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.

The vehicle charging technology spinout of MIT has secured a further $18m for a Mitsubishi-backed round.

University of Cologne’s virtual power plant operator Next Kraftwerke has agreed to an acquisition of undisclosed size by Shell.

The vehicle charging technology developer, a spinout from MIT, has secured a further $18m for a Mitsubishi-backed round.

Sinar Mas has exited the supply chain platform developer in a purchase by Warung Pintar that follows approximately $12m in funding.

Stellantis, EDF, Mainova, RATP, Total, Duisport and Sansiri are among the investors committed to Eurazeo’s second smart city fund.

Monthly report: January 2021

Sector focus: services

Airbus Ventures-backed space launch services provider Astra will get a listing on the Nasdaq Capital Market through the deal.

Punching above its weight, the small northern country is a hotbed for innovation.

EDF, Siemens and Honda scored exits as the EV charging services provider was bought by Shell for an undisclosed sum.

People moving less and using digital communication tools creates different challenges for real estate investors.

State of the market

Comment from Vinod Kala and Joydeep Bose, Asia Energy Labs

Comment from Vivek Wadhwa, distinguished fellow, Harvard Law School’s Labor and Worklife Program

It is expensive to build cars, especially electric ones with few signs they can be profitable outside selling carbon offset credits to polluters.

Comment from Héctor Shibata, director of investments and portfolio, ACV, adjunct professor for entrepreneurial finance, Monterrey Tech, and Ana Maury Aguilar Investment analyst, ACV

If the sector can weather the economic storm, it has huge potential.

Fabrics trading platform developer Baibu has closed a series C-plus round led by GLP subsidiary Hidden Capital and has now raised $540m inside three years.