Global University Venturing

A round up of all the latest news on www.globaluniversityventuring.com for our subscribers.

NYU Innovation Venture Fund has put its weight behind KitSplit, an online marketplace to rent equipment such as cameras, drones and virtual reality headsets.

Cambridge Innovation Capital has led a $12m series A close for GeoSpock, which had already secured an initial $5.4m tranche in 2015.

UNC Chapel Hill spinout Liquidia has secured an initial $25.5m and is aiming for a $53.3m close.

The city of Phoenix has approved funding for a medical technology accelerator, dubbed Innovention, which will be operated in collaboration with University of Arizona.

The Birmingham spinout is entering the final stages of testing for its semiconductor technology.

Hamburg Innovation and the municipal government have launched a range of initiatives to bolster the local ecosystem, with a total of $3.7m being made available.

Alison Campbell, director at Knowledge Transfer Ireland, has become the first representative from outside North America to chair Association of University Technology Managers.

Orange Digital Ventures, General Electric and Deutsche Telekom all took part as the Ben-Gurion University spinout added to its $7m series A.