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Catch up with the week’s news:

 

Auckland coats new spin-out

Cirrus Materials Science, a spin-out developing surface coatings for use in manufacturing, launches out of Auckland University.

Powerhouse charges up for IPO

New Zealand-based commercialisation firm Powerhouse Ventures considers IPO.

Dapcom finds space for incubation

Barcelona spin-out Dapcom Data earmarked by the European Space Agency to join space-focused incubation programme.

Florida appoints interim head

Florida State University names Brent Edington as interim director of TTO.

Xeros sets cycle to consumer

Leeds’ environmentally-friendly washing machine spin-out Xeros changes focus to consumer market.

Midatech goes public

Nanomedical Cardiff spin-out Midatech raises £32m through IPO on London’s AIM.

News roundup 10 Dec

Catch up on last week’s news.

Nexthink ponders $14.5m

IT analytics firm Nexthink secures $14.5m series D.

Forget the three laws of robotics, this AI predicts laws

The sovereign wealth fund of Singapore invests in US-based FiscalNote, a company predicting the outcome of legal and regulatory decisions using artificial intelligence.

Mercia gets Christmas IPO early

UK-based early stage investor Mercia plans for £70m IPO this side of the festive season.

Protagonist drives $18m story

Queensland life sciences spin-out Protagonist Therapeutics closes second tranche of $18m series B round.

Congenica welcomes £1m from CIC

Congenica, a spin-out from charitable foundation the Wellcome Trust, raises £1m via Cambridge Innovation Capital.

Mercury fund orbits research-driven firms

Texas-based seed and early-stage venture firm Mercury announces $105m fund.

Sentient gets smarter with $103.5m

MIT’s Sentient Technologies, which is developing artificial intelligence on a large scale, has emerged from stealth with a Tata and Access-backed round that boosted its funding to $143m.