Transport

The driver’s education provider has put together a fund of undisclosed size dubbed Minami Incubate to back education, mobility and revitalisation technology startups.

The Volkswagen and Access Industries-backed ride hailing platform closed $100m in equity, debt and bond financing at a flat $1.5bn valuation.

SK China has invested tens of millions of dollars in the automatic braking software provider, which will use the cash to enhance its technology and expand its market share.

The smart electric carmaker, which counts Alibaba, Xiaomi and Foxconn as investors, is raising roughly $500m in a series C-plus round.

Two fintech companies floated in early July 2020, giving an exit to corporate backers in what has been a good year for the sector.

Channel 4 Ventures and existing investor BP Ventures contributed to a $25.9m round for the vehicle rental service that will support technology and marketing.

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

The mobility sharing platform formerly known as Car2Go has raised fresh funding from investors including its parent, Shagrir.

The ride hailing service is set to raise up to $211m from Dentsu, NTT Docomo and Tokyo Century, potentially taking its overall funding to $369m.

Meituan Dianping is the largest investor in the China-based smart electric vehicle producer, which has set a $100m placeholder target for its initial public offering.

Monthly analysis: June 2020