Transport

Ping An Ventures is raising a total of $1.3bn for two life sciences-focused fund: $500m for a dollar-denominated fund and $800m for a renminbi-denominated one.

The carmake has invested almost $69m in ride hailing app developer JapanTaxi as part of a strategic partnership deal.

Stephanie Volk has left her management position at GE Ventures to take the vice-president of development post at National Venture Capital Association.

The electric scooter rental platform will expand into new cities using the proceeds from the RATP and LeasePlan-backed round.

The Tencent-backed electric vehicle developer, formerly known as Future Mobility, is seeking between $300m and $400m at a $1.2bn valuation.

Blibli and Astra International are reportedly set to add up to $290m to on-demand ride service Go-Jek's latest round, which has been increased from $1.2bn to $1.5bn.

SoftBank, which previously backed ACV's 2016 series A round, returned for a series C that boosted the car auction platform's overall funding to $53m.

Car leasing startup Fair has reportedly raised about $50m in a round featuring Siemens and BMW that enabled it to acquire BMW-backed Skurt.

OurCrowd has attracted support from Yissum for a seed stage incubator it launched alongside a $50m sports tech fund.