Astra Group took part in a $41m round for digital bank Yap while GV led artificial intelligence developer platform Modular AI's $30m seed round.

The unit chief left one month after the head of venture funds’ own exit.

Three carmakers helped semiconductor producer CanSemi raise $670m while 574 Invest, RATP Group and Groupe Chopard backed a $167m round for vehicle charging network Electra.

Chanel and Kraft Group were among the investors in Evolved By Nature’s $120m series C round, while Prosus led a $39m series B for Sharebite.

The cinema and kabuki studio’s Shochiku Ventures subsidiary will target virtual reality and entertainment digitalisation technology developers while its sister programme, Shochiku Accelerator, is accepting submissions until August 10.

Siemens and Volkswagen provided $450m for the latter's Electrify America subsidiary while Leaps by Bayer helped push ReCode Therapeutics‘ series B round to $200m.

Bertelsmann India Investments is diving into a growing funding gap for early-stage startups in the country.

Former Experian Ventures investment director Chan Yip Pang has joined Vertex Ventures as an executive director.

Susquehanna Growth Equity has led a $62m series B round for speech-to-text software provider Speechmatics, while Fidelity’s Eight Roads unit led digital asset data aggregator Kaiko's $53m series B.

Prosus helped B2B e-commerce platform ShopUp lift its series B round to $174m while SPIL Ventures co-led a $70m series C for trucking optimisation platform Deliveree.