IT firm Infosys invests $2m into Carnegie Mellon University air quality monitoring spin-out Airviz.

Carnegie Mellon University spin-out Airviz, which is developing a personal air quality monitoring system, has raised $2m in seed backing from IT firm Infosys.

The news comes as the firm announced that it has set aside half of its $500m Innovation Fund exclusively for early-stage India-based companies, and plans to launch an incubator in the country.