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Transport

Plastic Omnium helps mould $280m fund

Plastic Omnium has committed capital to a $280m fund being raised by Aster Capital, which already counts Alstom, Solvay and Schneider Electric as backers.


Nov 10, 2017

CargoX delivers $20m in series C round

Goldman Sachs, Qualcomm and Ability Logistics invested in a round that boosted the trucking services provider's overall funding to $34m.

Nov 10, 2017

Volocopter lands Intel as investor

E-Volo has secured $5.8m in funding from Intel and Btov Partners as it continues development on its Volcopter unmanned aerial vehicle.

Nov 9, 2017

Tencent drives Nio to $1bn round

Autonomous electric car developer Nio has raised more than $1bn in a Tencent-led round that valued it at about $5bn.

Nov 9, 2017

Optimus Ride accelerates to raise $18m

The autonomous vehicle technology developer, spun out of MIT, has secured $18m in series A funding to increase its vehicle fleet and expand its team.

Nov 8, 2017

Magna and Allianz exit Argus after acquisition

Continental has acquired Argus Cyber Security, which had raised about $30m in venture funding, in a deal that reportedly valued the company at $400m.

Nov 7, 2017

Optimus Ride accelerates to raise $18m

The Nvidia-backed autonomous vehicle technology developer has secured $18m in series A funding to increase its vehicle fleet and expand its team.

Nov 6, 2017

Big Deal: TransferWise receives $280m

International financial transfer platforms TransferWise and Remitly each announced nine-figure rounds last week, highlighting the growth of the sector.

Nov 6, 2017

Analysis: Megvii faces a $460m round

The $460m funding round for Megvii, also known as Face++, featured a host of corporates: Foxconn, SK Group and Ant Financial.

Nov 3, 2017

NewMotion moves into Shell

NewMotion, the operator of an EV charging station network, has been acquired by Shell, providing exits for AutoBink and Alliander.

Nov 2, 2017

Chehaoduo checks off $180m

Chehaoduo, the Shougang Group-backed operator of used car marketplace Guazi, has raised $180m in its series B+ round.

Nov 2, 2017
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