Transport

Joyson Electronics has farmed out a stake in its smart driving subsidiary Joy Next to investors including Baofeng Energy and Ningbo Gaofa Automotive Control System.

Nanjing SemiDrive lured the return of Lenovo Capital in a round that will help enhance its semiconductors for autonomous and connected vehicles.

Hexing Electrical, CSD Environment, Hailang Group and SIG are among the limited partners in a $73m fund raised by Qiming spinoff Inspiration Capital.

SoftBank has led a $68m series D round for ShipBob through its Vision Fund 2, more than doubling the logistics company’s total equity to over $130m.

SF Holdings has joined forces with Citic Capital’s CCRE China Logistics to form a $308m fund that will focus on the logistics sector.

Late September was a buoyant time for the fintech sector.

Schneider Electric co-led EV charging services provider Star Charge's series A round with China International Capital Corporation's CICC Capital.

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

AEP, BMW, Chevron, Constellation Energy, Daimler, Siemens, The Hartford and Toyota are all in line for exits as ChargePoint goes public through a reverse merger at a $2.4bn valuation.

Xiaomi and Intel-backed e-scooter vendor Ninebot is gearing up for a $295m initial public offering on the Star Market using Chinese Depository Receipts.

Baidu, Tencent and China Minmetals-backed electric vehicle producer WM Motor has raised $1.47bn in a series D round to support R&D, marketing and sales activities.