Information Technology

South China University of Technology spinout POI-Tech is working on industrial internet applications and will use some of the money to expand R&D activities.

The firm has launched a fund and accelerator called Boab AI that will be run by Deakin University’s former ventures director Andrew Lai.

A round up of the week's new fund and incbuator launches.

Today's deal net contains news from RAW Labs, Neuropain Therapeutics and Swajal.

The past week's M&A exits included Genetirate, DataFleets and SightGlass Vision.

Advancing technology originating at UC Berkeley, Databricks has increased its valuation more than fourfold to $28bn and will use the funding to further scale its business.

Four of the incubator’s portfolio companies will pitch to investors at the GCV Digital Forum 3.0 following the success of similar competitions at our previous events.

Academic research towards quantum computing and other quantum technologies is beginning to pay dividends, but continued progress will rely on strong cooperation between academic, industry and government partners.

Steady is the assessment that comes to mind, rather than remarkable, when probing the year-on-year direction of corporate venture capital investment in university spinouts.