The carmakers have supplied $250m in connection with an electric vehicle promotion deal, and the round already includes Toyota, Ping An, Microsoft and Citi Ventures.

Automotive manufacturers Hyundai and Kia Motors agreed today to invest $250m in Singapore-based ride hailing and online-to-offline platform Grab in connection with a partnership deal. The capital will be added on to an ongoing funding round that now totals $2.7bn, the company said, meaning it has raised a total of more than $6.6bn since it…

The rest of this content is only accessible to Global Corporate Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.