Transport

Mobility app developer Transit has raised $17.5m in a round led by Alliance Ventures that also featured Jaguar Land Rover's Inmotion Ventures unit.

The carmakers have supplied $250m in connection with an electric vehicle promotion deal, and the round already includes Toyota, Ping An, Microsoft and Citi Ventures.

GV general partner Joe Kraus, who joined the bike rental service's board when the unit led a $355m round in July, has agreed to become its COO.

Travel and accommodation booking service Booking Holdings committed $200m to ride hailing app Grab alongside a partnership deal

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

Generation Investment Management has joined a series B round for DeepMap that is at least $60m in size and which already includes Nvidia and Robert Bosch.

After four years leading Driscoll's agtech corporate venturing investments, Nolan Paul will now oversee Yamaha Motor Ventures' agricultural robotics and data activities.

The electric vehicle rental service followed a $47m round in March with a $43.2m series B1 round that was led by Bojiang Capital and backed by Itochu.

Volvo's financial services subsidiary has launched an accelerator with L Marks dubbed iLabX in order to access technology from startups.

GV has exited autonomous driving software developer Blue Vision in an acquisition by Lyft that was reportedly sized at $72m.

Ride hailing platform Grab raised the money from the travel and accommodation booking service through a partnership deal that will allow them to offer each other's services.