Beta Bionics has been launched as a public benefit corporation to commercialise automated bihormonal pumps for type 1 diabetes sufferers.

The biotech spinout will use the cash to fund clinical development and proof-of-concept for its lead candidate targeting influenza by 2018 and 2019.

Nvidia GPU Ventures is part of a consortium that has provided $52m in pre-series A funding for Jingchi, a developer of self-driving car technology.

Universities in Newcastle and Durham have established an accelerator to generate more spinouts in the northeast of England region.

Building on a University of Warwick and EPFL research partnership, ByzGen has licensed patents through Crossword Cybersecurity to develop blockchain-powered data management applicatioins for national defence and security purposes.