Energy

Shell Ventures intends to invest the capital over the next six years to support energy technology startups and scale-ups.

EDF Pulse Ventures investment manager Loic Raynal is taking a short-term additional position at private equity firm Eurazeo.

Bank of Montreal provided debt and equity financing for industrial product marketplace Inxeption, which raised $275m, while smart home product maker Orvibo received $158m.

Car leasing service Dishangtie Car Rental completed a $200m series D round featuring Ingka while crypto-asset software producer Lukka raised cash in a corporate-backed round valuing it at $1.3bn.

Cancer diagnostics tech developer Freenome cashed in an additional $290m from returning investor Roche, which will support it as it looks to expand its products to additional cancers.

UK-based sales software providers Highspot and Cognism both scored funding in late-stage rounds, with Salesforce Ventures, Axa Venture Partners and Swisscom Ventures among the investors.

SoftBank led 5G chip developer Eigencomm's $157m series C round while smart bank Seba Bank raised $120m in its own series C, which included Alameda Research.

Synthetic DNA producer DNA Script and personalised health plan provider Transcarent each closed $200m corporate-backed series C rounds.

2021 registered record figures in the realm of corporate venturing.

Manulife and Shell helped the solar power provider raise the cash as Exelon-backed residential solar energy supplier PosiGen secured $100m, showing continuing interest in the solar power space.

Battery cell technology developer StoreDot has raised $60m of a targeted $80m, with carmaker VinFast leading the round as it looks to go all-electric.