Energy

Mobile payment platform PayPay raised $419m in funding from SoftBank. This is a deal from a space that has seen much growth in terms of the corporate-backed deal flow in recent years.

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

Alexander Hain has departed from Wincubator after nearly three years to take up a senior venture development manager position at Vattenfall’s open innovation unit, Greenfield.

One of GCV's 2019 Rising Stars, Andrea Course, has left her venture principal position at Schlumberger to take on the same role at Shell Ventures.

Evergy is set to exit utilities management software provider EnergySavvy in an acquisition by Tendril, following some $27m of funding.

Meat substitute developer Beyond Meat, which has received backing from two corporate venturers, went public.

Alchemist Accelerator has picked out 20 startup companies for its 21st cohort, as it raised $4m of capital from BASF Venture Capital and Qatar Development Bank.

AgFunder plans to establish an accelerator in Southeast Asia in addition to two corporate venturing funds to invest in the participants.

The autonomous vehicle spin-off has been backed by three corporates Toyota, SoftBank and Denso that have agreed to invest $1bn

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

BASF Ventures is among the LPs for the second fund to be formed by the agriculture-focused venture capital firm, whose first fund was anchored by Godrej Agrovet.