Energy

Econos was among the LPs that have committed to the green search engine provider’s venture capital vehicle, which is set to reach a first close early next year.

N26, which counts corporates among its previous backers, raised a sizeable round at a $9bn valuation. This round comes to underscore the growth in valuations we have been seeing in the fintech space.

Digital health drives healthcare investments to record heights

Battery swapping service Sun Mobility closed $50m in funding from Vitol while Sinopharm-backed drug developer Sinotau raised the same amount in a series D-plus round.

Schneider Electric has returned to reinvest in the energy management platform operator’s latest round, which also featured GS Group, National Grid, Shell, SolarEdge and TotalEnergies.

Monthly data: September 2021

Quarterly data: Q3 2021

Innovative region: Brazil

Sector report: Oil and gas

For many of the attendees at the Global Corporate Venturing and Innovation Summit 2021 held late last month in Monterey, California, the conference was their first in-real life (IRL) event since the pandemic effectively stopped them in the first quarter last year after the previous summit.

Corporate-backed communications monetisation technology developer Matrixx Software raised $50m from Francisco Partners while cancer drug developer Abalos took the same in a BIVF-backed round.