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Investors swoop in to fund ACSL
Industrial and commercial drone developer Autonomous Control Systems Laboratory raised $18.8m in a round that featured University of Tokyo Edge Capital.
Jan 11, 2018Zoomcar collects corporates for $50m round
The vehicle rental service has reportedly signed a term sheet for a round that will involve $30m from Mahindra & Mahindra and $20m from Ford.
Jan 10, 2018Renault-Nissan-Mitsubishi unveils $1bn investment vehicle
The automotive alliance plans to supply $200m for startups and open innovation schemes out of Alliance Ventures in the next year.
Jan 10, 2018AMI and Baidu board $200m mobility fund
The Apollo Southeast Asia fund will extend Baidu's $1.5bn Apollo Fund, formed to support its autonomous driving technology, to a new region.
Jan 9, 2018FAW moves to invest in Mobike Chuxing
The carmaker has taken a 10% stake in Mobike Chuxing, a car sharing spinoff launched by Mobike with more than $300m last month.
Jan 8, 2018Corporates drive AImotive's $38m series C round
The autonomous driving software developer, which also counts Nvidia as a backer, raised new funding from investors including Robert Bosch, Cisco and Samsung.
Jan 8, 2018Renault-Nissan-Mitsubishi start up $200m fund
The strategic alliance will officially launch a $200m mobility-focused corporate venturing fund tomorrow at electronics trade show CES.
Jan 8, 2018Big Deal: Didi Chuxing buys a 99
Didi Chuxing's reported $600m acquisition of a majority stake in its Brazilian counterpart indicates a new level to its expansion plans.
Jan 8, 2018Analysis: Didi Chuxing invests in 99
China-based on-demand ride hailing service Didi Chuxing acquired 90% of its Brazilian counterpart 99
Jan 8, 2018May Mobility steers itself to $11.6m
The autonomous transportation developer hopes to introduce self-driving shuttle buses to Detroit by the middle of 2018.
Jan 8, 2018Splend finds its Element
Element Fleet Management has invested $5.7m for a 12.5% stake in car rental service Splend together with $173m in debt financing.
Jan 5, 2018Featured Content
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GCV’s Rising Stars and Emerging Leaders 2026The talent pipeline in corporate venturing shows both momentum and staying power, as the industry comes of age.GCV’s Rising Stars and Emerging Leaders 2026
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