Alex Sion, formerly head of market growth at Citi Ventures, has taken up a managing director role at Motive Create.

FTX-backed PayUp agreed to merge with IG Acquisition while multiple corporates participated in Line Man Wongnai’s $265m series B round.

Mayank Taneja, the new vice-president of OSF Ventures, takes a deep dive with GCV into the way his team works.

Karinne Bredberg has been promoted to director of innovation in Northern Illinois University’s Division of Research and Innovation Partnerships.

RxCelerate took part in Rivus Pharmaceuticals’ $132m series B round while Bank of America and Citi backed AccessFintech’s $60m series C.

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

Brevan Howard Digital has led a $35m series B round for Messari while Robert Bosch Venture Capital participated in Tulu’s $25m series A.

S Ventures will fund data and security technology developers and is led by Rob Salvagno, the former head of Cisco Investments.

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

Teri Willey, whose long list of accomplishments includes founding Cambridge Enterprise, will step down in November this year to focus on other projects.