Transport

SoftBank Vision Fund is selling $245m of shares while PayPal is investing $500m in the ride hailing service, in the world's largest IPO since 2014.

The on-demand ride provider plans to expand from France into Central and West Africa following an Allianz and Mobivia-backed funding round.

FAW Group will reportedly provide $100m for TUS Holdings-backed Byton for a $500m round likely to value the electric SUV developer at more than $2.5bn.

GM's autonomous driving spinoff, Cruise Automation, has received $1.15bn from investors including SoftBank Vision Fund and Honda as well as its parent company.

FAW Group will reportedly provide $100m for Byton for a $500m round likely to value the electric SUV developer at more than $2.5bn.

All Gett’s existing investors, including Volkswagen and Access Industries, have participated in a $120m extension that brought its latest round to $200m.

Ola's electric vehicle-focused spinoff has added an undisclosed amount to the $56m in series A funding the company received in March.

FreightHub increased its overall funding to more than $53m with a series B round co-led by Maersk Growth that will fund the online freight platform's expansion in Asia.

The app-based electric bicycle rental service will use the proceeds from the round, which was led by Denso New Mobility Group, to expand in the US.

Meat substitute developer Beyond Meat, which has received backing from two corporate venturers, went public.

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