Transport

Existing investor DMG Ventures has returned to back a $30.4m round for automotive e-commerce platform Cazoo, its second in nine months.

Mahindra & Mahindra has agreed to buy a 55% stake in BCC-backed Meru Cabs for $14.5m, in a deal that could reach more than $28m in total.

Solar system provider Bboxx completed a round led by Mitsubishi. This year we have seen a revival of corporate-backed deals in the solar energy tech space, which registered a slowdown last year.

Groupe ADP and Airbus Ventures both backed a $16.5m round that took the fleet management platform's overall funding to $35.5m.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

SoftBank-backed genome medical research tech provider 10x Genomics, previously backed by SoftBank, filed to go public. This may be a notable exit in burgeoning genomics and gene technology space, which has seen much corporate backing in recent years.

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

DoorDash has bought remote-driving technology developer Scotty Labs, enabling Alphabet's Gradient Ventures unit and SRI International to exit the startup.

Full Truck Alliance is reportedly set to reinvest in driverless truck developer PlusAI as part of a round that will value it at more than $1bn.

Hearst Ventures and BMW iVentures were among the investors as driving analytics software provider Zendrive increased its overall funding to $52m.