Transport

Legend Holdings' Legend Star unit led a round for optical chip producer Turing Quantum sized above $15m while several Japanese companies also raised money.

Existing investor Telkomsel provided the cash as on-demand ride provider Gojek prepares to seal a merger with e-commerce platform Tokopedia at an $18bn valuation.

Solid-state battery developer Solid Power secured a $130 series B round co-led by its potential customers from the automotive sector BMW and Ford Motor Company.

Hella and Susquehanna International Group both took part in a series B round that increased the radar technology developer's overall funding to $75m.

A decade or more after setting up the golden age of corporate venturing units were set up with a focus on life sciences and healthcare, such as US-listed conglomerate Alphabet’s GV (formerly known as Google Ventures) and US-listed drugs company Merck’s Global Health Innovation Fund (GHIF), and the returns have surpassed many expectations.

Ericsson and Maersk Growth were among the investors in the autonomous logistics vehicle developer's series B round.

SoftBank Vision Fund led a $75m round valuing OKR platform developer WorkBoard at $800m while therapist network provider Headway hit a $750m valuation.

Solidia Technologies, Kelun Biotech and Doer Biologics all raised more than $70m while Sony added cash to a round valuing Discord at $7bn.

Shapeways is another company from the 3D printing space, which has gone public through a reverse merger, after its peer Desktop Metal in 2020. The additive manufacturing space has seen a somewhat modest interest from corporate investors in the past decade.

Driverless vehicle developer EasyMile closed a $66.4m round featuring Alstom and Continental while UCB and LivaNova-backed EEG technology developer Ceribell secured $53m.

Susquehanna International Group's SIG China subsidiary led a round for the online car dealership that included several existing backers.