Transport

Global Wings plans to enhance its aviation services offering with the funding, which was supplied by two affiliates of Aviation Industry Corporation of China.

Telecoms fim SoftBank led a $300m series D round for insurance provider Lemonade, which also featured previous investors Allianz and GV.

Railway operator Keikyu has selected Nature Innovation Group, Ecbo Cloak, NearMe, AirX and Tripla for its Keikyu Accelerator Program.

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

SoftBank, Toyota and Denso are expected to be among the investors supplying $1bn for Uber's autonomous driving division when it spins off at a valuation of about $7.3bn.

Joshua Berg has departed GM Ventures, where he had been an investment manager, to pursue new opportunities in the automotive corporate venturing space.

Used vehicle e-commerce platform Shift has collected another $40m for a series D round that is backed by Lithia Motors, BMW and Alliance Ventures.

The electric scooter and moped rental platform collected $22.5m in a round led by Mutua Madrileña and backed by Cabify as it prepares to expand in Latin America.

Financial servicec provider Monzo, previously backed by corporate Orange and Stripe, raised $130m round at a valuation of $2.6bn, making it the second most valuable fintech developer in the UK.

SoftBank Vision Fund and Alphabet are among the largest shareholders in Uber, which has filed for an offering that could value it at $100bn, a decade after it was founded.

Kunlun Tech invested the money at a $1.65bn valuation, a big jump from the series A round the autonomous driving technology developer closed last July.