Energy

John Cockerill and Air Liquide-backed Xylowatt has declared bankruptcy after failing to build a market for its biomass energy technology.

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

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

GV (formerly known as Google Ventures) and real estate developer Lennar Corporation joined the B round.

Investments from BP and Chevron will support the thermal energy technology developer’s goal of supplying 10 million homes’ worth of power by the end of the decade.

Q&A with Itamar Sivan, the co-founder of Israel-based quantum computer orchestration technology developer Quantum Machines.

Nature’s laws of physics are difficult to replicate through an arrangement of binary computer switches, no matter how many of the switches we have access to.

Cloud servers can be thought of humanity’s first truly global infrastructure given they act as the bedrock for executing artificial intelligence (AI), or so went the argument in a November edition of The Economist.

DeepMind Technologies’ achievement of applying machine learning to predict 3D protein structures has certainly got the scientific world excited, with some experts hailing a massive step forward for medical research.

Feature: AI sector report

The $9.5m investment vehicle will be run by Opt unit Bonds Investment Group for up to 13 years, targeting local entrepreneurs.