Transport

Qualcomm Ventures, Sapphire Ventures, which has SAP as its sole limited partner, Softbank Corporation and US financial firm SVB Financial were big winners from the floatation of the fitness tracking business last week.

Global Corporate Venturing tracked six direct investments linked to oil and gas corporate venturing units. There was also one undisclosed fund investment by Chevron Technology Ventures, the sponsor of our research, and an exit by Statoil Technology Ventures.

Backed by Alibaba and Tencent, the ride-sharing app is looking to raise a $1.5bn round to fend off rival Uber.

The ride-sharing app, which is backed by Baidu in China, now enables a million trips in the country as it prepares to expand into 50 cities.

Logistics startup FourKites secures $1.25m in round backed by Harvard Business School Angels.

Logistics company GoGoVan has extended its Renren-backed series B by $10m, doubling the funding raised in the round.

Connected car platform developer Vinli has attracted series A funding from investors including Samsung, Cox Enterprises and Continental.

SoftBank took a 20% stake in the Korea-based e-commerce company, as part of a long term strategy that could see it become the world's largest e-commerce player.

Accelerators are increasing their startup impact through corporate backing. The rapid growth in numbers is raising questions of results and sustainability.