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While the rest of the market pulled back investment, GCV data shows that the value of deals backed by energy companies continued to grow in 2022.  

Some 51 new corporate-backed energy funding initiatives were launched in 2021, up from 21 the year before. The trend has continued into 2022.

The energy sector's bull market extended into the academic world, with a record number of funding rounds raised last year by energy-related university spinouts. The trend is holding up so far in 2022.

New energy storage technologies are charging ahead as the supply of commonly used materials face a supply crunch.

Chengtun Mining Group took part in Hithium’s $278m series B round while HubSpot Ventures contributed to Jasper’s $125m series A.

With a growing number of unicorns and strong research universities, Europe is in a position to create several innovation superclusters.

Google was among the investors that helped lift Progcap’ series C round to $120m while Okta Ventures boosted Hycu’s $53m series B.

Climate change is creating mounting insurance losses every year, creating a near-existential crisis for the industry. Can tech help?

China has a policy of superclusters to drive growth and is increasingly incorporating corporate venture capital initiatives into these clusters.

Thomas Reuters and Siemens participated in DataGrail’s $45m series C round while AyoConnect boosted its series B to $25m.

Consumer credit provider FinAccel secured $140m from investors including GMO Payment Gateway while Amgen helped brain disease drug developer Neumora raise $112m.