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Sometimes one bottom line is not enough. Many investors are no longer satisfied simply by turning a profit. More and more also want their investments to generate a positive impact in the world.

Global Government Venturing over the past five years has followed the increasing engagement of sovereign wealth funds and states in the innovation capital ecosystem.

DP World has returned to lead a $172m funding round for the advanced transport technology developer, having previously co-led a $50m round in 2017.

Hyundai and subsidiary Kia have provided $93.7m in capital for electric vehicle developer Rimac Automobili through a partnership deal that will involve them collaborating on new models.

Alphabet-backed vegan burger producer Impossible will use the funding, secured at a $2bn valuation, to increase production capacity.

Nabard’s food, agriculture and rural development-focused investment vehicle, Nabventures, has reached its first close and has a ceiling of nearly $100m.

The Optum-backed round was led by Leerink Transformation Partners and will fund the home medical test provider's international expansion plans.

GV led a $58.5m round for the heart disease drug developer, which came in the wake of a partnership with another Alphabet subsidiary, Verily.