Energy

After several decades of peaks and troughs, corporate venturers feel they are climbing the slope of enlightenment - by Editor-in-chief James Mawson, news editor Rob Lavine, ?and reporters Kaloyan Andonov, Thierry Heles and Nicole Idar

Exits with corporate investor involvement are consistently larger and becoming more frequent.

Julia Rebholz has joined Corporate Impact-X (CIX), which published a report at the Global Corporate Venturing Symposium last month on practical ways for corporations to follow the Ignite fund set up by UK-based energy utility Centrica.

E.ON and other existing backers have returned to provide fresh funding to the heating installation service.

Mithril Capital Management invested $15m to take the energy storage company's Mitsui and RWE-backed series C round up to $68m.

Existing investor E.ON came back for a round that increased the energy management software developer's overall funding to more than $40m.

Stefan Gabriel, formerly head of advanced materials and manufactured product group 3M's corporate venturing unit for six years, hosted a discussion on CVC data.

After several decades of peaks and troughs, corporate venturers feel they are climbing up the slope of enlightenment.

The sixth annual Global Corporate Venturing awards are a celebration of the industry and how it helps entrepreneurs, the venture ecosystem and parent companies make the world a better place and deliver on their strategic and financial goals.