Energy

Doral Energy-Tech Ventures to invest $15.3m during its first year.

Samsung Engineering is planning to actively develop blue hydrogen, carbon capture and plastic recycling technology and wants the CVC portfolio companies to help.

Adiari Vazquez had previously spent a year as a UK-based associate at Next47.

General Motors led a series D round for the lithium-metal battery technology developer that included SAIC Motor, SK Group and Applied Materials.

Q1 analysis: Venturing deals still concentrated in non-core areas, more exits reported in the first quarter, average deal size dropped slightly

CO2 is the focus but limiting emissions is hard; capturing, using and storing offers opportunities; but critical under investment in innovation

EV Growth-backed online education platform developer Ruangguru pulled in $55m while ProSieben and Rocket Internet helped open banking platform developer Tink take its total funding to $344m.

National Grid Partners, which has deployed $227m since it was formed, has been allocated a further $150m for strategic investments.

Mercuria has invested in rare metal provider TechMet, which has now secured $170m in total and which is already planning to raise a further $250m.

The rooftop solar installer has agreed to raise $50m in equity funding and up to $54m in convertible note financing from solar project developer Solegreen.

TDK Ventures and XTX Ventures participated in a sizeable round raised by the advanced computing technology provider Groq at a unicorn valuation. The company is part of the larger artificial intelligence (AI) space, which has seen much and sustained interest by corporates in recent years.