Financial

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.

Jim Gable has returned to lead Chevron Technology Ventures at a time when the energy sector has many conflicting priorities.

Tata Digital provided $200m for BigBasket while Convivialité Ventures took part in an $80m series B round for Not So Dark.

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

The UK government aims to leverage institutional investment including potentially in corporate vehicles.

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

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.

Beauty treatments, medical procedures and personalisation are blending together, with China at the forefront of these key trends.

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