Transport

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.

The venture firm co-founded by the eponymous EV maker, closed its latest fund with commitments from new and returning LPs including undisclosed insurance providers.

The car producer will invest in everything from autonomous driving to non-fungible tokens through the newly launched Stellantis Ventures.

Deutsche Telekom-backed DTCP was among the investors that pushed the cybersecurity management platform developer’s valuation to $2.6bn.