Transport

The Simon-backed e-scooter rental service is looking to boost its valuation to $2.5bn through a series D round that could be up to $300m in size.

Toyota Tsusho, WR Berkley and Volvo Cars have co-led a $31m round for the AI-powered vehicle inspection technology provider that followed $4.5m of seed funding.

Mitsui has invested $14.5m in SmartE, which will use the proceeds to expand its fleet of electric-powered rickshaws and strengthen its charging infrastructure.

CMU-founded road surface analytics technology creator RoadBotics has now raised at least $11.4m, having signed up Radical Ventures and Hyperplane VC to its series A.

Blackstone will purchase the advertising platform Vungle in a deal giving exits to corporates Alphabet and Verizon.

FlixMobility has raised a reported $561m in series F funding, adding to earlier capital provided by investors including TUM-linked UVC Partners and carmaker Daimler.

FlixMobility has raised a reported $561m in series F funding co-led by TCV and Permira, securing capital for the first time since a Daimler-backed round in 2016.

Didi Chuxing is seeking up to $2bn from investors at a flat valuation, which was a reported $56bn when the company last raised capital in July 2018.

CAS-founded industrial automation spinout VIPioneers has added $14.5m to an angel sum of undisclosed size it received from CAS’s Cash Capital two years ago

Hanwha Systems led a series A round for the spinout of aerospace technology supplier Karem Aircraft, which is working with Uber to supply viable aerial vehicles.

Volkswagen has joined Ford as a shareholder in Argo AI, following a $2.6bn commitment of capital and assets that values the self-driving system maker at more than $7bn.