Transport

Global Corporate Venturing's top stories in 2019

Returning investors Ford and Amazon contributed to a round that boosted the electric vehicle developer's funding to more than $2.8bn in 2019 alone.

Wefox Group, a Germany-based digital insurance provider, extended its series B round, closing $235m

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

The autonomous driving technoogy developer increased its overall funding to $40m in a Posco Capital-led round that included fellow corporate venturing unit Neoplux.

Already backed by Stanford University, autonomous helicopter technology business Skyryse has now obtained $38m altogether.

BAIC Capital and the multi-corporate backed AI Alliance both featured in a round that brought automotive radar chip developer Arbe's total funding to $54m.

Automotive parts producer Brose will open a corporate venturing office in Berlin as part of a larger investment scheme projected to be up to $2.2bn in size.

This taster from the World of Corporate Venturing survey shows which technologies corporate venturers have their eye on

Global Corporate Venturing has just closed its annual survey, which forms a definitive overview of the industry. The World of Corporate Venturing 2020 report will be published in January.

Monthly data report: November 2019