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Page 169

Wells Fargo expands Innovation Incubator to $30m

The bank's cleantech incubator, formed with the US Department of Energy three years ago, will also expand its interest to transport, sustainable agriculture and the microgrid.

Apr 13, 2017

Peloton catches corporates to raise $60m

Intel, BP, Nokia, UPS, Denso, Schlumberger, Volvo, Mitsui, Lockheed Martin, Okaya and Breakthrough Fuel all participated in Peloton Technology's series B round.

Apr 13, 2017

Lyft's series G goes up to $600m

Existing backer Rakuten has returned for a round that included a raft of investment firms, fueling speculation the ride hailing company is looking to go public relatively soon.

Apr 12, 2017

Otonomo opts for Delphi to lead $25m series B

Delphi Automotive has struck a commercial partnership with car data exchange platform Otonomo in addition to leading its latest funding round.

Apr 11, 2017

Boeing looks to HorizonX to fund innovation

The aerospace company will make strategic investments from its newly formed Boeing HorizonX unit and has already backed Upskill and Zunum Aero.

Apr 10, 2017

Souche sucks in CreditEase for $180m series D

CreditEase's New Financial Industrial Fund was among the investors in a round that came less than six months after a $100m Ant Financial and UCar-backed series C.

Apr 7, 2017

Lyft picks up another $500m

The funding, provided by as-yet unnamed investors, boosted the GM, Alibaba, Rakuten and Didi Chuxing-backed company's valuation to $7.5bn.

Apr 7, 2017

Grab pays up to $100m for Kudo

Grab has completed the acquisition of Emtek, Gree and Singapore Press Holdings-backed mobile payment portal Kudo for between $80m and $100m.

Apr 5, 2017

Silvercar shines in Audi acquisition

Audi, an existing investor in Silvercar, is set to fully acquire the airport car rental app developer.

Apr 3, 2017

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