Information Technology

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.

The follow-on investment complements $1.7m raised by Oxford data analytics spinout Mind Foundry in 2016 from investors including Oxford Sciences Innovation.

The Engine has participated in a $21m series A round for its portfolio company Zapata Computing, a quantum technology spinout of Harvard University.

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 has received funding from UC-backed Congruent Ventures among others as it looks to enhance its software in supporting back office logistics functions.

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.

The Global University Venturing Deal Net rounds up the week’s smaller deals and tracks the startups emerging from universities and raising funding.

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.