Transport

The Alphabet and Uber-backed e-scooter rental service is reportedly in talks to raise money at a $400m valuation, down from $2.4bn in early 2019.

The Tokyu-backed scheme has hosted the fifth batch’s demo day with Subsclife, Barus, Luup, Fun Up, Self Link and Sora (MagicPrice) receiving awards.

The ride hailing service is reportedly near to raising $300m in a round led by existing backer SoftBank that will follow $18.3bn in earlier financing.

Online used car retailer Cazoo took its overall funding to approximately $218m in a round led by corporate venturing vehicle DMG Ventures.

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

The urban airborne vehicle spinout of TU Munich closed more than $240m in funding, in a Tencent-led round reportedly valuing it at up to $1bn.

The urban airborne vehicle developer closed more than $240m in funding, in a Tencent-led round reportedly valuing it at up to $1bn.

Juniper Networks and Cox have backed a sizeable series B round for edge and cloud computing tech developer StackPath.

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

GCV Powerlist mainstay Jon Lauckner has announced his imminent retirement from General Motors after leading the firm's GM Ventures unit for a decade.

Grab is piloting an edition of its Vietnam-facing accelerator Grab Ventures Ignite in Singapore with two startups aiming to enter the Vietnamese market.