Industrial

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.

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.