Transport

AI Q4 2021 report editorial by James Mawson, editor in chief, Global Corporate Venturing

The used vehicle marketplace was valued at over $1bn in a series C round featuring BMW i Ventures to hike its overall funding to over $276m.

Property developers Sattva Group and Athiyas Group both contributed to a round for Simple Energy, which recently released the first model of its electric scooter.

Motherson Lease Solutions backed the parking location app developer in a series B round that valued it at $160m.

Online skills platform developer Sanjieke disclosed over $31m in funding from investors including Udemy while gaming guild Avocado Guild pulled in $18m through a round co-led by Animoca Brands.

BlackRock joined the charging network's existing shareholders - BMW, Ford, Mercedes-Benz, Volkswagen, Audi, Porsche, Hyundai Motor Group and Kia - in the round.

General Motors purchased a 25% stake in the electric boat engine maker as part of a $35bn electrification technology drive.

VKR Holdings is a cornerstone investor of the venture partnership’s Fund 1, which will back early-stage companies developing technologies designed to alleviate climate change.

Coinbase Ventures contributed to a $55m round for music-focused NFT platform developer Royal while neural search technology developer Jina AI raised $30m in an SAP-backed round.

Vifor Pharma is snapping up Lundbeck and Baxter-backed vascular drug developer Sanifit for at least $231m while solar project developer SUN Energy closed $25m in funding at a $200m valuation.