Series D

Solid Biosciences is merging with Sarepta-backed AavantiBio in a $215m deal while Amazon has formed a minority founder-focused $150m fund.

Braskem has formed a $150m corporate venturing initiative while Saudi Aramco's Prosperity7 Ventures fund took part in SingleStore’s $146m series F2 round.

This week's key deals included Ryan Reynolds' Maximum Effort Holdings helping Bending Spoons raise $340m, while GV moves beyond its algorithm and Milan emerges as a startup hub.

Maximum Effort Holdings was part of a $340m round for Bending Spoons while Tencent and Block took part in Satispay's $310m series D.

This week's most interesting deals included insect-based animal feed and a system that uses kinetic energy to shoot satellites into space.

Allianz and White Mountains Insurance helped Pie Insurance raise $315m while Cargill and ADM chipped into Innovafeed‘s $250m series D round.

SoftBank Vision Fund 2 and Porsche were among the investors in a late-stage round indicating the need for additional cashflow as new vehicle developers see the public markets shut off.

The blockchain technology developer received backing from SoftBank Vision Fund 2, Microsoft and UTA VC in a round more than doubling its valuation to $7bn.

Softbank Vision Fund 2 and AP Moller Holding contributed to the freight management software provider's series D round at a $2.1bn valuation.

Spotter raised the cash in a round led by SoftBank Vision Fund 2, as the new media space evolves to viewing content rights as a viable asset.