Transport

On-demand bus transportation service Swat secured $10.1m in a round backed by public transit operators SMRT and ComfortDelGro that will fund geographical expansion and recruitment.

The bus transportation provider's series C round currently stands at $36m, half of which has come from Toyota Tsusho and Mirai Creation Fund.

EV charging services provider Newlinks Technology Group secured funding in a Nio Capital-backed series C round that took its overall funding to more than $237m.

As we are about to close our current annual survey, we take a peek at some of the insights provided by last year’s survey.

Amadeus Ventures will expand into the Asia-Pacific region early next year, roughly six years after being founded by its Spanish parent company.

Diversity, Equity and Inclusion (DEI) report October 2019

Conglomerate Al Yemni Group helped car hire service Ekar close a $17.5m round that will support its entry into Saudi Arabia as it looks to expand across the Middle East.

AfricInvest has injected another $4m into a series B round for on-demand ride service Heetch that already included Allianz and Mobivia.

A focus shift has been taking place among oil and gas corporate venturers, which is borne out in our most recent research.

CapitalG returned for the $400m series D that brought Convoy’s total funding to $668m, after the Alphabet subsidiary had previously led a $185m series C round.

STV has participated in a series A round for Raed Ventures-backed on-demand truck booking service Trukker, which is eyeing recruitment and customer experience improvement.