News round up 23 April 2018

Tmunity clocks additional series A funding
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.

Nano-C maximises $11.5m round
MIT spinout Nano-C has received a final $3m tranche from angel investor Ray State, closing its latest round at $11.5m.

Mead moves away from Mercia
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.

Qiming closes $935m Fund VI
Princeton University, MIT and Duke University have backed one of Qiming Venture Partners’ latest US dollar-denominated funds.

Miyako Capital triggers Trigence’s series C round
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.

Goldwind enters Landspace’s orbit in series B round
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.

Bitmovin encodes $30m series B
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.

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