
Returning investors Ford and Amazon contributed to a round that boosted the electric vehicle developer's funding to more than $2.8bn in 2019 alone.
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
The autonomous driving technoogy developer increased its overall funding to $40m in a Posco Capital-led round that included fellow corporate venturing unit Neoplux.
BAIC Capital and the multi-corporate backed AI Alliance both featured in a round that brought automotive radar chip developer Arbe's total funding to $54m.
Automotive parts producer Brose will open a corporate venturing office in Berlin as part of a larger investment scheme projected to be up to $2.2bn in size.
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
The Hubert Burda-backed second-hand car marketplace has now raised $85m in total, MUFG Innovation Partners and Daiwa PI Partners chipping in for its series C round.
Volvo's corporate venturing unit has contributed an undisclosed sum to mobility-focused venture capital firm Autotech Ventures, whose exits include Lyft and Deepscale.
Chevron Technology Ventures supplied part of the $12.5m in series B funding secured by electric motor technology developer Infinitum Electric.
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds