The Chinese Academy Of Sciences spinout, which is developing deep learning chipsets, has secured $100m in a series A round featuring CAS Investment.

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The data transfer technology spinout of UCLA has revealed it has raised $53m in funding since 2014, and has formed a strategic partnership with investors including Samsung and Foxconn.

University of Iowa spinout IotaMotion has collect seed capital to help develop its robotic system for cochlear implant surgery.

Scyfer, a spinout from University of Amsterdam that is working on machine learning technology, has been acquired by Qualcomm for an undisclosed sum.

University of Minnesota has revealed it launched 18 spinouts during the past financial year, putting the total number at 119.

Fayteq, a real-time video editing technology developer spun out of TU Ilmenau, has been acquired by Facebook for an undisclosed sum.