Transport

Lotte Ventures was among the participants in an $88.4m round which will help the mobility platform developer increase headcount and strengthen its technology.

Yingtong Technology and LY.com were among the backers in a $1.2bn round for the Changan, FAW, Dongfeng Motor, Tencent, Alibaba and Suning-founded on-demand ride provider.

E-commerce fulfilment technology provider Fabric closed a series C round, backed by Koch Industries and Harel Insurance and Finance. This is one of the latest sizeable rounds in the still booming e-commerce space.

Wells Fargo Strategic Capital took part in a $52.5m round for digital mortgage platform developer Maxwell while corporate-backed music distributor UnitedMasters closed a $50m series C.

Cybersecurity software developer Sonrai Security, small business insurance provider Coterie and fashion brand Love, Bonito each raised $50m in corporate-backed rounds.

Qihoo 360 has returned to lead the latest round for Hozon's electric vehicle subsidiary, closed at a reported $4bn post-money valuation.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

Chalo has acquired the corporate-backed shuttle bus aggregator, which had raised roughly $120m from investors including BCC, Amazon, Dentsu, Toyota, Sojitz, SIG and Compound Partners.

Econos was among the LPs that have committed to the green search engine provider’s venture capital vehicle, which is set to reach a first close early next year.

SoftBank helped the e-scooter rental service complete the first tranche of a series D round that took its overall funding to $660m.

N26, which counts corporates among its previous backers, raised a sizeable round at a $9bn valuation. This round comes to underscore the growth in valuations we have been seeing in the fintech space.