Transport

Sector report: Healthcare

BAT is vying to become a leader in the on-the-go wellbeing and stimulation space through a new corporate venturing unit that has been quietly investing in the space since last summer.

American Airlines, Avolon, Honeywell, Rolls-Royce, 40 North and M12 have contributed to a private placement backing the transaction.

SoftBank Vision Fund 2 and MSIG are among the investors that have backed the used car marketplace’s latest round, valuing it at more than $1bn post-money.

The Google-backed on-demand ride service spun off by Kakao has received fresh funding from returning investors Carlyle and TPG.

The joint venture between Grab and BRI’s respective accelerators will concentrate on Indonesia-based developers of technology for merchants and small businesses.

Online vehicle retailer Motorway, restaurant ordering software provider Popmenu and meat and fish e-commerce platform Licious have all raised between $65m and $68m.

The SoftBank, Tencent and Shougang-backed online car retailer boosted its valuation to $10bn in a round led by H Capital.

The charter bus booking platform is planning a significant expansion following a capital injection supplied by investors including SoftBank.

Berkshire Hathaway led a second tranche of a series G round, raised by Nubank, a Tencent-backed virtual bank based in Brazil, at a $30bn valuation.

The corporate-backed on-demand ride provider has filed for an initial public offering in the US and could raise as much as $10bn in proceeds.