Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Alliance Ventures, the investment arm of the partnership between carmakers Renault, Nissan and Mitsubishi, led a series A round of undisclosed size for WeRide.ai, the China-based autonomous driving software developer formerly known as JingChi.ai, on Wednesday. The round included motor technology producer Johnson Electric, Qiming Venture Capital, Hanfor Capital, Atop Capital, Idinvest Partners, OceanIQ Capital and angel investor Xiaopeng He, and followed a $52m pre-series A round in September 2017.
Protembis, the Germany-based developer of a filtration system that…
