Energy

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.

E-commerce platform developer Olist added $23m to a SoftBank-backed round now topping $80m, while Waters Corporation-backed TetraScience closed its series B at $80m.