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Transport

The Engine shifts into $230m second fund

MIT has put $35m into The Engine's second fund – up from its $25m commitment to the first fund – and has been joined by Harvard as a new LP.


Oct 28, 2020

Daily deal net: October 27, 2020

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

Oct 27, 2020

ECarx pulls into $194m series A

The in-car electronics technology provider closed a series A round led by strategic partner Baidu that also featured SIG Asia.

Oct 27, 2020

ACV aces $55m in fresh funding

The automotive e-commerce platform, which counts SoftBank as an early investor, has increased its overall funding to $350m.

Oct 26, 2020

Applied Intuition approves $125m series C

The Microsoft-backed driverless car training platform was valued at $1.25bn in a round co-led by VC firms Andreessen Horowitz, Lux Capital and General Catalyst.

Oct 26, 2020

AdaSky adds $15m in series B round

Sungwoo Hitech and Kyocera returned to supply series B funding for AdaSky, a creator of thermal imaging technology for driver safety.

Oct 26, 2020

Analysis: Ant Group to go public

Alibaba´s financial subsidiary Ant has received approval from regulators which will allow a dual listing on the Shanghai and Hong Kong stock exchanges and enable it to raise up to $35bn at a reported valuation of $250bn.

Oct 26, 2020

4Wheels Technology drives to next round

Airtel led an eight-figure dollar round for the Chinese automotive supply chain platform that included investment firm Zhaohui Capital.

Oct 26, 2020

Corporate venturing deal net: 19-23 October 2020

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

Oct 23, 2020

Renrenche hits the buffers

The Tencent and Didi-backed online automotive marketplace, which was valued at $1.7bn just two years ago, could sell its major assets for next to nothing.

Oct 22, 2020

Tekion takes $150m at billion-dollar valuation

Airbus Ventures participated in a series C round that boosted the car dealership software provider's total funding to $215m in four years.

Oct 22, 2020

UVC Partners levels up with $178m fund

TUM-affiliated UVC Partners has raised a third fund from limited partners including Lanxess to invest in industrial technologies, business-to-business software and mobility.

Oct 22, 2020
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