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Sense Photonics grasps $26m in series A
Sense Photonics will use the proceeds from the round, which includes Samsung Ventures and Shell Ventures, to bring its lidar system to market.
Innoviz increases series C round to $170m
Lidar technology producer Innoviz has closed its series C round at $170m, two and a half months after raising an initial $132m tranche featuring Harel Insurance and Phoenix Insurance.
Dishangtie parks $100m in series B round
Itochu was among the investors in a series B round that electric vehicle rental service Dishangtie closed at $100m earlier this year.
Apple to swallow
Apple is rumoured to be preparing to move in for self-driving vehicle software developer, opening a potential exit for ride hailing service Grab.
Corporate venturing deal net: 3-7 June 2019
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Toyota AI Ventures calls on Keller
Erin Keller, formerly a senior associate at Yamaha Motor Ventures & Laboratory Silicon Valley, has joined Toyota AI Ventures in a similar role.
Sinochem drives $362m investment in Bordrin
Bordrin Motor has collected $362m in funding from a group of investors led by Sinochem International, while Sumitomo and Positec also participated.
Intel triggers $17m TriEye round
The autonomous vehicle camera maker received $17m in an Intel Capital-led round that will support the formation of alliances with automotive partners.

Other News

Toyota to decide on Didi Chuxing investment
The carmaker, already a shareholder in Uber and Grab, is considering an investment of about $550m in the Chinese ride hailing app developer.
Corporate venturing deal net: 20-24 May 2019
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Moovel moves to Validated acquisition
Jaguar Land Rover has exited mobility rewards app developer Validated in an acquisition of undisclosed size by Moovel.
GCV Symposium 2019: Innovator Showcase
Four innovative companies were introduced by their corporate backers to detail how they are looking to impact the transport and mobility sectors.
Schulte shows off Innoport unit
Schulte Group has initiated corporate venturing activities through a new unit, Innoport, which will invest in startups developing technologies to transform the maritime transport industry.
Analysis: Uber floats in $8.1bn IPO
Ride hailing services company Uber, backed by many corporate investors, held its long-awaited $8.1bn IPO, which was the world's largest since 2014, though many consider it a disappointment

Editor's Picks

Uber arrives on public markets with $8.1bn
SoftBank Vision Fund is selling $245m of shares while PayPal is investing $500m in the ride hailing service, in the world's largest IPO since 2014.
Uber sets IPO terms to target $9bn
Uber is set to raise $7.9bn to $9bn if it floats within its range, while PayPal has agreed to invest another $500m through a private placement.
Big Deal: Uber finally files for IPO
SoftBank Vision Fund and Alphabet are among the largest shareholders in Uber, which has filed for an offering that could value it at $100bn, a decade after it was founded.
Careem rises to $3.1bn acquisition by Uber
Careem has agreed to an acquisition by Uber in a cash-and-convertible note deal, allowing Rakuten, Al Tayyar, Daimler, STC and Didi Chuxing to exit.
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