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SoftBank to drive $1bn round for Uber ATG
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.
Apr 18, 2019Berg bids goodbye to GM Ventures
Joshua Berg has departed GM Ventures, where he had been an investment manager, to pursue new opportunities in the automotive corporate venturing space.
Apr 16, 2019Shift moves series D round to $180m
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.
Apr 15, 2019Movo hails Mutua Madrileña for series A round
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.
Apr 15, 2019Analysis: Monzo get a $130m deposit
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.
Apr 15, 2019Big Deal: Uber finally files for IPO
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.
Apr 12, 2019Kunlun takes $50m ride on Pony.ai
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.
Apr 12, 2019Vista Global swoops for JetSmarter
The aviation company is set to buy the JetEdge-backed private-flight booking platform, which was valued at more than $1.6bn in 2016, in an all-share transaction.
Apr 11, 2019AutoX motors on with series A3 round
Dongfeng Motor has led a nine-figure series A3 round for AutoX, adding to at least $43m in capital previously raised from investors including MediaTek and SAIC Motor.
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