Transport

Bertelsmann Asia Investments owns almost 10% of the Chinese automotive marketplace, which has filed to raise up to $150m in a US offering.

Private equity firm QJY Capital invested the money, which follows roughly $138m from investors including Do-Fluoride Chemicals and Haijing.

Airbus Ventures has returned to back autonomous driving technology developer Cognata’s series B round, having participating in a $5m round for the company last year.

Harley-Davidson-backed electric dirt bike producer Alta Motors had raised more than $43m

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

Tencent and existing backer Nio Capital both invested as autonomous driving software developer Momenta took its overall funding to $200m.

Al Tayyar and Rakuten are reportedly among the existing investors that provided $200m for on-demand ride platform Careem at a $2bn valuation.

The two-wheeled vehicle producer is acquiring a stake greater than 25% in electric scooter developer and new strategic partner Twenty Two.

Urban Infrastructure Partner, which provides bicycle sharing services for municipal clients in Norway and Scotland, raised the cash from Møller Mobility and Selvaag Invest.

Banks have reportedly suggested a $120bn valuation for Uber's IPO, while Lyft has chosen JP Morgan to lead an offering that could value it at more than $15bn.