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Transport

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

CassTime casts net for $35m

Fosun-backed automotive services provider CassTime has now raised approximately $260m altogether, Source Code Capital having led its series C3 round.

Dec 16, 2020

Bolt fixes $182m in new funding

The Didi and Daimler-backed ride hailing service was reportedly valued in excess of $4bn in a round led by D1 Capital Partners.

Dec 16, 2020

UK leads in quantum academia-industry ties

The UK moves to second phase of quantum initiative, programme links universities to industries at tech hubs, ‘Ion traps’ alternative to superconductors are a key focus

Dec 16, 2020

AI face-off: China battles the US while EU plays catch up

China is benefiting from its government’s focus on artificial intelligence (AI) with unlisted companies having raised RMB203.7m ($30bn) in venture capital since 2016, according to Nikkei Asia Tech and 36kr.

Dec 16, 2020
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