Transport

A burning issue,

The corporate venturing unit expects an imminent close on its fundraising with another strategic backer besides Nielsen.

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Google Ventures' fifth arrow in its quiver - helping its portfolio companies and their mergers and acqusitions strategy.

Prior to the deal, Wheelz had raised nearly $16m from VC firms Felicis Ventures, Social + Capital Partnership and Fontinalis Partners and Zipcar, a car rental service acquired by peer Avis.

Fisker Automotive risks bankruptcy amid investor search.

Car maker Mercedes-Benz, industrial group Bosch and insurance company HDI join forces to create a new accelerator.

This is our first quarterly look at the European corporate venturing market.

Wider corporate venturing activity continued to be robust, although the month was down on prior periods. In April there were 64 investments worth $885m, 93 investments worth $1.6bn in the same period last year, and 78 investments worth $905m in March.