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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, 2017Tencent 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, 2017Optimus 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, 2017Magna 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, 2017Optimus 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, 2017Big 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, 2017Analysis: 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, 2017NewMotion 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, 2017Chehaoduo checks off $180m
Chehaoduo, the Shougang Group-backed operator of used car marketplace Guazi, has raised $180m in its series B+ round.
Nov 2, 2017Innoviz increases series B to $73m
Samsung Catalyst and SoftBank Ventures Korea added $8m to the $65m previously supplied by investors including Magna, Delphi Automotive, Delek and Naver.
Nov 1, 2017SouChe's series E search uncovers $335m
The automotive e-commerce marketplace has raised $335m in a round led by Alibaba, which is now its largest external investor.
Nov 1, 2017Argus braces for Continental acquisition
Continental is reportedly in advanced talks over a $400m acquisition of Magna and Allianz-backed in-car cybersecurity technology provider Argus.
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