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Transport
BMW i Ventures revs up $300m fund
BMW's investment arm has formed a second, sustainability-focused fund and appointed Marcus Behrendt and Kasper Sage as managing partners.
Jul 1, 2021Bestmile runs out of steam
EPFL spinout Bestmile is winding down, citing pandemic-related challenges and a failed attempt at getting acquired.
Jun 30, 2021Didi crashes on to NYSE in $4.4bn IPO
SoftBank, Uber and Tencent are the largest external shareholders of the on-demand ride service, which has floated in an upsized $4.44bn offering.
Jun 30, 2021Bestmile runs out of steam
The fleet management technology provider is winding down following some $33m in funding from investors including Airbus Ventures and Groupe ADP.
Jun 30, 2021MobilityX gets driven to closure
The Toyota Tsusho and SMRT-backed transport booking app developer has shut down three years after it was founded.
Jun 30, 2021Daily Deal Round Up: June 28
Juniper Networks, Wargaming and CME Group have exited secure communications app developer Wickr in an acquisition by AWS while Country Garden reinvested in tea producer Chali.
Jun 28, 2021Outdoorsy explores $120m round
Convivialite Ventures and SiriusPoint co-led the $90m equity portion of the RV rental service's latest round, taking its overall equity funding to over $170m.
Jun 28, 2021Analysis: Manbang Group goes public
A number of corporate backers scored an exit from trucking services marketplace Full Truck Alliance (Manbang Group), as the latter went public in the US. This transaction exemplifies an upward trend in exits for corporate-backed businesses from the transport and mobility space.
Jun 28, 2021Daily Deal Round Up: June 25, 2021
Waste management software provider Recycle Track Systems bagged $35m in a Citi-led series C round while muscular dystrophy drug developer Vita Therapeutics completed a $32m series A.
Jun 25, 2021Xpeng drives to dual-listed IPO
The EV manufacturer, backed by Alibaba, Duowan, Foxconn, UCar and Xiaomi, has filed to float in Hong Kong, and will potentially raise almost $2bn.
Jun 25, 2021WeRide ratifies $310m series C
The autonomous vehicle technology developer has disclosed it raised $310m in its latest round, which included corporate joint venture Alliance Ventures.
Jun 23, 2021Daily Deal Round Up: June 22, 2021
Maersk Growth and Raed Ventures co-led a $42m round for shipping platform developer Trella while GV exited deep learning software provider Determined AI.
Jun 22, 2021Featured Content
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