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Transport

Coco catches $36m series A
The UCLA spinout was originally known as Cyan Robotics and has added $36m to its funding thanks to investors including Silicon Valley Bank.
Bestmile runs out of steam
EPFL spinout Bestmile is winding down, citing pandemic-related challenges and a failed attempt at getting acquired.
FlixMobility picks up $650m
The UVC Partners-backed bus and train service hiked its valuation to $3bn in a series G debt and equity round that will fund the expansion of its routes.
MaxiEye drives into $23m series A-plus
Tsinghua Research Capital has participated in a $23m series A-plus round for the self-driving technology developer.
MaC makes $103m fund a reality
MaC Venture Capital has raised its inaugural seed fund thanks to limited partners including University of Michigan and Howard University.
Oxbotica opens up to more series B cash
Ocado will provide $13.8m in a series B extension that follows a $47m close in January.
Altaroad finds way to $11.7m
Satt Paris-Saclay’s portfolio company Altaroad has raised $11.7m in funding.
Lilium lands on $3.3bn reverse merger
The vertical take-off and landing jet developer, an Unternehmertum spinout, is joining forces with the Nasdaq-listed Qell Acquisition Corp.

Other News

Baraja bags $31m series B
Daily deal net: March 3, 2021
Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Daily deal net: February 11, 2021
Today's deal net contains news from PGDx, Notch Therapeutics, Quell Therapeutics, SpyBiotech, Vision Medicals, Future Meat Technologies, BusUp and Advanced Chemotherapy Technologies.
Prime Movers Lab proceeds to $245m Fund II
The firm announced its second fund the same day as one of its portfolio companies, University of Wyoming-backed Momentus, successfully listed on Nasdaq.
Oxbotica takes series B for a $47m spin
University of Oxford’s autonomous driving software developer Oxbotica has secured $47m in a series B round featuring IP Group as well as several corporates.
Magnax pushes ignition on $19.5m round
Magnax raised the cash from investors including automotive parts firm Hirschvogel Automotive with a view of broadening R&D and entering new markets with its EV motor technology.

Editor's Picks

Stanford revs up SmartDrive
Stanford University is joined by Oak Investment Partners and New Enterprise Associates backing the driving intelligence company.
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