Transport

Panasonic, Mitsui Sumitomo and NEC all booked exits after Honda's R&D unit acquired connected driving assistant technology developer Drivemode.

The scooter rental platform has now raised more than $95m altogether, after Axa Germany participated in a series B round that will fund European growth.

The Alphabet unit has already divested part of its stake in publicly-listed Uber to SoftBank at a $48bn valuation but is considering selling the rest from next month.

Our analysis shows that venturing rounds at most stages have grown their median dollar size. Later-stage rounds have experienced a much more pronounced growth.

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

The insurance provider helped parking space sharing platform Akippa take its overall funding from $22m in June last year to almost $33m.

The Simon Property-backed e-scooter rental platform is now valued at $2.75bn following a series D round co-led by Sequoia Capital and CDPQ.

The mobility platform developer secured $24.9m in pre-series A funding, Kia Motors investing half while SK Group, LG and CJ Group supplied the rest.

Siemens Next47 is scoring an exit as Tesla acquires computer vision technology developer Deepscale for an undisclosed amount.

With news that We Co has withdrawn its IPO filing, we take a look at what the move could mean for corporate venturing going forward.

The ride hailing service provider has formed Uber Incubator alongside an entrepreneur-in-residence program to facilitate internal and external innovation.