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.
Month: October 2022
Energy funds are back in vogue
Some 51 new corporate-backed energy funding initiatives were launched in 2021, up from 21 the year before. The trend has continued into 2022.
Wave of job moves amid energy bull market
Oil and gas majors have seen a lot of turnover in senior CVC roles over the past year.
Funding for university energy spinouts surges
The energy sector’s bull market extended into the academic world, with a record number of funding rounds raised last year by energy-related university spinouts. The trend is holding up so far in 2022.
Daily Deal Round Up: October 20, 2022
Alexandria Real Estate-backed Acrivon has filed to go public while H2 Green Steel increased its corporate-backed series B round to $255m.
Munich supercluster points way ahead for CVC industry
What does the road ahead look like for corporate venturing in Europe’s largest economy from the centre of the Dach regional supercluster, Munich? The concerns going into the GCV Connect meeting this week, hosted by reinsurer Munich Re at its headquarters, were of looming clouds. The International Monetary Fund has forecast the German economy will… Continue reading Munich supercluster points way ahead for CVC industry
The battery startups offering alternatives to lithium
New energy storage technologies are charging ahead as the supply of commonly used materials face a supply crunch.
Daily Deal Round Up: October 19, 2022
Chengtun Mining Group took part in Hithium’s $278m series B round while HubSpot Ventures contributed to Jasper’s $125m series A.
London and Munich both ripe to become Europe’s “New Palo Alto”
With a growing number of unicorns and strong research universities, Europe is in a position to create several innovation superclusters.
Daily Deal Round Up: October 18, 2022
Google was among the investors that helped lift Progcap’ series C round to $120m while Okta Ventures boosted Hycu’s $53m series B.
Lenson leaves SoftBank Investment Advisers
Catherine Lenson, the first female managing partner at Softbank, has left the corporate venture arm of the Japanese technology conglomerate.
How insurers are adapting to climate change: 8 things to know
Climate change is creating mounting insurance losses every year, creating a near-existential crisis for the industry. Can tech help?
McBride moves along to M12
M12, a Microsoft Venture Fund, has hired Jason McBride as a partner, after working as the corporation’s director of business development for two years
Daily Deal Round Up: October 17, 2022
Tencent took part in a $400m round for Skydance Media while CrowdStrike helped Vanta hike its series B to $150m.