article thumbnail

AI-driven energy startup Octopus hits $2B mark after $200M investment from Tokyo Gas

TechCrunch

billion) after attracting a $200 million (£150 million) investment from Tokyo Gas, for a 9.7% Australia’s Origin Energy is also set to take a stake in Octopus for $50 million (£37 million) following a larger investment in April when Origin bought a 20% stake. You’ve heard of challenger banks? Now meet the challenger energy suppliers.

energy 118
article thumbnail

Rebranded Toyota Ventures invests $300 million in emerging tech and carbon neutrality 

TechCrunch

The fund is commemorating its new identity by investing an additional $300 million in emerging technologies and carbon neutrality via two early-stage funds: the Toyota Ventures Frontier Fund and the Toyota Ventures Climate Fund. . The Frontier Fund is a step outside of mobility.

ventures 124
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Salesforce leads $15M investment in Asian HR tech platform Darwinbox

TechCrunch

This is one of Salesforce Ventures’ rare investments in Asia. Peddi said the startup has always looked up to Salesforce for inspiration, and investment from the enterprise giant is “nothing sort of a child receiving validation from their father,” he said.

investing 123
article thumbnail

New report examines Africa’s growth in the digital economy and VC investment landscape

TechCrunch

The market size of Africa’s digital economy is massive and, if projections go as planned, should top $712 billion by 2050. The report also pinpoints other metrics such as fixed and mobile broadband connections and mobile cellular network coverage. million jobs due to Google’s $1 billion investment in the continent.

VC 97
article thumbnail

Singapore’s InterContinental Energy Attracts $115M Funding from GIC and Hy24

AsiaTechDaily

Register Singapore-based InterContinental Energy has secured $115 million in equity investment to advance its mission of scaling up green hydrogen production. “We launched Hy24 to catalyze the development of the hydrogen industry at scale by investing in hydrogen leaders and entrepreneurs,” stated Hy24 CEO Pierre-Etienne Franc.

energy 98
article thumbnail

TRIREC, INNOPOWER team up for $100m green energy fund

AsiaTechDaily

This strategic partnership will help catalyze the investment in companies that are making substantial contributions towards the global target of achieving a net-zero economy by 2050, according to the announcement.

energy 104
article thumbnail

Korean VC Sopoong closes $8M fund for startups focused on environmental impact

TechCrunch

Two years ago, South Korea unveiled a plan to reach carbon neutrality by 2050. “Two-thirds of the fund will be invested in the environment and climate tech, including renewable energy, agri-tech, and food tech, and the rest will go to the information technology industry investment,” Han said.

VC 99