Intellectual property investment group Tekcapital plc has entered into a strategic alliance with Nexscient.

Tekcapital, listed on London’s AIM market, is focused on transforming university technologies into valuable products that can improve people’s lives.

LA-based Nexscient, listed in the US, is an innovator in artificial intelligence applications and intelligent enterprise solutions.

The deal will help it to identify and help acquire transformative intellectual property assets from research institutions worldwide.