UK intellectual property investment group Tekcapital has announced a strategic alliance with artificial intelligence innovator Nexscient, Inc.
The partnership aims to identify and acquire transformative university technologies that align with Nexscient’s AI and advanced computing focus.
The collaboration leverages Tekcapital’s extensive network of universities and research institutions to create opportunities for both companies. Nexscient will evaluate and pursue acquisitions or licenses of these innovations through strategic transactions designed to generate long-term shareholder value.
Under the agreement, Tekcapital will provide Nexscient with continuous access to a carefully curated pipeline of university-originated technologies. This includes identifying suitable acquisition candidates and leading early-stage negotiations with research institutions.
Tekcapital will also structure initial transactions for technologies that Nexscient may acquire using company stock as consideration. This approach allows for flexible deal-making while preserving cash resources for both parties.
Tekcapital built its five portfolio companies almost exclusively from technologies developed by research organizations, and its experience in the area continues to yield commercial opportunities for the business.
“This alliance with Tekcapital represents a powerful extension of Nexscient’s vision to identify, fund, and commercialize high-impact AI technologies,” said Fred E. Tannous, Chief Executive Officer of Nexscient, Inc.
“Tekcapital’s unparalleled access to global university innovation, combined with our ability to integrate and scale those technologies into commercial AI solutions, creates a dynamic pathway from academic discovery to market transformation. We believe that this collaboration accelerates our mission to deliver the next dimension of AI.”