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Transport

Xiaoming Bike breaks down

The Cronus Bike-backed bicycle sharing service is set to declare bankruptcy, leaving both investors and users out of pocket.


Mar 27, 2018

Blade takes off with $38m series B

The short-range air transport service has completed a round backed by its new strategic partner, Airbus Helicopters.

Mar 26, 2018

Big Deal: Uber falls for Southeast Asian Grab

Uber will acquire a 27.5% stake in Grab as part of a deal where the latter will get its local operations, as a small number of players tighten control of the sector worldwide.

Mar 26, 2018

Editorial: Risks of bringing a knife to the fundraising gun fight

Ultimately, those unwilling or unable to compete at the top end of creating market-leading companies risk effectively bringing a knife to a gun fight - they can win sometimes in some areas, but the chances might be against them.

Mar 23, 2018

Blackmore picks up corporates for $18m round

BMW i Ventures led the lidar sensor developer's series B round, which also featured another corporate venturing unit, Toyota AI Ventures.

Mar 23, 2018

Chehejia drives series B to $475m

Corporates Shougang and Intime Retail invested a series B round for EV developer Chehejia Information Technology, which is also backed by Leo Group.

Mar 23, 2018

Ascent Robotics soars with SBI funding

SBI Investment's blockchain and artficial intelligence fund has led a $10.4m series A round for autonomous driving software developer Ascent that will fund R&D.

Mar 21, 2018

KeepTruckin pulls in $50m

GV returned to back a series C round that increased the telematics and fleet management technology supplier's overall funding to more than $78m.

Mar 21, 2018

Mydadao divulges corporate funding

The on-demand car rental startup has revealed it has secured an eight-figure total across three rounds, two being led by subsidiaries of Baidu and Bertelsmann respectively.

Mar 20, 2018

Fazua changes gears with $8m round

The electric bicycle drive manufacturer has been backed by Unternehmertum Venture Capital Partners.

Mar 20, 2018
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