Energy

August is always a quiet year for corporate-backed startup rounds but last month's deals still exceeded the same period in 2024.

Encevo, Verbund and EnBW are among the energy utilities that chipped in as European electrification-focused Vireo Ventures reached a final close of its debut fund.

Rachael Reid and Costantino Mariella spent several years as investors in corporate venture capital before moving to the UK economic development bank.

Six spinout technologies — from lab-grown meat to satellite tech — that have come from UK universities usually overlooked by investors.

After two years as partner at Jera Ventures, Tim Romero will be going to a part-time advisory role at the end of August.

The percentage of corporate-backed VC funding for US cleantech startups fell to its lowest quarterly level over the past four years.

Taesa Ventures will seek to invest in startups making advances in the electricity sector.

Increases in corporate-backed funding rounds in IT and industrial startups have driven dealmaking to a post-tech investment boom high in July.

For an early-stage investor it makes sense to use secondary sales to rotate out of some more mature startup holdings as a matter of course, says portfolio manager Davide Romeo Nanni.

While the full picture might be bleak with historic issues still present, investors are opening up to practical grid innovations.

Ammonia-to-clean power startup Amogy is expanding in Asia where demand for its technology is growing for powering AI and data centres.