Transport

US-based autonomous driving technology Waymo, a spinoff from internet conglomerate Alphabet, received $750m in extension equity financing, taking its round to $3bn.

An Iberdrola-backed series A round for Wallbox has reached a $24.8m second close to fund the EV charging business's expansion in North America and China.

Fosun and Champion Motors have taken part in a $17m round for electric mobility technology developer IRP Systems, which will use the money to meet demand for its product.

Intel Capital has invested at least $132m in 12 companies so far this year and is on its way to putting between $300m and $500m into startups by the end of 2020.

The e-bike producer raised $13.5m from investors including its production ally Sinbon Electronics to bring its overall funding haul to $21m.

Waymo has boosted its Alphabet, Magna International and AutoNation-backed funding round to $3bn following a $750m extension provided by new investors including Fidelity.

Hua Insurance is in line for a bigger exit as Qingdao Victall Railway oversubscribes its planned initial public offering to raise as much as $172m in proceeds.

Uber has led a $170m investment in StanfordStartX Fund-backed Lime that closed alongside Lime’s acquisition of Uber’s micromobility subsidiary Jump.

Alphabet has contributed to a $400m for Sidewalk Infrastructure Partners, a spinoff from the conglomerate’s smart cities technology subsidiary Sidewalk Labs.

Uber has led a $170m investment in Lime that also included GV and closed alongside Lime’s acquisition of Uber’s micromobility subsidiary Jump.

India-based challenger university Atria University has launched a VC fund contest for aspiring students aged from 16 to 18.