Transport

Business-to-business (B2B) e-commerce marketplace Udaan extended its series D round with a $280m tranche, featuring Tencent. The company is one of the comparatively few B2B e-commerce deals we have reported, despite the relative size and importance of the B2B in it.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

The autonomous driving software provider completed a series B round led by BP Ventures that also featured corporate investors Tencent and Halma.

University of Oxford’s autonomous driving software developer Oxbotica has secured $47m in a series B round featuring IP Group as well as several corporates.

Porsche and Lockheed Martin-backed lidar sensor technology developer Aeva will get the funding once its reverse merger with InterPrivate Acquisition Corp closes.

This is a draft of a speech I'll be making at the www.GCVDigitalForum.com on 27 January - feedback much appreciated in comments or email jmawson@mawsonia.com 

Restructure at BP follows Meghan Sharp's return as global head of ventures.

Battery producer Sila Nanotechnologies, previously backed by a number of corporates, raised its latest multimillion dollar round, tripling its valuation.

Hirschvogel Automotive invested in a $19.5m round for the the electric vehicle motor manufacturer in conjunction with a partnership agreement.

Magnax raised the cash from investors including automotive parts firm Hirschvogel Automotive with a view of broadening R&D and entering new markets with its EV motor technology.

Micromobility, AI-equipped drug discovery, home fitness and cloud kitchens are among the sectors that look promising in 2021.