In the run-up to the float, Porche's investment arm had invested in 18 companies, from hypercars to EV batteries and even bikes.

M12 has co-led a $34m round for Ox Security’s while SoftBank-backed Solfácil has upped its series C to $130m.

GCV Rising Star Ademidum (Demi) Edosomwan has left TotalEnergies Ventures after more than three years at the CVC unit.

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.

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.

The UK government aims to leverage institutional investment including potentially in corporate vehicles.

RxCelerate took part in Rivus Pharmaceuticals’ $132m series B round while Bank of America and Citi backed AccessFintech’s $60m series C.

This week's most interesting deals included insect-based animal feed and a system that uses kinetic energy to shoot satellites into space.

Brevan Howard Digital has led a $35m series B round for Messari while Robert Bosch Venture Capital participated in Tulu’s $25m series A.