The oil substitute technology developer is looking to disrupt vegetable oil supply chains with backing from Virgin Group.

Q&A with Harrie Vollaard, managing director, Rabo Frontier Ventures

Constuction materials marketplace RenoRun's $142m Schneider Electric-backed series B round headed up some large rounds for Canadian companies also including League and Ekona Power.

Solana and Jump Trading helped crypto wallet developer Phantom secure $109m while HR software provider Gupy netted $93.1m in a round co-led by SoftBank.

SoftBank led digital pharmacy Alto's $200m series E round as well as a $130m series B round for rent data software provider Esusu.

SoftBank Vision Fund 2 helped blockchain technology provider Blockdaemon close a $207m series C round while Qualcomm-backed audio equipment brand BoAt is targeting $246m in its flotation.

SoftBank's Vision Funds took part in a $260m series F round for online finance provider Creditas and led last-mile delivery service Paack's $225m series D.

Anhui Jiangnan Construction Investment Group helped commercial rocket developer Galactic Energy secure $200m while off-road vehicle developer Rox raised $100m in a Tencent-led round.

Razorpay is reportedly eyeing the possibility of acquiring Amex-backed Ezetap while Sayata and Spectrum Labs were among the companies that received corporate backing.

Mercedes-Benz and Stellantis have backed the solid-state battery developer, having disclosed strategic agreements a month ago.