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Corporate venturing deal net: 18-22 February 2019
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Mojio moves series B to $40m
The connected vehicle technology developer has expanded a series B round that includes Assurant, Robert Bosch, Amazon, Innogy, Telus, Deutsche Telekom and its T-Mobile subsidiary.
Ant Financial parks up in Like Chuxing
Ant Financial has joined existing investor Legend Holdings in a series B-plus round that adds tens of millions of dollars to the car leasing platform provider's overall funding.
Lalamove reaches $300m in series D
The round consisted of two tranches, led by Hillhouse Capital and Sequoia Capital respectively, and pushed Aria Group-backed Lalamove’s total funding to $460m.
Ola adds $92m stop to funding route
Sachin Bansal, co-founder of e-commerce company Flipkart, has contributed $92m to corporate-backed Ola’s $1bn series J round, following reports last month that suggested he had committed $21m.
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.
Corporate venturing deal net: 11-15 February 2019
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Go-Jek sets sights on $3bn
Go-Jek is seeking bankers to work on a round already backed by JD.com, Google and Tencent that it now aims to close at $3bn.

Other News

Sina rides TuSimple to $95m series D
Existing backer Sina returned a second time to lead a $95m series D round for autonomous truck developer TuSimple, which has now raised a total of $178m from investors also including Nvidia.
May Mobility makes $22m in series A
LG Technology Ventures, BMW i Ventures and Toyota AI Ventures have contributed to a $22m round that increased the shuttle bus provider's total funding to $37m.
Rivian revs up for billion-dollar valuation
The plug-in electric truck developer is reportedly in negotiations with Amazon and General Motors over a round that would value it at $1bn to $2bn.
Mancando assembles $25m series A round
Legend Capital has contributed to a $25m series A round for Mancando, which provides supply chain services for the automotive parts industry.
AirAsia invites passengers on to investment fund
The airline operator's Redbeat Ventures unit is seeking limited partners for a corporate venturing fund that will be anchored by the corporate.
SoftBank Vision Fund delivers $940m to Nuro
Nuro has already begun trialling its self-driving delivery vehicle and will use the funding to move into new cities and further develop the technology.

Editor's Picks

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.
Large Investment of the Year: Lyft
Having significantly increased its market share in the US in recent years, on-demand transportation company Lyft recently appointed JP Morgan to lead its planned initial public offering (IPO) with an estimated valuation of $15.1bn.
Go-Jek picks up $920m
Google, Tencent and JD.com are among the existing backers that have contributed to the first tranche of a round expected to close at $2bn that valued Go-Jek at $9.5bn.
Hello TransTech greets Ant Financial in $582m round
Hellobike owner Hello TransTech has defied difficulties in the bicycle rental sector to raise $582m in a round co-led by existing investor Ant Financial.
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