Global University Venturing

KPCB and affiliates have supplied a $35m series A extension for University of Pennsylvania spinout Tmunity, after the institution backed a $100m close in January.

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

Based on Fraunhofer IPK and Charité–Universitätsmedizin Berlin research, the endoscopy guidance tool developer had raised seed and series A capital from investors including Fraunhofer Society.

Matthew Mead is stepping down from his position as chief investment officer at Mercia Technologies to pursue a portfolio advisory career, with Julian Viggars taking over the CIO role.

Trigence, an audio technology spinout from Hosei University, took its total funding to more than $20m with a Miyako Capital-led round that featured Innovation and Future Creation.

TAU Ventures, with initial commitments of $20m, marks the first time that such a fund is being launched in Israel.

Highland Europe has led a series B round for Bitmovin, which has developed technology to encode videos for streaming and is based on research at University of Klagenfurt.

The rocket and space launch vehicle spinout from Tsinghua has raised $31.8m in a round led by turbine maker Goldwind, taking its total funding to almost $80m.

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

Orchard Therapeutics has licensed a range of gene therapies from GSK, which will get a 19.9% stake in the UCL spinout as part of the deal.