
The $21.9m in funding will enable Red Balloon Security, based on research at Columbia University, to increase its business operations.
KU Leuven returned for the automated DNA diagnostic spinout's series A round, which follows a $2.3m round in 2016 and $1.5m raised in 2015.
Nanosatellite internet of things technology developer Myriota has attracted $15m in series A funding from investors co-led by Main Sequence Ventures.
Aarhus University spinout NMD Pharma, which focuses on therapies for neuromuscular conditions, has attracted the support of several corporates for its $47m series A round.
The Johns Hopkins spinout will funnel the cash into developing a class of glutamine antagonist that could help treat cancer.
OSU spinout Agility Robotics has raised $8m for robotic legs that are set to enhance the usefulness of robots for military or courier purposes.
Monsanto Growth Ventures has co-led the first round disclosed by Pairwise Plants, an agricultural gene-editing company based on Harvard University research.
Illumina Ventures has led a series A1 round for Cernostics, a cancer diagnostics company that has now raised $13m from backers including UPMC Enterprises.
Stanford-StartX Fund-backed TwoXar has added $10m in funding to its coffers thanks to SoftBank Ventures, Andreessen Horowitz and OS Fund.