Transport

The finalists for our awards on May 20 have now been selected. Please do let us know who you think should win.

Goods delivery service Deliv has raised $4.5m in the second tranche of a series A round, and has now reached $12.5m in equity from traditional, institutional and strategic investors.

Will it ever be game over for the meteoric rise of the computer
games industry?

Much eye-catching activity in the consumer sector is coming
from Asian markets, both in terms of the level of corporate
venturing investment by native groups and the investment in
high-growth winners in those markets.

Ride sharing app operator Lyft has raised $250m in its latest venture capital round, while Alibaba makes yet another large investment.

The assets of the hybrid electric car maker has now been fully transferred to Wanxiang, which is also the owner of past Fisker investor and battery supplier A123 Systems.

The Naspers and Tencent-backed, ibiboGroup has followed its purchase of bus ticketing company redBus last year with the acquisition of another India-based bus travel service.

This is promising for other groups, such as Canada and South Africa-based energy groups Cenovus and Sasol, which have decided against continuing or forming a formal corporate venturing programme, senior executives at both companies said.