Energy

Energy company Chevron's strategic investment arm recently passed its 20th anniversary and has launched its latest fund, which is sized at $90m.

TerViva, which grows oil and protein-producing trees, has received series D funding from investors including existing strategic backer Evans Properties.

Dai-ichi Life has supplied $9m for the fund, which is targeting technologies such as renewable energy, electric vehicles and energy storage.

CPFL Energia’s strategy and innovation specialist Danilo Leite has been hired by peer Votorantim Energia as an innovation manager.

The SoftBank´s Vision Fund participated in a $300m round of robotics tech provider CloudMinds. This is a deal in the wider robotics and drones space, which has seen much growth 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.

Equinox, Exelon, Albemarle and Hanon Systems have helped establish a battery technology fund called Volta Energy Technologies which is supported by a research agreement with Argonne National Laboratory.

Chevron, Occidental Petroleum, BHP and Bethel Lands all invested in a round that will fund further testing of Carbon Enginnering's carbon capture technology.

The two rivalling US-based ride hailing platforms Uber and Lyft, both counting many corporates among their backers, are preparing to float on public markets in the coming weeks, with the valuations of the two combined likely to stand well above $100bn

The semiconductor technology producer paid an undisclosed sum for an 18% stake in solar film developer Oxford PV, which closed the first tranche of its series D round last week.

Innogy's corporate venturing unit has offloaded its stake in heat exchanger producer Airec to Alfa Laval and Sveper Heat Transfer.