Transport

In May last year, Severstal announced the launch of Severstal Ventures – a corporate venture fund that would invest directly as well as through other funds in advanced materials and associated technologies, in Russia and abroad.

Launched in July last year, Swisscom Digital Transformation Fund is Swisscom Ventures’ first investment vehicle that is open to third-party institutional investors.

Among the many news released by Salesforce Ventures last year, the unit announced in early December two new $100m funds in Canada and Japan, both aiming to boost startup innovation that is part of the global Salesforce ecosystem.

Having significantly increased its market share in the US in recent years, on-demand transportation company Lyft recently appointed JP Morgan to lead its planned initial public offering (IPO) with an estimated valuation of $15.1bn.

Currently valued at over $3bn, Katerra, which aims to revolutionise the construction sector with its technology, is said to be the most well-funded construction tech startup.

Rob Lavine, News editor for Global Corporate Venturing, reviews the trends in venturing from 2018

The air carrier aims to enhance the consumer travel experience by targeting startups internationally, following investments in Boom Supersonic and iSpace just over a year ago.

Additive manufacturing provider Desktop Metal raised a $160m round led by Koch Disruptive Technologies and featuring other corporate investors

GE Ventures is reportedly being considered for a spinoff as part of an ongoing, wide-ranging reorganisation of General Electric.

Google, Tencent and JD.com are among the existing backers that have contributed to the first tranche of a round expected to close at $2bn that valued Go-Jek at $9.5bn.

Robert Bosch has joined MediaTek, Tencent, Didi Chuxing, Advantech and Nio Capital to invest in Navinfo's smart in-car system developer.