Transport

Osage University Partners has returned to bring the big urban transit data analytics company's funding total to more than $40m.

The Engie and Deutsche Telekom-backed transit data analytics provider took its overall funding past the $40m mark in its latest round.

The GM-backed transport data provider has added $13.1m in a round led by existing investor DIP Capital and backed by the UK’s Future Fund.

The electric vehicle producer is adding $300m to an initial $500m in series C-plus funding as the Alibaba, Foxconn, UCar and Xiaomi-backed company gears up for a US listing.

The SoftBank-backed automotive e-commerce company secured convertible note financing in a round co-led by Farallon Capital Management and Baupost Group.

The private equity firm will join investors in the on-demand ride service including SoftBank, Toyota, Hyundai, Kia, Qunar, Booking.com, Central Group, Yamaha, Microsoft, Didi and Ping An.

Over the past four quarters, almost one of every four corporate investors seems to be new, even in lockdown.

Hyundai has hired Henry Chung, previously of LG Electronics, to lead its Cradle Silicon Valley vehicle as senior vice-president.

GE Ventures has divested stakes in 16 companies including Carbon, Desktop Metal and Proterra to venture firm 40 North Ventures.

Line’s on-demand delivery service has attracted $110m from BRV Capital as it merged with restaurant listings website Wongnai Media.

Hefei Jianghang Aircraft Equipment has priced its shares at $1.48 each to raise $148m in an initial public offering that provided an exit to Aviation Industry Corporation.