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Transport

Xiangdao Chuxing checks in series A funding

Corporates Alibaba and CATL made strategic investments in SAIC's on-demand ride spinoff, through a $45.9m round preceding a planned geographic expansion.


Dec 19, 2020

Corporate venturing deal net: 14-18 December 2020

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Dec 18, 2020

GM rides Yoshi to $23m series B

Existing investor General Motors led a round that will support the car maintenance and refueling provider's expansion and recruitment.

Dec 18, 2020

Cazoo agrees Drover purchase

The flexible car rental service has agreed to be acquired, having raised nearly $40m from investors including BP, Shell and Channel 4.

Dec 18, 2020

Sensata supports Uhnder’s $45m series C

Sensata Technologies led the latest round for the radar chipmaker, which also counts Edom, TDK, Lockheed Martin, SAIC Motors, Fosun and Qualcomm as backers.

Dec 18, 2020

Sono Motors rides through series C round

Böllinger Group took part in a $54.7m round for the electric car developer, which had previously raised money through crowdfunding campaigns.

Dec 17, 2020

ZeroAvia takes off with series A funds

Amazon Climate Pledge Fund and Shell Ventures both participated in a $21.4m round that will support development of ZeroAvia's hydrogen aircraft powertrain.

Dec 17, 2020

Boom Supersonic shoots for $50m

The Ctrip and Japan Airlines-backed supersonic jet developer pushed its valuation past $1bn in a round led by WRVI Capital.

Dec 16, 2020

Vroom catches CarStory in $120m deal

Capital One Growth Ventures is set to exit the vehicle retail analytics provider in a cash-and-stock acqusition by Vroom.

Dec 16, 2020

Daily deal net: December 16, 2020

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

Dec 16, 2020

Innoviz joins Collective for $1.4bn reverse merger

Phoenix Insurance and Magna International are among the backers of a $200m PIPE investment as the lidar sensor provider prepares to list on Nasdaq.

Dec 16, 2020

Blade cuts to reverse merger deal

The Airbus Helicopters-backed air transport service will go public through the deal, with the combined company to be valued at $825m.

Dec 16, 2020
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