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$500m And Above

SoftBank to drive $1bn round for Uber ATG
SoftBank, Toyota and Denso are expected to be among the investors supplying $1bn for Uber's autonomous driving division when it spins off at a valuation of about $7.3bn.
Grab grasps for $6.5bn in latest round
The Southeast Asian ride hailing service aims to add $2bn to a $4.5bn round that includes SoftBank Vision Fund, Toyota, Hyundai, Ping An and Microsoft.
Hellobike enters new funding cycle
The bicycle rental service, which counts Ant Financial, Fosun and WM Motor among its investors, is said to be targeting $500m to $1bn in its next round.
Zoomcar revs up for $500m round
Existing investor Mahindra & Mahindra is reportedly in line to lead the car rental platform's next round with an investment of between $300m and $400m.
Paytm makes passage towards $2bn
Paytm owner One97 Communications is reportedly seeking between $1bn and $2bn in a SoftBank Vision Fund and Ant Financial-backed round, at a valuation of up to $18bn.
Ke collects Tencent on its way to $800m
The Lianjia spinoff is currently raising $800m in a series D round that will be led by Tencent, and which looks likely to be its first external funding.
OneWeb nets $1.25bn
The satellite-based internet network developer has now raised $3.4bn in total, with existing investors SoftBank, Grupo Salinas and Qualcomm all backing its latest round.
Royole flexes $1bn funding muscles
Flexible display manufacturer Royole is seeking $1bn in funding as it prepares for an initial public offering that could provide an exit to Yuexiu Group.

Other News

STX stacks up $700m
The film and TV studio, backed by Tencent, PCCW, Liberty Media and Madison Wells, has secured at least $100m in equity funding as part of a $700m equity and debt round.
Analysis: Rivian gets $700m delivered from Amazon
Amazon led the latest round of electric truck developer Rivian Automotive sized at $700 – the first large corporate-backed round in this space for 2019.
Big Deal: Vision Fund makes billion-dollar Grab
SoftBank Vision Fund invested $1.46bn to take Grab's series H round, already backed by Toyota, Hyundai, Kia, Booking Holdings, Central Group, Yamaha, Ping An, Microsoft, Tokyo Century and KBank, to $4.5bn.
Go-Jek accepts $100m from Astra
Astra International has committed $100m in series F capital to Go-Jek as part of an agreement to integrate the corporate’s fleet management system into Go-Jek’s vehicles.
Danke houses $500m series C
Ant Financial has co-led a $500m series C round for Danke Apartment, which previously collected funding from investors including Bertelsmann and Ucommune.
Chehaoduo motors ahead with $1.5bn
SoftBank Vision Fund has committed $1.5bn to Chehaoduo, whose past funding rounds include a $818m series C round led by Tencent a year ago.

Editor's Picks

Big Deal: Vision Fund makes billion-dollar Grab
SoftBank Vision Fund invested $1.46bn to take Grab's series H round, already backed by Toyota, Hyundai, Kia, Booking Holdings, Central Group, Yamaha, Ping An, Microsoft, Tokyo Century and KBank, to $4.5bn.
Flexport extracts $1bn in SoftBank-led round
Cargo shipping services platform Flexport is now valued at $3.2bn following a $1bn round led by SoftBank Vision Fund that will go to technology development and hiring.
Rivian rides Amazon to $700m
Amazon has led the electric truck developer's latest round, which featured existing backers likely to have included corporates Abdul Latif Jameel and Sumitomo.
Oyo completes $1bn booking
Didi Chuxing has invested $100m in the hotel platform, allowing Oyo to close a $1bn round led by SoftBank Vision Fund and backed by Grab.
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