Transport

KLM and Schiphol have backed a second Mainport Innovation Fund, alongside Delft University of Technology, Port of Amsterdam and NS Dutch Railways.

Corporates SoftBank and Renren have differing reasons for backing the online lending platform, which has just raised the sector's first $1bn round.

Allianz and Verizon have backed the roadside assistance service's series A round, bringing the startup's overall funding to $8.7m.

Ride sharing service Ola, which had reportedly raised $225m in series F funding as of two weeks ago, has received an undisclosed sum from its China-based peer.

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The subsidiary closed a $1bn round earlier this month backed by Baidu, but is now seeking another $1.5bn.

Premla Krishnan has moved from Volvo Group Venture Capital to CPAC Systems to fulfil her three-year dream of working for the system integration company.

In November 2014, IDG Capital Partners co-led a $60m series B for the peer-to-peer car lending platform.

After Didi Kuaidi was revealed earlier this week to have backed Lyft, it has now confirmed the deal was worth $100m and preceded a partnership agreement.

Tencent injected an undisclosed amount of capital in the electric car manufacturer earlier this month.