Energy

Most of the BP Ventures capital will be deployed in clean energy investments that are designed to help the UK oil and gas major reach its 2050 net zero emissions goal.

The unnamed fund will invest in startups promoting sustainability and tackling issues around single use plastics, textiles and wood construction.

After spending at decade at NextEra Energy Resources, Gregory Irwin has announced that he will be joining automation company Hut 8.

LG Group's corporate venture capital unit has launched a new fund to back startups that are part of the energy transition.

Most VC-backed funding rounds in Texas have historically been early stage startup financings.

China-based CVCs have returned to backing large startup financing rounds, helping to boost deal volume in China as foreign investors exit the country.

After spending a year as Baker Hughes's New Venture Group's senior deal lead, Kai Martin has been hired by Shell Ventures as its new investment manager.

The $53bn US incentive package has so far had less impact on the semiconductor industry than expected. But as generative AI unleashes a wave of investment in new types of chipmakers, the act will influence where the money goes.

Deal count was up in energy and transportation among an overall decline in corporate-backed venture funding.

The Japanese startup has created battery technology that replaces the need for rare earth metals in fuel cell vehicles.

EnBW New Ventures managing director Crispin Leick talks about why CVCs should focus on financial performance and become limited partners in other funds.