Transport

Dongfeng Motor, Alibaba, MediaTek and SAIC Motor-backed AutoX has gathered tens of millions of dollars in pre-series B funding led by Jumbo Sheen Group.

Sony Innovation Fund has led a $30m investment for the car rental service as part of a series D round targeting a $100m final close.

Visa is to acquire one of its portfolio companies, financial data network operator Plaid, in multi-billion-dollar transaction, which comes only four months after its latest commitment to the company along with its peer Mastercard.

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

The electric vehicle technology developer pulled in funding from Hyundai and subsidiary Kia at a $3.3bn valuation as part of a strategic collaboration deal.

The aerial electric taxi developer increased its overall funding to $720m in a series C round led by a $394m investment from Toyota.

The logistics company has received $11m in a series A extension, bringing the Sinar Mas-backed round to $25.5m.

Juliet Zhu has left Fosun RZ Capital after two years, most recently as director of Southeast Asia, to take the chief financial officer position at automotive e-commerce marketplace Carsome.

Grupo Proeza-backed venture capital firm Proeza Ventures is focusing on mobility technology and has disclosed some early investments.

Annual data review: 2019

Sector analysis: Transport