A roundup of exits, including IPOs and acquisitions, across the tech transfer ecosystem.

Alpine Intuition and Cohesive Computing, two Switzerland-based artificial intelligence technology spinouts of EPFL, have agreed to a merger resulting in a combined company called SquareFactory. Alpine Intuition was focused on a fully automated AI-as-a-Service platform and hosting AI models, while Cohesive Computing had specialised in deep learning and high-performance computing to train machine learning models on dedicated cloud infrastructure. SquareFactory will aim to offer an end-to-end machine learning operations platform to train, deploy and host AI applications, while also offering consultancy and development services. Sergio Giacoletto, board member of Cohesive Computing as well as adviser to Alpine Intuition and one of its investors, has been appointed president and interim chief executive of SquareFactory. Details about either company’s historical funding could not be ascertained beyond a low six-figure sum secured by Alpine Intuition from members of Business Angels Switzerland in January 2021.

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Thierry Heles

Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).