Energy

This is our data snapshot based on last month’s investment activity. The charts and tables have been generated by our data platform GCV Analytics.

Palo Alto Networks agreed to buy cybersecurity orchestration platform Demisto for a mixture of cash and stock, highlighting the potential of the vibrant cybersecurity space

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

Tepco Power Grid and Jera, both of which represent Tokyo Electric Power, have provided $32.3m in funding for the battery storage provider.

The electricity-to-hydrogen technology developer has secured $12.4m in a round featuring Air Liquide subsidiary Aliad to fund production of its storage units.

Mitsui led a $16.8m round for the green energy and clean energy product supplier, investing together with undisclosed existing backers.

Rabo Frontier Ventures now has $170m under management to invest in fintech and agtech developers, and will expand its focus internationally.

Sonnen is set to be acquired by existing investor Shell for an undisclosed sum, while General Electric, Envision Energy and Inven Capital will also exit.

The Statkraft-backed energy management software producer has secured $13.1m series B funding from financial services firm BNP Paribas and Set Ventures.

Tencent made a significant cash commitment by leading a round raised by online social forum Reddit at $3bn post-money valuation