Industrial

The corporate-backed satellite data provider's Jacobs-backed series D round boosted its overall funding to $302m.

The engineering and industrial technology provider plans to invest in up to six companies a year through its newly formed corporate venture capital unit.

Satellite launch vehicle developer ABL Space Systems raised a multimillion dollar series B round, which took its total funding to $420m with a $200m extension to its latest round.

Sector report: Oil & gas Q3 2021

While COP26 is about to start and the representatives of almost 200 countries prepare to gather in Glasgow for what has been described as “the world’s best last chance to get runaway climate change under control”, the energy industry is in the middle of a profound metamorphosis that could radically reshape global power production and transform our relationship with the planet’s natural resources.

Global Energy Council Q4 2021 editorial by James Mawson, editor in chief, Global Corporate Venturing

Hitachi’s chief environmental officer Alistair Dormer gave a keynote on the firm’s commitment to sustainability through innovation.

Cox Enterprises invested in digital media company Axios at a $430m valuation while Bristol Myers Squibb helped enzyme drug developer Nitrase Therapeutics boost its series A round to $45m.