Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
Imperial College London unveiled UK-based components design software developer ToffeeAM on Wednesday, having incorporated the spinout in March 2019 to develop artificial intelligence and mathematics-driven software for designing components with complex manufacturing attributes, serving applications such as aircraft and car engines. ToffeeAM’s early clients include industrial products conglomerate General Electric. A graduate of customer-focused Imperial accelerator Techcelerate, the company was co-founded by Francesco Montomoli, reader in computational aerodynamics at Imperial’s Department of Aeronautics, together with his PhD student Marco Pietropaoli…