The industrial data analytics provider has been backed by the Stanford-StartX fund, after graduating from the accelerator program in 2016.

UCD spinout Nuritas will mark the commercial release of a sports nutrition product formulated in part by its peptide discovery platform next year.

Neuspera is developing technology to power devices such as pacemakers by manipulating the direction of electromagnetic waves, exploiting research at Stanford University.

Annual review: 2017

Corporate briefing: The upper end continued to grow and corporates launched a raft of artificial intelligence (AI) funds, as bike sharing, real estate, smart vehicles and urban farming drew capital

The spinout-focused fund could invest up to $9.2m in companies, with a focus on automated driving, artificial intelligence and healthcare.