Cruise is set to receive the balance of the $2.25bn pledged by SoftBank Vision Fund in 2018 after commercially launching its autonomous taxi service in San Francisco.

Uber's autonomous driving spinoff, which had raised $1bn from SoftBank Vision Fund, Toyota and Denso, is merging with self-driving technology producer Aurora.

The property and casualty insuance provider nearly doubled its overall funding with a strategic investment by MS&AD subsidiary Mitsui Sumitomo.

The banking group is providing the funding as part of a collaboration deal that will involve it building a financial services app with Grab.

Jin Jiang International and Legend Holdings will get exit routes through the deal, which is set to give SoftBank a stake in the workspace provider sized at about 80%.

Toyota will invest $600m into Didi Chuxing and form a joint venture also involving GAC Toyota Motor that will be focused on vehicle-related services for ride hailing drivers.

E-cigarette brand Juul has overcome internal opposition to agree a $12.8bn investment by Marlboro owner Altria at a $38bn valuation.

SoftBank's Vision Fund supplied $2bn for the e-commerce marketplace at a $9bn valuation, three years after a $1bn investment by its parent company.