Koch Industries and Oshkosh are backing a $540m private placement supporting the merger between advanced battery maker Microvast and a special purpose acquisition company.

Tracker Capital Management has led a $42m series C round for Accion Systems, acquiring a majority stake in the MIT-linked company in the process.

NC State spinout Phononic has added $50m to its coffers thanks to a consortium led by Goldman Sachs.

Based on research at University of Bristol, Albotherm’s technology could revolutionise how greenhouses and buildings are cooled.

SoftBank’s Opportunity Fund took part in blockchain payment network Paystand's $50m series C round while Flipkart co-led consumer brand builder G.O.A.T Brand Labs' $36m series A.

Several corporates backed a $68m series D round for microbiome drug developer Vedanta Biosciences while grooming brand owner Pangaea raised the same amount from investors including Unilever.

6 Dimensions Capital-backed neuromodulation technology developer Neuspera closed a $65m round while gene therapy developer Coave Therapeutics hiked its latest round to $39m.

Tekfen, Bunge and Continental Grain have reinvested in the nitrogen fertiliser substitute producer through a series D round repotedly valuing it at almost $2bn.

Softbank Vision Fund 2, ADM, Danone Manifesto Ventures and SK helped the microbial protein developer take its total funding above $500m.

A manager at Sumitomo Chemical America since 2016, Yosuke Nakashima has now accepted a senior manager role.