Transport

It has been a remarkable decade for innovation capital. More than $1 trillion of venture capital had been invested by the end of last year, according to data provider Pitchbook, driven by corporations engaging in more than half that total, according to GCV Analytics.

Sector Analysis: Information Technology

Monthly analysis: June 2019

RT Invest and RZD Technologies have put up 20% of the capital for a fund that will support wireless network devices and IoT technologies in transport and logistics.

Bolt, the ride hailing platform backed by Daimler and Didi Chuxing formerly known as Taxify, has raised a series C round valuing it at more than $1bn.

Experian has committed an undisclosed sum to Grab’s series H round, which stood at $4.8bn as of last month and already features SoftBank, Toyota, Microsoft and Ping An.

DIG Investment and Deshe Holdings have contributed to an $11.4m series J tranche that has now grown to approximately $542m.

Four months after collecting $100m from Astra International, Go-Jek has added an undisclosed amount from three Mitsubishi subsidiaries to a targeted $3bn series F round.

3D printing developer Carbon raised a new round reaching $260m and featuring corporate backers from different sectors.

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

Naspers Ventures co-led a $33.9m round featuring Axel Springer Digital Ventures that will enable Dott to expand its scooter rental service further into Europe.