The two Australia universities come together to create a biomedical research enterprise called M2 Venture Catalyst with the backing of the state of Victoria.

Chile brings together 26 universities and 12 science laboratories with a fund to centralise technology transfer with three hubs in the country.

Australia-based data exchange platform Data Republic has raised $7.6m in a round featuring domestic corporates Qantas, Westpac and National Australia Bank.

The fund is set to boost investments in early-stage companies, which have had so far had to rely primarily on public money.

Leela Devi Dookun-Luchoomun, the Mauritius minister of education and human resources, tertiary education and scientific research, spoke at the launch of Mauritius University's Knowledge Transfer Office.

The two Australia-based, Rocket Internet-backed grocery e-commerce businesses have merged into a single company that will operate as ShopWings.

Queensland, Sydney, RMIT, South Australia and Curtin universities agree to a standardised approach to IP to increase the country's current OECD ranking.