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Cathay-backed start-up Drivy is acquired by Getaround for USD 300 million

Drivy joins Getaround, the leading car sharing platform in the USA, giving birth to a new global champion. More than 5 million people use Drivy and Getaround, sharing a combined fleet of over 62,000 cars, 11,000 of which are self-service and connected with keyless unlocking technology.


Total Ventures becomes a founding partner of the Cathay Smart Energy Fund

Total Ventures and Cathay Capital have signed a Heads of Agreement to launch the Cathay Smart Energy Fund, an investment fund dedicated to energy in China. It will focus on emerging technologies and new business models, notably renewables, energy internet, storage, distributed energy, smart energy and low carbon activities.


Sunfire scores EUR 25 million to produce green hydrogen for the steel industry

Sunfire, a Dresden-founded developer and manufacturer of electrolysers and fuel cells, has raised EUR 25 million in a funding round led by Paul Wurth S.A., with participation from INVEN Capital, Idinvest Partners, and Total Ventures.


Tado° raises USD 50 million in new financing round

Tado°, the leader in intelligent home climate management, attracts USD 50 million in international investment from Amazon, E.ON, Total Ventures, Energy Innovation Capital, Inven Capital, the European Investment Bank and others to bring total funding to USD 102 million.


Total Ventures enters partnership agreement with Nio Capital

Total Ventures and NIO Capital have signed an agreement to cooperate and invest in the mobility sector in China, notably in areas such as electric vehicles (EVs), autonomous driving and intelligent systems, connected vehicles and mobility services.