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Analysis: Rivian drives a $2.65bn round

Before the commercial release of Rivians’ electric vehicles (EV) this year, Amazon has returned to back the company in a round valuing it at $27.6bn. The EV space is among the hottest in the automotive business and valuations have remained high despite the cyclical nature of demand for vehicles.


Jan 25, 2021

Salesforce sinks $15m into Darwinbox

Salesforce has made a strategic investment in the HR software developer, which has increased its total funding to $35m.

Jan 24, 2021

4Paradigm charts $700m series D

China Three Gorges, Cisco and Lenovo-backed 4Paradigm has closed a $700m series D round after more than a dozen backers threw their weight behind the enterprise AI developer.

Jan 22, 2021

TripActions books $155m series E

Lufthansa’s portfolio company TripActions has attracted $155m in series E financing co-led by Andreessen Horowitz, Addition and Elad Gil at a valuation of $5bn.

Jan 22, 2021

Wattpad navigates to Naver in $600m acquisition

Bennett Coleman & Co, Globe Telecom and Tencent are set to exit the story sharing community operator in a cash-and-stock acquisition transaction by Naver.

Jan 21, 2021

Groove X tunes into $26m series B3 round

Hitachi Global Life Solutions, Sompo and NTT Docomo provided the cash for the creator of a family companion robot called Lovot, taking its total funding to $128m.

Jan 21, 2021

Globality gulps down $138m in series E

SoftBank Vision Fund returned to reinvest in the outsourcing marketplace operator at a valuation of almost $1bn to take its total funding to $310m.

Jan 20, 2021

Xianshenghuo gets series A delivery

New Hope Group's logistics spinoff has secured $92.4m in a round featuring Longfor Group's investment arm, Longfor Capital.

Jan 20, 2021

Dunzo raises $40m Google-backed round

The last-mile delivery platform has amassed $121m in overall funding having completed a series E round featuring existing investor Google.

Jan 20, 2021

Sub-sector: oil and gas

State of the market

Jan 20, 2021

Transport drives forward on a rough road

Sector report: Transport

Jan 20, 2021

Business model shifts in electric vehicles to focus on batteries

It is expensive to build cars, especially electric ones with few signs they can be profitable outside selling carbon offset credits to polluters.

Jan 20, 2021
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