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Honda homes in on $15m Modal series A
Honda has led a series A round for automotive e-commerce software provider Modal, an existing strategic partner and a graduate of its accelerator.
Dec 9, 2020NextEra picks up eIQ Mobility
Schneider Electric Ventures has scored an exit having backed the EV fleet services provider's seed round in February 2019.
Dec 9, 2020Noske drives into Target Global
Venture firm Target Global has hired Christian Noske, previously head of corporate venturing partnership Alliance Ventures, as its latest partner.
Dec 9, 2020Aurora drives $10bn Uber ATG merger
Uber's autonomous driving spinoff, which had raised $1bn from SoftBank Vision Fund, Toyota and Denso, is merging with self-driving technology producer Aurora.
Dec 8, 2020Ridecell picks up corporates for $45m series C
Denso and LG Technology Ventures have returned with series C capital to support the mobility technology developer's technology and international growth.
Dec 7, 2020Analysis: Salesforce acquires Slack in $27.7bn deal
Cloud-based enterprise software producer Salesforce agreed to acquire Slack, the US-based publicly listed communication platform which previously counted telecoms firm SoftBank, internet conglomerate Alphabet and media group Comcast among its backers.
Dec 7, 2020Corporate venturing deal net: 30 November-4 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 4, 2020Helbiz drives Skip acquisition
The Toyota-backed scooter sharing service is set to be purchased by rival Helbiz, where it will continue to operate under its present brand.
Dec 4, 2020TuSimple trucks in $350m
Goodyear, Union Pacific, CN Rail, US Xpress, Kroger, The Traton Group and Navistar contributed to a round taking the smart truck developer's total funding to $648m.
Dec 3, 2020Daimler spins off innovation unit
Daimler will retain 10% of 1886Ventures, which has been formed out of its 1886Labs unit, and will be a client of Deloitte's Digital Ventures team.
Dec 3, 2020Engelhardt the moving part to Brose
Kai Engelhardt, a GCV Powerlist award winner, said he had decided to return to ventures after two years as head of digitalisation at Mahle.
Dec 3, 2020Dongfeng Motor revs up $243m autotech fund
The automotive manufacturer is supplying $91m for Dongfeng Bocom Yuanjing Motor Investment Fund, with Bocom International putting up the same amount.
Dec 2, 2020Featured Content
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GCV provides the global corporate venturing community and their ecosystem partners with the information, insights and access needed to drive impactful open innovation. Across our three services - News & Analysis, Community & Events, and the GCV Institute - we create a network-rich environment for global innovation and capital to meet and thrive. At the heart of our community sits the GCV Leadership Society, providing privileged access to all our services and resources.
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