Transport

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.

The electric truck and SUV developer has received $350m from Cox Automotive in return for a 10% stake in the Ford, Amazon and Sumitomo-backed company.

The Gojek Xcelerate accelerator will take 20 local businesses through their paces in areas over the course of a six-month period.

Having already inked an agreement with FAW in May, Byton is also signing up government-led industry investment funds and other institutional investors.

Amazon Alexa Fund and Google Assistant Investments Program have chipped in for in-car game developer DriveTime's series A round.

University of Oxford's electric motor spinout Yasa has added $22m from investors including OSI and Parkwalk Advisors to its coffers to help it cope with growing customer demand.

Ex-GCV Rising Star Christian Noske will head up the Renault-Nissan-Mitsubishi unit, less than two years after joining from BMW i Ventures.

The Intel and Daimler-backed air taxi developer secured $55.2m in a tranche led by Geely Holding and intends to reach a final close later this year.

Fantasy sports platform Dream11 is reportedly aiming to raise a round sized at $500m to be backed by several corporate investors. The company is part of the broader gaming and eSport space which has seen growth recently.

Credit Saison, Ogaki Kyoritsu and Nippon Care Supply took part in a Denso-led round that increased the automotive loan provider's overall funding to nearly $35m.