Energy

The Ideo, Bonnier, JR East, and Demand Analytics-backed urban farm owner has pulled in new equity and debt financing from existing investors.

Honeywell Ventures has hired Giancarlo Savini to identify cleantech deals and help its parent firm strike up commercial agreements with the portfolio companies, similar to his previous job at Shell Ventures.

Ping An and Alphabet-backed health insurer Oscar priced an upsized offering above its range to raise $1.44bn. The offering is part of the broader health space, which has seen many exits in the past years.

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

The utility engagement software provider secured the funding in a round co-led by Schneider Electric and AES Corporation at a $1.5bn valuation.

Arise Industrial Services paid $12m for a 35% share of the carbon emissions certificate provider, valuing it at $34.5m.

Midroc Europe led a round that increzased the wave energy technology developer's total equity funding to $25m.

AI chip developer Horizon Robotics raised a round backed by several automotive manufacturers, taking its overall funding to $900m in the past two months.

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

Eneco is set to exit virtual power plant operator Next Kraftwerke in an acquisition of undisclosed size by Shell.

Chevron Technology Ventures' latest fund will support developers of technology aimed at cutting carbon emissions, and it follows a $100m first vehicle in 2018.