Novartis and Cigna Ventures were part of Cleerly’s $192m series C round while Aptos Labs secured $150m from investors including FTX, Circle and Jump Trading.

BAI Capital is the second Asian venture affiliate of the media group to close a huge fund in the past month, having brought on limited partners including internet and insurance groups.

SAIC Motor’s Shang Qi Capital vehicle led RT Advanced Materials’ $740m series D round while Contentsquare pulled in $600m from investors including SoftBank Vision Fund 2.

Intesa Sanpaolo Group helped online property marketplace Casavo pull in over $400m while collaborative robotics developer Jaka raised $150m from investors including SoftBank and Saudi Aramco.

Google, Chevron and Sumitomo were part of fusion power system developer TAE’s $250m series G2 while GMO VenturePartners and Christie's Ventures formed new funds.

Eli Lilly and Illumina took part in liquid biopsy developer Delfi Diagnostics' $225m series B round while Sompo, Yamaha Motor and Bridgestone invested $87.8m in driverless vehicle software provider Tier IV.

NextEra Energy, SK and Mitsubishi Heavy Industries America were part of a $300m round for Monolith while Superscrypt helped Safe secure $100m.

Sanofi, Access Industries and Alphabet helped Areteia Therapeutics raise $350m, and Nordisk Games acquires Supermassive Games.

DeNA and Seibu Holdings helped Allm raise $180m, while several corporates are exiting ViaCyte in a $320m acquisition.

Volkswagen and Ingka Group helped Northvolt secure over $1bn while Dai-ichi Life has led a $120m series C for YuLife.