Transport

Sister publication Global University Venturing’s analysis of the second quarter of 2019 shows increased investment activity as the year progresses and record-breaking amounts generated through exits.

The developing digital health sector has had to wait almost three years for the public markets to open up to it, but when they did, it was corporate venturing portfolio companies that were first through the flotation exit doors.

Sector review: Telecoms

“WeWork’s Bonkers IPO,” said Fortune’s daily newsletter. “The Weirdness of WeWork’s IPO Filing”, sister publication CEO Daily called it, adding: “If a recession is coming, the WeWork IPO filing… will be a fitting capstone for the peak.”

Returning investor Dongfeng Motor joined an Alibaba-run fund in autonomous fleet developer AutoX's latest round, which will fund the addition of extra vehicles to its offering.

M12 chipped in as autonomous transport testing startup Applied Intuition secured $40m that will be spent on international expansion.

The Michelin and Wabco-backed in-car telematics technology developer has now raised at least $265m, following a $90m investment by TPG Sixth Street Partners.

September started out with news on several life sciences companies about to go public as well as a large acquisition deal of another one of them. This space enjoyed a great number of exits last year and the trend appears on a path to be continued through 2019.

Chevron Technology Ventures and existing backer InMotion Ventures contributed to a round that increased the autonomous taxi developer's total funding to $52m.

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

SK E&S, Invenergy and Schneider Electric helpeed add $20m to the latest round for EV charging network Volta Charging, which includes a $44m debt facility.