Grab has pushed its series H round to $4.8bn after Invesco added $300m to cash provided by investors including SoftBank Vision Fund, Toyota, Microsoft and Ping An.

Investment firm Invesco provided $300m of funding for Singapore-based on-demand ride platform Grab today, adding to a series H round that now stands at $4.8bn, and which already features multiple corporates.

The news follows a statement from Grab chief executive Anthony Tan in April 2019 revealing that the company was looking to bring the round’s total to $6.5bn by the end of 2019.

Founded in 2012, Grab operates a ride hailing service across Singapore, Malaysia, Indonesia, Thailand, Vietnam, Cambodia,…

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Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
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