Corporate-backed Gorillas was bought for just $1.2bn and, together with competitor Oda's $151m down round, it looks like winter is here for grocery delivery services.

NCSoft invested $15m in Mysten Labs to take the latter’s series B round to $300m while Porsche backed Xanadu’s $100m series C.

There is no let-up yet in the investor pullback, but a series of big energy fundraises helped keep total deal value from falling further.

Suzano and Yara participated in Agrolend’s $145m latest round while Xencor contributed to Zenas BioPharma’s $118m series B.

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.

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.

Octopus Energy Generation invested $127m in Be.EV while Centene Corporation and HopeLab took part in Hazel Health’s $51.1m series C1 round.

Battery recycler Ascend Elements and Geely spinoff Farizon each raised $300m while Saudi Aramco launched a $1.5bn Sustainability Fund.