A Duke University spinout based on research by Lawrence Carin, professor of electrical and computer engineering, has received $10m of initial funding from Carrick Capital Partners.

Duke University secured $10m on Wednesday for Unicorn ML, a new machine learning spinout from investment firm Carrick Capital Partners.

The­ spinout will be based on research by Lawrence Carin, vice-provost for research and professor of electrical and computer engineering at Duke University’s Edmund Pratt School of Engineering, who will also become chief sc­­ientist. 

Carin’s research group has outlined an updated design for variational autoencoders, the component that attempts to replicate or create output based on data previously fed by…