Transport

SoftBank and Legend Capital have invested $150m in the home-grown bicycle sharing platform that will be added to $850m from parent company Didi Chuxing.

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

Several corporate investors backed the latest $250 round raised by data management platform developer Cohesity at a valuation of $2.5bn. The deal is part of the dynamic broader space of big data technologies which have captivated the attention of corporates over the past decade.

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

Zhejiang Heico Holding Group led a round for automotive stock and finance provider Maihaoche that included fellow corporate Kaixin Auto.

Shenzhen Center Power and Inspur Group’s Chao Capital fund were among the investors that contributed to the AI chip developer’s $14.2m round.

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

Quarterly data report: Q1 2020

Electric scooter battery rental service Ningde Zhixiang raised $28.3m from Zhonhen Electric 10 months after being founded with $145m.

Monthly data report: March 2020

What do you do after you have launched a spinout that has raised venture capital from illustrious backers such as pharmaceutical firm Novo, care provider Kaiser Permanente and medical device manufacturer St Jude Medical, and successfully gone public through a $107m initial public offering?