40 North Ventures, Honeywell and Sumitomo Mitsui were among the strategic investors.

The automotive vision technology developer raised $48.9m in a round featuring Continental, Toyota AI Ventures, BMW i Ventures, Robert Bosch Venture Capital and Fluxunit – Osram Ventures.

“Before we have reached singularity developing materials faster does not provide much of an upside, as with the current regulation systems introducing them still takes a decade,” according to George Gogolev, head of Severstal Ventures, the corporate venturing unit of Russia-based industrials conglomerate Severstal.

Spacecraft manufacturer SpaceX has pushed its valuation to $74bn, a more than sixfold increase on the $12bn it fetched when Google led a $1bn round in 2015.

Prologis has participated in a series E round for the warehouse robotics technology developer, although Zebra Technologies did not return this time.

Washington University in St Louis joined a consortium of investors that provided $130m in series B financing to the commercial space station developer.

The SEB-backed tranche has helped the Stockholm spinout lift the round to $13.3m, which will be used to conduct a proof-of-concept run.

The Industrifonden-led tranche has helped the Stockholm spinout lift the round to $13.3m, which will be used to conduct a proof-of-concept run.

Actor and producer Robert Downey Jr, best known of late for his role as Tony “Iron Man” Stark, in June 2019 at Amazon’s Re:MARS conference, said that “between robotics and nanotechnology, we could clean up the planet significantly, if not totally, in 10 years.”

Inpex and Nanto CVC have backed a $14.3m round for the drone services company, which has itself already conducted corporate venturing deals.