News focus: Brazil

Deakin University has joined forces with Dimension Data to establish a cybersecurity accelerator in Melbourne.

University of Adelaide has launched its incubator that is expected to house 50 startups by the end of the month.

Over the past few weeks and months, the country has seen positive headlines for large deals, venture fundraising and corporate innovation initiatives.

Queensland spinout Brisbane Materials has collected an undisclosed sum from investors including multi-university venturing fund Uniseed.

Spun out of Queensland and Emory universities, the biotech developer has secured capital from Uniseed and the Medical Research Commercialisation Fund.

IP Group is hoping to raise $260m as the firm reveals it has made a takeover bid for Touchstone Innovations and will establish a new subsidiary in Australia.

Based on research conducted at Sydney University, Abyss Solutions is working on robotics technology to detect damage to in-water infrastructure.