Transport

Verizon Ventures joined True Ventures to invest $10m in autonomous vehicle software developer Renovo Auto, taking its total funding to $14.5m.

Existing backer SoftBank has contributed to a round that took the on-demand ride company's overall equity funding to more than $13.2bn, valuing it at over $50bn.

Big data software provider Cloudera has gone public, but the gap between its market cap and the valuation at which Intel invested three years ago may be an ill omen for backers of other unicorns.

The ride hailing company is in talks to raise up to $6bn at a $50bn valuation, with existing backer SoftBank set to be among the investors.

The online financial services provider has joined an shareholder base that already includes Didi Chuxing to invest an undisclosed sum in the bike sharing company.

SoftBank is reportedly set to invest $225m to lead the hotel booking platform's latest round as part of a large-scale Indian online services investment strategy.

The Indian ride hailing service, which closed a $330m SoftBank-backed round in February, has had a $100m convertible securities issue approved by its board of directors.

Shanghai Automotive and a Toyota-backed venture fund were among the investors as the car sharing platform raised money at a reported $176m valuation.

The fleet automation spinout from Swiss Federal Institute of Technology in Lausanne has attracted a $2m extension for its seed round.