CO2 is the focus but limiting emissions is hard; capturing, using and storing offers opportunities; but critical under investment in innovation
Month: April 2021
Carbon capture investment needed to hit climate change
Global Energy Council Q2 2021 editorial by James Mawson, editor in chief, Global Corporate Venturing
Daily Deal Round Up: April 19, 2021
EV Growth-backed online education platform developer Ruangguru pulled in $55m while ProSieben and Rocket Internet helped open banking platform developer Tink take its total funding to $344m.
National Grid commits $150m to its corporate venture and innovation group
UK-listed utility National Grid has committed a further $150m to its Silicon Valley-based corporate venture and innovation group.
Adagio Therapeutics picks up pace with $336m
GV participated in a series C round that lifted the coronavirus treatment and preventative agent developer’s overall funding to $466m.
Byju’s bolts down billion-dollar round
The Naspers, Tencent and BCC-backed online education provider’s series F round now stands at just over $1.5bn, valuing it at roughly $15bn.
Makesense agrees to PolicyBazaar merger
Info Edge’s Makesense Technologies subsidiary is joining forces with one of its portfolio companies, PolicyBazaar owner PB Fintech, which is also backed by Intel, SoftBank and Tencent.
National Grid entrusts NGP with another $150m
National Grid Partners, which has deployed $227m since it was formed, has been allocated a further $150m for strategic investments.
SimilarWeb sets out IPO filing
Prosus Ventures is in line to exit the digital customer engagement data analysis group – reportedly valued at up to $2bn – which has filed to go public in New York.
TechMet takes in $120m
Mercuria has invested in rare metal provider TechMet, which has now secured $170m in total and which is already planning to raise a further $250m.
Solegreen kicks in $104m for Kuubix
The rooftop solar installer has agreed to raise $50m in equity funding and up to $54m in convertible note financing from solar project developer Solegreen.
C2i Genomics detects $100m
Alexandria Real Estate Equities helped the cancer detection software developer through a convertible note round.
9Unicorns flies to $40m third close
Venture Catalysts’ accelerator has now raised $70m so far and is set to reach a final close by the end of this year.
Corporates acknowledge Now vehicle
GMO, Gree and Vector are among the limited partners in the venture firm’s sophomore fund, which has a $91.8m target for its close.