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Transport

Big Deal: Bristol-Myers Squibb tunes into IFM

The pharmaceutical company's acquisition of Novartis-backed IFM Therapeutics, consisting of $300m upfront and up to $2bn in milestone payments, is its fourth purchase of a CVC-backed company in under four years.


Aug 7, 2017

Editorial: Value shifting from ideas towards large company investors

More value and focus should be on the investors scaling up the business rather than those coming up with the idea and helping the entrepreneur set up a business.

Aug 5, 2017

Volkswagen invites six teams to its incubator

The carmaker's Transparent Factory has chosen CarlundCarla, Smart City System, Geospin, Ekoio, Tretbox and LoyalGo for its first lineup.

Aug 4, 2017

MaaS Global amasses extra funding

The mobility app developer increased its latest round, which includes Transdev, Veho, Toyota, Denso, Aioi Nissay Dowa, Swiftcom and Karsan, from $11m to $16.8m.

Aug 4, 2017

Daimler boards Volocopter

Volocopter has secured $34.8m in a Daimler-backed round as it prepares to demonstrate its vertical take-off passenger drone technology in Dubai.

Aug 2, 2017

SpaceX flies higher with $350m

The Alphabet-backed spacecraft developer and launch services provider has raised $350m at a valuation that makes it the world's sixth most valuable VC-backed private company.

Jul 28, 2017

Ofo offers $1bn round to SoftBank

Ofo has entered talks with SoftBank to lead a $1bn round that would include existing investor Didi Chuxing, just three weeks after closing a $700m series E round.

Jul 28, 2017

Tencent tees up $400m Ola investment

The internet company is in advanced discussions over an investment that could boost the on-demand ride service's latest round to more than $800m.

Jul 27, 2017

Propeller Shannon starts up in Ireland

Enterprise Ireland is launching an aviation and aerospace accelerator with partners including Shannon Group, Boeing and Datalex.

Jul 26, 2017
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