Industrial

The Global Corporate Venturing deal net rounds up the smaller investments from across the corporate innovation ecosystem.

The Global Corporate Venturing deal net rounds up the smaller investments from across the corporate innovation ecosystem.

Several China-based corporate venture investors backed a large round valuing lithium-ion battery Shanghai Shanshan material producer at $1.5bn. The deal highlights the importance of battery technologies not only for the emerging kind of mobility applications but for the process of energy transition as a whole.

The Global Corporate Venturing deal net rounds up the smaller investments from across the corporate innovation ecosystem.

Fresh funding for the EV battery company comes as Chinese automotive players are ramping up mobility investment efforts.

Automaker Porsche has led the SK Materials, Amperex, Showa Denko Cabot and BASF-backed EV battery technology provider’s fresh round to help advance the EV industry.

The Global Corporate Venturing deal net rounds up the smaller investments from across the corporate innovation ecosystem.

Meituan co-led the unmanned forklift producer’s series C-plus round, which came seven months after a first close that featured ByteDance and Lenovo.

Migdal and Menora Mivtachim helped renewable energy infrastructure developer Fu-Gen with fresh funding which will help expand its operations in the UK and Finland. This is a deal from the renewable energy space, which continues to see much momentum in the context of energy transition.

Content personalisation technology provider Movable Ink and carbon-negative concrete developer Brimstone each raised $55m, with Intel and Amazon respectively among the investors.

Call centre software producer Replicant closed a $78m series B round backed by Salesforce Ventures while Ashvattha Therapeutics raised $69m from investors including strategic partner Huadong Medicine.