Transport

On-demand ride service Lyft has received $200m from automotive systems maker Magna International at an $11.7bn valuation as part of an autonomous driving partnership.

Innovative region: Canada

Sector focus: Industrial

Used car e-commerce platform Carsome has secured $19m in a series B round led by Burda Principal Investments that will fund growth in Southeast Asia.

Alibaba has led a $866m debt and equity round for bicycle rental service Ofo having reportedly bought $3bn of stock in January.

Salesforce is expecting to exit the file storage and sharing platform Dropbox, which filed for an IPO after having raised more than $1.7bn in debt and equity financing.

Augmented reality technology developer Magic Leap closed a series D round at over $960m, featuring a host of corporate investors like Google, Alibaba, Axel Springer and Grupo Globo.

Just ahead of our first ever Global Corporate Venturing Israel event in Tel Aviv this week, we are offering our readers a brief data overview on the innovation scene in Israel which has managed to attract corporate venturers from around the globe.

Auto parts manufacturer Aisin Group will be a limited partner in the autotech fund, which will be managed by Fenox Venture Capital.