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SVolt plugs into $541m series A

Great Wall Motor's automotive battery technology spinoff has raised $541m in a round co-led by Bank of China Group Investment and CMG-SDIC Fund Management.


Feb 26, 2021

ECarX drives through another $200m

The Baidu, Geely and SIG-backed in-car technology developer hiked its valuation to $2bn in a series A-plus round led by China Venture Capital Fund.

Feb 26, 2021

WiTricity powers up to $52m

The vehicle charging technology developer, a spinout from MIT, has secured a further $18m for a Mitsubishi-backed round.

Feb 26, 2021

Joby Aviation takes flight for reverse merger

The Intel Capital, JetBlue Technology Ventures, Toyota AI Ventures and Uber-backed flying car developer is set to list on the NYSE.

Feb 25, 2021

Lucid Motors reveals reverse merger details

Mitsui-backed Lucid will be valued at $11.8bn once the deal closes, as it prepares to commercially launch its all-electric luxury sedan.

Feb 23, 2021

Xos carries itself to reverse merger

Proeza-backed electric truck producer Xos will list on the Nasdaq Stock Market and have an implied pro forma market capitalisation of $2bn.

Feb 23, 2021

Qingju to raise $600m in series B cycle

The bicycle rental service, which was spun off by Didu Chuxing, is reportedly to close a $600m series B round alongside $400m in debt financing.

Feb 22, 2021

Analysis: SpaceX takes $850m round

Spacecraft manufacturer SpaceX reached a $74bn valuation, a more than sixfold increase on the $12bn it fetched when Google led a $1bn round in 2015.

Feb 22, 2021

Vogo pogos to series C extension

The Ola-backed urban mobility platform developer has added $11.5m to the $19m in series C funding it secured early last year.

Feb 20, 2021

Kakao Mobility hails Carlyle for $200m

Kakao’s ride hailing spinoff Kakao Mobility has received $200m from Carlyle Group.

Feb 19, 2021

Recogni spots series B investors

The automotive vision technology developer raised $48.9m in a round featuring Continental, Toyota AI Ventures, BMW i Ventures, Robert Bosch Venture Capital and Fluxunit – Osram Ventures.

Feb 19, 2021

Shinsegae Group hails Grab deal

Signite Partners said it had invested because "millions of people use Grab daily".

Feb 19, 2021
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