Transport

HNA Group has invested $185m in sports streaming platform Le Sports as part of a round that could end up topping $1bn, showing how online companies are helping China's media sector rapidly grow.

HTGF-backed spinout Symtavision, a developer of software technology for the automotive sector, has been acquired by Luxoft for an undisclosed amount.

Thierry Heles, editor of Global University Venturing, takes an alternate look at one of last week's corporate venturing deals.

Qualcomm is set to exit driverless vehicle technology company Cruise Automation, which had raised $18m in financing, in a $1bn acquisition by General Motors.

The logistics service, backed by Alibaba and a host of other corporates, has reportedly raised funding at a $7.7bn valuation, illustrating the effect e-commerce has had on the logistics sector.

TechLab at Mcity is set to bring together students, university researchers and transport startups to push forward development of driverless car technologies.

Laurent Audoly, managing partner of the pharmaceutical company's new open innovation scheme, spoke to Global Corporate Venturing about its collaboration and investment strategy.

Monthly Analysis

Sector focus: Industrials