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Cerebri celebrates $5m series A

Jul 2, 2018 •

Cerebri AI, a US-based customer engagement software provider co-founded by a University of Texas at Austin (UTA) alumnus, closed a $5m series A round on Thursday backed by University of Texas’s Horizon Fund.

M12, the corporate venturing arm of technology and software maker Microsoft, led the round with contributions from venture capital firm WorldQuant Ventures and VC fund Leawood Venture Capital.

Founded in 2015, Cerebri AI has created a cloud-hosted software product called Cerebri Values that uses artificial intelligence and…

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Half of Australian universities have a spinout fund — ahead of US and Europe

Australia has one of the world's most mature university investment ecosystems, thanks to large pensions funds, Uniseed and royalties from wifi.

First-time equity deals in UK spinouts fall 22% — report

The number of deals in UK spinouts at the earliest stage of equity investing has been falling over the past few years, highlighting a potential bottleneck in early-stage funding.

Will influx of pension cash keep more high-growth startups in the UK?

Hopes are lifting that increased pension investment will encourage late-stage startups to stay in the country and even seek to list on the London Stock Exchange.

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