Financial

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.

The Bumble and Roc Nation-backed bill payment platform developer secured series A cash that pushed its overall funding to about $30m.

Ikea holding company Ingka Investments is paying an undisclosed sum for a 49% stake in financial services provider Ikano.

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

GV returned for a $120m raised by Blockchain.com and was joined by Access Industries, days after cryptocurrency Bitcoin broke through $50,000 for the first time.

The Mouro Capital-backed developer of customer engagement technology has hauled in fresh growth equity funding from Warburg Pincus.

Coinbase Ventures has invested in the decentralised trading platform through the purchase of its native tokens.

Mogo has agreed to buy a nearly 20% stake in the cryptocurrency trading platform operator and will have the right to double this through a secondary transaction.

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.