Transport

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

The connected vehicle technology developer has expanded a series B round that includes Assurant, Robert Bosch, Amazon, Innogy, Telus, Deutsche Telekom and its T-Mobile subsidiary.

Ant Financial has joined existing investor Legend Holdings in a series B-plus round that adds tens of millions of dollars to the car leasing platform provider's overall funding.

The round consisted of two tranches, led by Hillhouse Capital and Sequoia Capital respectively, and pushed Aria Group-backed Lalamove’s total funding to $460m.

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.

Amazon has led the electric truck developer's latest round, which featured existing backers likely to have included corporates Abdul Latif Jameel and Sumitomo.

Tencent made a significant cash commitment by leading a round raised by online social forum Reddit at $3bn post-money valuation

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

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.

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.