Transport

David Parfett, who helped Qantas form a CVC unit as head of its Innovation and Ventures team, will do the same for Westfield owner Scentre.

Smart car maker Byton seeks to raise another $500m after having raised a $500m corporate-backed rounds last year.

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

The scooter and bicycle rental service, which counts Uber and Alphabet as backers, is reportedly set to raise funding at a $2bn valuation.

Flipkart founder Sachin Bansal has invested $21m in the on-demand ride service, which already counts Tencent, SoftBank and Didi Chuxing as backers.

Magenta Venture Partners, a joint venture between Mitsui and two Israeli venture capitalists, is seeking a $100m close to invest in Israel-based startups.

India-based vehicle marketplace CarDekho closed a $110m CapitalG-backed round in the beginning of January, being the first notable deal for this year in the vehicle marketplace space.

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

Microsoft, Bridgestone and Qualcomm all contributed to a series D round for MIT spinout ClearMotion, which emerged from stealth earlier last year with $130m in funding.

Microsoft and existing investors Bridgestone and Qualcomm all contributed to a series D round that follows a $100m series C two years ago.

Existing backer Steadview Capital has provided another $74m for ride hailing platform Ola, whose shareholders also include Tencent, SoftBank and Didi Chuxing.