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In this piece, we take a quick peak at the still limited but growing corporate-backed deal flow in Africa-based companies.

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

The Hubert Burda-backed second-hand car marketplace has now raised $85m in total, MUFG Innovation Partners and Daiwa PI Partners chipping in for its series C round.

Volvo's corporate venturing unit has contributed an undisclosed sum to mobility-focused venture capital firm Autotech Ventures, whose exits include Lyft and Deepscale.

The number of acquisitions of companies that have received corporate backing had been decreasing over the past few years but by the end of October this year it registered a rebound.

Chevron Technology Ventures supplied part of the $12.5m in series B funding secured by electric motor technology developer Infinitum Electric.

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 powertrain manufacturer has secured $41m in equity, debt and working capital in a round led by corporate venturing unit BP Ventures.

Autonomous bus fleet operator May Mobility secured the return of Toyota AI Ventures and BMW i Ventures to bring its overall funding to $84m.

The DMGT-backed online used car retailer increased its overall funding to more than $100m in the space of a year, raising $32.2m as it officially launched its service.

SoftBank, Tencent, Didi Chuxing, Hyundai and Kia could be in line for exits as on-demand ride provider Ola starts setting the ground to go public.