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Information Technology

IIT-D prepares deep tech strategy
Indian Institute of Technology-Delhi will launch a deep tech incubator and innovation strategy on the back of its recent success in becoming an Indian government-sponsored institute of eminence.
Mind Foundry discerns Parkwalk funding
The follow-on investment complements $1.7m raised by Oxford data analytics spinout Mind Foundry in 2016 from investors including Oxford Sciences Innovation.
Zapata quantifies $21m series A
The Engine has participated in a $21m series A round for its portfolio company Zapata Computing, a quantum technology spinout of Harvard University.
Corporates affirm Affectiva interest with $26m
Aptiv and CAC Holdings joined corporate venturing units Trend Forward Capital and Motley Fool Ventures in a $26m round that almost doubled the MIT spinout's funding.
Vector delivers $10m series A
Vector has received funding from UC-backed Congruent Ventures among others as it looks to enhance its software in supporting back office logistics functions.
Liopa gets more than lip service in seed round
Queen’s University Belfast speech recognition technology spinout Liopa is working on a product that analyses lip movements to provide more robust analysis in noisy environments.
Deal net: 1 – 5 April 2019
The Global University Venturing Deal Net rounds up the week’s smaller deals and tracks the startups emerging from universities and raising funding.
Mints chips in to $6m Movellus round
University of Michigan’s Mints vehicle joined existing investor Intel Capital for SOC producer Movellus’ series A round, which increased the company's overall funding to $10m.

Other News

SambaNova snags $150m
Stanford-founded AI application platform developer SambaNova has raised $150m in a series B round led by Intel Capital that also featured existing investor GV.
UA embarks on Sidecar Learning
IT training software spinout Sidecar Learning has received capital from University of Arizona’s Asset Development Program after joining the state-funded I-Corps accelerator.
GeoSpock locates additional capital
Parkwalk Advisors has injected an additional $2.6m into GeoSpock, two months after the Cambridge spinout secured $12.8m in a round co-led by the fund manager.
Saarland takes its incubator nationwide
IT Inkubator at University of Saarland will open its program to researchers across Germany, who will however have to join the existing facilities in Saarbrücken.
NovaUCD connects 5G and IoT accelerator
Twelve teams will be given the opportunity to participate in the ten-week accelerator, which is also backed by corporates Vodafone Ireland and Ericsson.
Toronto plans new innovation complex
The university will benefit from a hub to house its AI and biomedical research in addition to co-working space and a think-tank targeting the ethics of emerging technologies.

Editor's Picks

Taking a leap towards the quantum future
Isis Innovation's Rakesh Roshan investigates the looming age of quantum computing.
Profile: In-Q-Tel
Tsinghua spreads $1.3bn buyout
Tsinghua University offers $1.3bn in a takeover bid of smartphone chipset manufacturer Spreadtrum.
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