Total power industry venture financing deals in Q3 2020 worth $514.08m were announced globally, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

The value marked an increase of 0.1% over the previous quarter and a drop of 15.1% when compared with the last four-quarter average, which stood at $606.18m.

Comparing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $328.92m. At the country level, the US topped the list in terms of deal value at $322.59m.

In terms of volumes, North America emerged as the top region for power industry venture financing deals globally, followed by Europe and then Asia-Pacific.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The top country in terms of venture financing deals activity in Q3 2020 was the US with 34 deals, followed by the UK with seven and Canada with five.

In 2020, as of the end of Q3 2020, power venture financing deals worth $1.41bn were announced globally, marking a decrease of 74.1% year on year.

Power industry venture financing deals in Q3 2020: Top deals

The top five power industry venture financing deals accounted for 47.9% of the overall value during Q3 2020.

The combined value of the top five power venture financing deals stood at $246m, against the overall value of $514.08m recorded for the month.

The top five power industry deals of Q3 2020 tracked by GlobalData were:

1) American Electric PowerInc, Braemar Energy Ventures, Canada Pension Plan Investment Board, Chevron Technology Ventures, ClearVision Equity Partners, GIC, Linse Capital and Quantum Energy Partners’ $127m venture financing of ChargePoint

2) The $35m venture financing of Natron Energy by ABB Technology Ventures, Chevron Technology Ventures, Khosla Ventures, NanoDimension Capital, Prelude Ventures and Volta Energy Technologies

3) U.S. International Development Finance's $35m venture financing of Lumos Global

4) The $29m venture financing of Palmetto Solar by ArcTern Ventures, BoxGroup, Evergy Ventures, Falkon Ventures, Greycroft Ventures, Lerer Hippeau Ventures and Shell Ventures

5) T. J. Rodgers’ venture financing of Enovix for $20m.

Verdict deals analysis methodology

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term 'acquisition' refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.