Klarna's 83% drop in valuation to $6.7bn is the most visible harbinger of a buy now, pay later sector suffering from defaults and competition - some from the same corporates investing there.

Volkswagen and Ingka Group helped Northvolt secure over $1bn while Dai-ichi Life has led a $120m series C for YuLife.

SoftBank Vision Fund 2 and Porsche were among the investors in a late-stage round indicating the need for additional cashflow as new vehicle developers see the public markets shut off.

Capital One Ventures, Snowflake Ventures, Verizon Ventures and Wipro Ventures were all named as participants in a round for the cloud security software provider sized above $1bn.

The energy recycling technology provider received backing from Mitsui and DRW in a round totalling $505m in equity and debt financing.

Swiggy helped boost Rapido's valuation to $800m in a round that featured Shell Ventures and TVS Motor. This is a deal of a rather surprising size and valuation in a space that has not been as hot over the past years, as far as corporate-backed deals are concerned.

Sony and Lego owner Kirkbi each supplied $1bn in funding for the video game publisher and technology provider, valuing it at $31.5bn.

The sports gear retailer has disclosed its largest round was led by the NFL and included the MLB, NHL and Paris Saint-Germain, at a $27bn valuation.

Swiss Re was among the participants in a round which pushed the carbon capture system developer's overall financing past the $800m mark.

Hillhouse Investment and Warburg Pincus are co-leading a series B round for the real estate manager and services provider, a spinoff from JD.com.