Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Automotive manufacturer Porsche has paid an undisclosed amount to increase its stake in Croatia-based electric sports car developer Rimac Automobili from 10% to 15.5%. The carmaker invested an undisclosed amount in Rimac in June 2018 in return for a 10% share, after battery producer Camel Group, battery and electric vehicle maker China Dynamics, Integrated Asset Management Asia and Frank Kanayet Yepes had provided $47.8m across two rounds. Hyundai Motor Company and its Kia subsidiary added $93.7m in May…
