminus Technologies in a $283m series C1 round. This nine-figure round comes to confirm an upward trend in valuations of such enterprises we have been observing for years.

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