Energy

A Hanwha subsidiary will take an 8.8% stake in the UK-based satellite connectivity provider OneWeb, helping it increase its funding to $2.7bn since it has resurrected from bankruptcy.

Siemens Next47 helped sales tool developer Aforza secure $22m while cosmetics brand Sparty raised $18m from investors including Akatsuki and Marui Group.

Reliance New Energy Solar helped the renewable energy battery developer raise funding that will be used to expand its manufacturing capabilities.

Leyaoyao raised a nine-digit yuan amount from investors including 37 Interactive Entertainment while Lockheed Martin and Booz Allen Hamilton contributed to AI developer Latent AI's series A round.

SoftBank’s Vision Fund returned to back the e-commerce business in a $1bn round. Our data suggest upward pressure on valuations in this space as well.

The fund, which counts several corporates among its limited partners, will back underrepresented entrepreneurs and communities advancing the low carbon economy.

Avista Utilities, Black Hills, NiSource, Southwest Gas and Spire have all backed Energy Capital Ventures' $45m first fund.

JD Health has backed a $93m series D round for Rimag, while a couple of India-based startups delivered exits.

Q&A with Antoine Delafargue, MD & CTO, Total Carbon Neutrality Ventures

The money was split across series A and A-plus rounds and came from investors including Chint and Sinopec.

Pulse Medical and BioMap are among the companies that raised nine-figure rounds, while Amwell bought two corporate-backed companies at once.