BYD, CATL and PetroChina’s Kunlun Capital vehicle were among the investors in a round valuing the lithium-ion battery material producer at $1.5bn.

SoftBank Ventures Asia is reportedly among the firms investing in the owner of interior design app Today’s House at a $1.45bn valuation.

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.

Appliance management app developer Fresco's $20m round was co-led by Vorwerk and Instant Brands while NBCUniversal and Hearst helped media measurement software provider TVScientific raise $20m.

The cricket-themed NFT platform developer pulled in a nine-figure sum through a round led by Dream Sports and backed by Animoca Brands.

GCV Rising Star and former principal at Gree Ventures Albert Shyy has left his MD position at Burda Principal Investments for a similar role at investment group Eurazeo.

Innovative region: Japan

SK Hynix, Marvell and M12 helped data centre technology producer D-Matrix pull in $44m while health insurance provider SafetyWing raised $35m from investors including Digital Garage and CreditEase.

Prosus co-led the restaurant management software provider’s latest round, which will support its international expansion.

The insurance provider's Future Fund will be run by venture firm World Innovation Lab’s US-based team to identify and support early-stage entrepreneurs.