Strong branding helped give a canned water producer reach a $700m valuation while the promise of long-term energy storage fueled a $450m mega round.

Q2 Holdings has acquired National Bank of Canada and OpenText-backed Sensibill while ArcelorMittal's XCarb unit was part of Form Energy’s $450m series E round.

Solid Biosciences is merging with Sarepta-backed AavantiBio in a $215m deal while Amazon has formed a minority founder-focused $150m fund.

As ArcelorMittal's XCarb Innovation Fund backs Form Energy's $450m series E round, its head tells us why the unit is targeting clean energy, hydrogen and smart carbon technology.

Braskem has formed a $150m corporate venturing initiative while Saudi Aramco's Prosperity7 Ventures fund took part in SingleStore’s $146m series F2 round.

General Mills was among the investors in a $120m round for GrubMarket while Polaris and Hero MotoCorp helped Zero Motorcycles raise $107m.

This week's key deals included Ryan Reynolds' Maximum Effort Holdings helping Bending Spoons raise $340m, while GV moves beyond its algorithm and Milan emerges as a startup hub.

Maximum Effort Holdings was part of a $340m round for Bending Spoons while Tencent and Block took part in Satispay's $310m series D.

Tata Digital provided $200m for BigBasket while Convivialité Ventures took part in an $80m series B round for Not So Dark.

FTX-backed PayUp agreed to merge with IG Acquisition while multiple corporates participated in Line Man Wongnai’s $265m series B round.