Transport

The driver safety technology provider's series B round was led by Ping An Capital at a valuation of almost $1.56bn and also featured SK China.

Cosco Shipping Development was among the investors in a round set to boost the self-driving technology developer’s research and development activities.

GAC and Bosch were reportedly among the investors which put up fresh capital for the autonomous driving technology developer at a $4.4bn valuation.

The drone technology provider raised capital from a host of corporates, bringing its total funding to over $84m.

Industrial data software producer OnePredict closed a $25m GS Energy-backed series C round while several corporates helped drone infrastructure provider Skyports raise $23m.

The Global University Venturing deal net rounds up the smaller investments from across the university innovation ecosystem.

The Global and China L4 Autonomous Driving and Start-ups Report, 2021, found that except for a few companies, such as Waymo and Uber, which performed worse than expected, level four (L4) autonomous driving firms in other fields gained momentum.

Hikma led a $15m extension to surgical robotics developer Activ Surgical's series B round, now sized at $60m, while data collaboration software provider Hex raised $52m from investors including Snowflake and Databricks.

End-to-end automotive e-commerce marketplace Fair is set to be acquired by peer Shift in a deal part financed by SoftBank, an investor in both companies.

Multiple corporates helped call centre software producer Cresta raise $80m at a $1.6bn valuation while agricultural intelligence provider Apollo secured $40m in a round led by Softbank Vision Fund 2.

General Motors agreed to buy out SoftBank and invest a further $1.35bn in the autonomous vehicle developer, which it spun off four years ago.