Transport

Spinouts always operate, by their very nature, on the cutting edge of science, but every once in a while, one comes along that could prove truly transformational by inventing an entirely new field.

Innovative region: Israel

Special report: Sparsity looks to make AI infrastructure more efficient, AI increasingly useful in the software stack, quantum and classical hardware evolves

Just days after Telkomsel injected $300m into Gojek, the company has finalised its merger with Tokopedia to form a new business called GoTo that will go public this year.

We provide a brief overview of some of the notable exit transactions reported last week. They highlight a broader upward trend in exit transactions for corporate investors, which we have been tracking for some time now.

May was a busy time for exits; GCV reported various multimillion and multibillion deals across sectors.

Sector report: Media

The SenseTime, Nvidia, Johnson Electric and Yutong-backed driverless vehicle technology provider said it has secured hundreds of millions of dollars.

Simon Ventures-backed electric scooter rental service Bird is getting a New York Stock Exchange listing through the merger with Switchback II Corporation.

The SAIC, Wanxiang, Full Truck Alliance and Quanta Computer-backed autonomous trucking technology developer will list on the Nasdaq Capital Market through the deal.

The LTL shipping network operator is reportedly targeting $500m in the listing, which would enable corporates Ping An and Yili to exit.