News

May 31, 2023

French oil giant TotalEnergies sells entire climate tech portfolio

The move goes against the trend of rising appetite from oil and gas companies in backing climate tech startups.

Freya Pratty

2 min read

French oil and gas giant TotalEnergies has closed its CVC arm, TotalEnergies Ventures, and sold its portfolio of climate tech startups to Paris-based VC firm Aster.

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Freya Pratty

Freya Pratty is a senior reporter and investigations lead at Sifted. Follow her on X , LinkedIn and Bluesky

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