UniServices has committed $2m to a targeted $20m series B round through the Inventors Fund, with investors also including Daimler Financial Services.

The Csiro Innovation Fund has invested $890,000 in RapidAim, co-founded by three Csiro researchers, to support a trial of a fruit fly monitoring system.

Stanford-StartX Fund has invested in childhood development app creator Kinedu, which counts childcare provider Advenio among its early backers.

Satellite launching rocket producer Gilmour Space Technologies has been backed by Main Sequence Ventures, managers of Csiro Innovation Fund, taking its total to $17.4m.

Harare Institute of Technology's new tech transfer office is currently preparing documents to secure its policy base after assisting president Emmerson Mnangagwa's "100-day" drive earlier this year.

University of Melbourne and Lockheed Martin have contributed to an additional $94.8m tranche for the Csiro Innovation Fund, bringing its total to $167m.

Ngaio Merrick has been on the commercialisation initiative's board since 2016, having previously worked with a municipal development agency.

University of Queensland revealed it has generated more than 100 spinouts since 1988, with probiotic drink manufacturer Perkii becoming number 100 in 2016.

Leigh Sullivan will leave his position as vice-chancellor for research and innovation at Federation University Australia to take on the same position at Canberra.