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

KT and Kakao Ventures were part of AI chip developer Rebellions’ $72.8m series A round while Nvent helped provide $35.8m for cooling system provider Iceotope.

Fabio Massuda will now sit across investments and portfolio management at the Brazilian firm.

Legend Capital led a $150m series E round for ClinChoice while Wemix took part in a $31.8m round for Planetarium Labs.

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.

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.

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.

A range of corporates helped hydrogen system developer Electric Hydrogen raise $198m while Shell and Chevron backed fusion energy system developer Zap's $160m series C.

Illumina and Celgene could exit genome researcher Human Longevity in a reverse merger while Openly raised $75m from investors including Advance Venture Partners and Gradient Ventures.

Educational Testing Service was part of a $225m round for digital higher education provider UpGrad while SoftBank helped recruitment software provider Fountain extend its series C to $185m.