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.

Wyoming expects a new office for co-ordinating entrepreneurship to increase the number of viable startups linked to the institution.

Mythic, an AI chip developer that emerged out of UM, has closed a $40m round led by SoftBank Ventures that included another corporate venturing unit, Lockheed Martin Ventures.

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.

Appulse Power, a spinout from University of Toronto, has been acquired by Silanna Semiconductor for an undisclosed sum.

SUNY Downstate spinout Concarlo is working on tests to establish the suitability of breast cancer patients for a therapy known as CDK4 inhibitor treatment.

The cancer immunotherapy developer, backed by Stanford University, has closed the offering after the underwriters bought another $18m of shares.

Stanford-StartX Fund-backed TwoXar has added $10m in funding to its coffers thanks to SoftBank Ventures, Andreessen Horowitz and OS Fund.