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

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.  

Alexandria Real Estate-backed Acrivon has filed to go public while H2 Green Steel increased its corporate-backed series B round to $255m.

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

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?

Tencent took part in a $400m round for Skydance Media while CrowdStrike helped Vanta hike its series B to $150m.

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

Rakuten-backed Base Food is set to list on TSE’s Growth Market in an IPO valuing it at $329m while Mitsui was part of a $400m round for Yellow Door Energy.

Salesforce, ANZ and Tencent helped Airwallex boost its series E round to $300m while Hermes-Epitek chipped into a $30m series A for Ochre Bio.