Energy

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

Sector analysis: Consumer

Asahi Kasei Ventures took part in a $70m round for food waste technology provider Hazel Technologies while Zoll Medical Corporation bought portfolio company Respicardia.

SafeGuard Cyber has raised $45m in a Cisco-backed debt and equity round while Pine Labs has paid the same amount to buy portfolio company Fave.

Netherlands-listed technology investor Prosus, formed out of the corporate venturing assets collected by South Africa-listed media group Naspers, has sold 2% of China-based gaming and social media group Tencent for $14.7bn.

Orbia Ventures led a round for the battery production technology provider that included TDK Ventures, Trumpf Venture, Doral Energy-Tech Ventures and InMotion Ventures.

The oncology drug developer, backed by Bristol Myers Squibb, secured close to $144m in its IPO. This is an exit from a space that has seen much corporate support over the past decade.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Pegasus Tech Ventures will help the spark plug and ceramic manufacturer back global entrepreneurs working on healthcare, distributed generation and automotive innovation.

National Grid Partners contributed to a $12.5m round for the power line sensor developer having been a customer for three years.

JGC Holdings bacame the latest investor in the modular nuclear reactor technology developer, which is already backed by a number of corporates.