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Transport

AIpark aces series C round
The smart parking technology developer has received $42.4m of fresh capital which came two years after a series B round led by Nio Capital.
Corporate venturing deal net: 22-26 June 2020
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Cazoo catches funding at billion-dollar valuation
The used car marketplace has achieved unicorn status after raising $31.3m in funding from investors including existing backer DMG Ventures.
CassTime shows class to raise $50m
The Fosun-backed automotive parts trading platform boosted its total series B funding to $130m with a series C2 round led by Greater Bay Area Homeland Investments.
Corporate venturing deal net: 15-19 June 2020
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Copec sets stage for corporate venturing
The oil and gas producer’s Wind Ventures vehicle features ex-corporate venturers from Konica Minolta and GM Ventures, and has revealed its first portfolio companies.
Corporates chip in as BYD Semiconductor gets $113m
SK China, Xiaomi and Lenovo were among the investors as BYD's electric vehicle chip spinoff added $113m to the $265m it announced last month.
OnTruck loads up fresh funding
OGCI Climate Investments led a $19.3m round for the digital freight platform operator that included existing backer Total Carbon Neutrality Ventures.

Other News

Mancando manages series B close
The Legend Capital-backed auto parts e-commerce marketplace boosted its total funding to $110m in a $56.6m round led by Huaxing Growth Capital Fund.
Vroom hits public markets in $468m IPO
The online car retailer will float in an upsized offering that represents an exit for AutoNation, having raised more than $720m in venture funding.
Lilium levels up latest round to $275m
The air taxi developer added $35m from Baillie Gifford to a $240m first close led by Tencent in March, and is now valued above $1bn.
Analysis: SoftBank funds Didi’s autonomous driving subsidiary
SoftBank led a $500m round for the driverless vehicle software spinoff of the ride hailing company Didi Chuxing.
Corporate venturing deal net: 1-5 June 2020
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Xiaolinggou plugs into series A round
Geely's new energy vehicle rental service has pulled in $96.7m in series A funding from investors including Ningbo Yincheng Group.

Editor's Picks

Exor mobilises $200m for Via Transportation
Transportation services provider Via raised the money as part of a series E round also featuring Shell, Hearst Ventures and Mori Building valuing it at $2.25bn.
Gojek carts away $1.2bn
Unnamed investors have added $1.2bn to a round already featuring AIA, Mitsubishi, Visa, SCB, Astra International, Tencent, JD.com and Google that reportedly now totals near $3bn.
Waymo gets off the mark with $2.25bn
Autonomous car developer Waymo has snatched up its first external funding, with parent company Alphabet, Magna International and AutoNation all investing.
Grab takes $856m amidst Gojek merger rumours
Reports suggest Grab, which just raised $856m from strategic partners TIS and Mitsubishi UFJ Financial Group, is in talks to merge with rival Gojek in a $23bn deal.
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