Energy

Sector report: finance

Hear how the industry will evolve at special webinars on February 9 and 10.

Despite being the first year spent entirely during the pandemic, 2021 underlined the strengths of the ecosystem with spinouts raising nearly $39.2bn.

Baidu and Geely committed $400m to Jidu, their joint venture from the hot electric vehicle space. The proceeds from this latest transaction will go to R&D and mass production of cars.

Luca Maria Rossi set up the New Frontiers unit in late 2020.

SoftBank led digital pharmacy Alto's $200m series E round as well as a $130m series B round for rent data software provider Esusu.

Ørjan Aukland had spent two-and-a-half years as head of corporate M&A and corporate venturing at industrial group Lyse before joining GreenCap last August.

SoftBank Vision Fund 2 helped blockchain technology provider Blockdaemon close a $207m series C round while Qualcomm-backed audio equipment brand BoAt is targeting $246m in its flotation.

Q&A with Fernando Impuesto, general manager; Emilio Martínez, head of open innovation and corporate venturing; and Sergio García, head of venture building, Enagás Emprende

As the pandemic continues to drive funding for supply chain companies, logistics robotics company Exotec raised a multimillion-dollar round at unicorn valuation.

SoftBank Vision Fund 2 helped revenue growth technology provider 6sense close a $200m series E round at a $5.2bn valuation, cash used to acquire Gree-backed sales software developer Saleswhale.