Lancaster University spinout Relative Insight has received an undisclosed sum from a government-backed investment vehicle for its linguistics-based market research product.

IBM and MIT have inked a $240m research venture aimed at developing artificial intelligence technologies over a 10-year term.

A Duke University spinout based on research by Lawrence Carin, professor of electrical and computer engineering, has received $10m of initial funding from Carrick Capital Partners.

A round up of all the latest news on www.globaluniversityventuring.com for our subscribers.

Samsung has made an $89m investment in TU Wien spinout TTTech, committing the cash through its newly established Samsung Automotive Innovation Fund.

Online behavioural therapy platform Ieso Digital Health has raised $20m of a $24m round co-led by Touchstone Innovations and Draper Esprit.