Transport

Daiwa LogiTech, Logistics Innovation Fund, Mitsui Fudosan, NN Corporate Capital and Toyota Tsusho all took part in the supply chain technology provider’s $8.7m round.

Q1 analysis: Venturing deals still concentrated in non-core areas, more exits reported in the first quarter, average deal size dropped slightly

CO2 is the focus but limiting emissions is hard; capturing, using and storing offers opportunities; but critical under investment in innovation

TDK Ventures and XTX Ventures participated in a sizeable round raised by the advanced computing technology provider Groq at a unicorn valuation. The company is part of the larger artificial intelligence (AI) space, which has seen much and sustained interest by corporates in recent years.

MaC Venture Capital has raised its inaugural seed fund thanks to limited partners including University of Michigan and Howard University.

E-commerce platform developer Olist added $23m to a SoftBank-backed round now topping $80m, while Waters Corporation-backed TetraScience closed its series B at $80m.

Walmart was among the investors to add $750m to a round valuing the autonomous driving technology provider around the $30bn mark.

The CN, Goodyear, Kroger, Mando, Navistar, Nvidia, Sina, Traton, Union Pacific, UPS and US Xpress-backed autonomous truck producer was valued at more than $8.5bn in the IPO.

SK Group was among the participants in a round representing the first external funding for Volvo Cars' electric vehicle spinoff.

Ocado will provide $13.8m in a series B extension that follows a $47m close in January.

Analysis: Q1 2021