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Transport
Ola adds $92m stop to funding route
Sachin Bansal, co-founder of e-commerce company Flipkart, has contributed $92m to corporate-backed Ola’s $1bn series J round, following reports last month that suggested he had committed $21m.
Feb 19, 2019Rivian rides Amazon to $700m
Amazon has led the electric truck developer's latest round, which featured existing backers likely to have included corporates Abdul Latif Jameel and Sumitomo.
Feb 18, 2019Analysis: Reddit gets $300m
Tencent made a significant cash commitment by leading a round raised by online social forum Reddit at $3bn post-money valuation
Feb 18, 2019Corporate venturing deal net: 11-15 February 2019
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Feb 15, 2019Go-Jek sets sights on $3bn
Go-Jek is seeking bankers to work on a round already backed by JD.com, Google and Tencent that it now aims to close at $3bn.
Feb 15, 2019Sina rides TuSimple to $95m series D
Existing backer Sina returned a second time to lead a $95m series D round for autonomous truck developer TuSimple, which has now raised a total of $178m from investors also including Nvidia.
Feb 14, 2019May Mobility makes $22m in series A
LG Technology Ventures, BMW i Ventures and Toyota AI Ventures have contributed to a $22m round that increased the shuttle bus provider's total funding to $37m.
Feb 14, 2019Rivian revs up for billion-dollar valuation
The plug-in electric truck developer is reportedly in negotiations with Amazon and General Motors over a round that would value it at $1bn to $2bn.
Feb 13, 2019Uniseed rides with Forcite
The multi-university venture fund led a $566,000 round for smart helmet developer Forcite, which has now collected $2m in total.
Feb 13, 2019Mancando assembles $25m series A round
Legend Capital has contributed to a $25m series A round for Mancando, which provides supply chain services for the automotive parts industry.
Feb 13, 2019AirAsia invites passengers on to investment fund
The airline operator's Redbeat Ventures unit is seeking limited partners for a corporate venturing fund that will be anchored by the corporate.
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