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Vertical Aerospace lands $2.2bn reverse takeover
American Airlines, Avolon, Honeywell, Rolls-Royce, 40 North and M12 have contributed to a private placement backing the transaction.
Jun 15, 2021Carro drives through $360m series C round
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.
Jun 15, 2021Kakao Mobility rides to $126m
The Google-backed on-demand ride service spun off by Kakao has received fresh funding from returning investors Carlyle and TPG.
Jun 15, 2021Grab Ventures Velocity grafts on fourth batch
The joint venture between Grab and BRI’s respective accelerators will concentrate on Indonesia-based developers of technology for merchants and small businesses.
Jun 15, 2021Daily Deal Round Up: June 14, 2021
Online vehicle retailer Motorway, restaurant ordering software provider Popmenu and meat and fish e-commerce platform Licious have all raised between $65m and $68m.
Jun 14, 2021Chehaoduo checks in $300m
The SoftBank, Tencent and Shougang-backed online car retailer boosted its valuation to $10bn in a round led by H Capital.
Jun 14, 2021Buser picks up $138m in funding
The charter bus booking platform is planning a significant expansion following a capital injection supplied by investors including SoftBank.
Jun 14, 2021Analysis: Nubank deposits additional $750m
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.
Jun 14, 2021Didi begins IPO proceedings in the US
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.
Jun 11, 2021United Airlines sets up ventures unit
Michael Leskinen will be president of United Airlines Ventures.
Jun 11, 2021Wedberg leaves Scania for Inzile
Daniel Wedberg set up Scania Growth Capital in early 2017.
Jun 11, 2021Waabi warms up with series A round
Aurora and Uber are among the investors in the first publicly disclosed round for the self-driving software developer, which has raised $83.5m.
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