Transport

The airborne-and-ground vehicle developer is raising the cash through a series A round co-led by its affiliate, electric carmaker XPeng.

The on-demand, e-commerce and financial services provider is reportedly targeting $1.5bn in an ongoing round, five months after it was created through a merger between corporate-backed Gojek and Tokopedia.

The newly formed Alaska Star Ventures will target decarbonisation technologies and its first contribution is to Up.Partners' $230m fund.

Monthly data: September 2021

Quarterly data: Q3 2021

Innovative region: Brazil

Sector report: Oil and gas

For many of the attendees at the Global Corporate Venturing and Innovation Summit 2021 held late last month in Monterey, California, the conference was their first in-real life (IRL) event since the pandemic effectively stopped them in the first quarter last year after the previous summit.

Bond trading platform developer Trumid raised its latest round, featuring Singapore Exchange, at a $2.4bn valuation. This is one of the latest examples of such multi-million dollar deals from the roaring fintech space.

Neusoft’s automotive software unit, which is co-owned by Alpine Electronics, will use the money to enhance its products, develop new offerings and increase its market share.

The corporate-backed automotive e-commerce portal raised series E funding which will be used to accelerate its growth, increase brand awareness and expand into new markets.