Energy

Google, Exelon, Avista, Equinor and TotalEnergies all invested in a series C round for renewable transaction platform developer LevelTen.

Ferrovial and Mitsui Fudosan helped mobility platform developer Maas Global hike its latest round to nearly $46m while automotive technology developer Visic Technologies raised $35m.

ArcelorMittal’s XCarb vehicle led the energy storage technology producer's latest round, which has been upsized from $200m and which includes Eni Next.

SoftBank Vision Fund and Saudi Aramco Energy Ventures partcipated in a series C round that will fund the roll out of Energy Vault's grid-scale energy storage systems.

Over the past few years, roughly a fifth to a quarter of all corporate investors whose deals we track appear to be newcomers.

M12 backed three deals in recent days, including a $50m series D round for Split.io that also featured fellow corporates Atlassian and ServiceNow.

The Nio and Xiaomi-backed EV charging platform has added another tranche to its series E round, bringing it to $608m.

The Mitsubishi-backed solar energy developer has attracted $240m from Generate Capital, three years after its last equity round.

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.