Cable One provided $50m for Ziply Fiber while Mercuria co-led a series C round the same size for The Mobility House.

Paragon Biosciences was part of Emalex Biosciences’ $250m series D while CMA CGM and AP Moller participated in an $80m round for Project44.

Whether the downturn is a 6-month blip or lasts several years, "it’s a time to be in the game" says CVC veteran Pieter Wolters of DSM Venturing.

Databricks, Dell, HPE and Salesforce were all part of Alation’s $123m series E round while Alphabet took part in AMP Robotics’ $91m series C.

Sumitomo Corporation of Americas took part in ColdQuanta’s $100m series B round while Tesi provided $31.6m in series B funding for VoltAero.

Geely's subsidiary, GLy Capital Management of Hong Kong participated in Volocopter's $182m extended series E round, with Neom, the Saudi Arabia-based sovereign wealth fund leading the financing

Mart Maasik is the head of University of Tartu’s Entrepreneurship and Innovation Centre, but will also remain head of UniTartu Ventures.

CasInvent Pharma’s approach is aimed at three forms of cancer rather than just one, with leukaemia, lymphoma and solid tumours all in its sights.

Parin Shah’s interim position came after the unit announced its closer integration with Lego’s parent firm, Kirkbi.

Sumitomo participated in Zebra Labs’ $5m round while investors including FTX Ventures and Aptos provided $3m in pre-seed funding for Martian.