Petronas has closed a $250m fund for venture capital subsidiary Piva to strike deals in Europe and North America focusing on future energy, industrial and materials technologies.
Arcadia, the operator of a clean energy-sourcing platform for domestic use, boosted its overall equity funding to more than $62m in a Mitsui USA-backed round.
Ucomme has formally filed for a $100m initial public offering, confirming months of reports and putting Beijing Xingpai, Dahong Group, Junfa Group, Prosperity Holdings and Yintai Land in line for exits.
The Indian subsidiary of the consumer goods conglomerate has set up a $27.9m vehicle to invest in sustainable technology developers.
Circulate Capital aims to cut ocean plastic pollution and has lured corporates including Chevron Phillips, PepsiCo, Coca-Cola, Dow Chemicals, Danone, Unilever and Procter and Gamble to its fund.
Consumer Technology Association is among the LPs in the first fund raised by the diversity-focused venture firm, which has closed at an oversubscribed $40.3m.