IT

Additive manufacturing provider Desktop Metal raised a $160m round led by Koch Disruptive Technologies and featuring other corporate investors

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Purdue’s Trask Innovation Fund has committed $50,000 each to short-term research projects into sodium-ion batteries and a handheld plant scanner, in addition to $21,000 for a data security project.

Candy Ventures has reportedly agreed to buy the Qualcomm-backed AR technology developer just weeks after it fell into administration.

Baidu Ventures, Focus Media Information Technology and Xizi United Holding have all taken part in a $14.7m round for the AI chipmaker that closed in September.

The LinkedIn-backed data streaming platform has increased its total funding to $206m with a series D round that valued it at $2.5bn.

Australian National University helped supply series A funding to scientific testing device manufacturer Liquid Instruments, which is led by a professor from the university’s College of Science.

ETH Zurich-founded smart logistics spinout Nexiot has won backing from Credit Suisse and Die Mobiliar Versicherungen as it aims to secure additional international business for its products.

Engineering and 3D design product firm Ansys has bought Cambridge-founded Granta Design and will offer the company's materials information products to its customers.

The company has acquired the Mobile First Alliance-backed push notification technology developer for an undisclosed amount.

Marketing technology firm CM Group has snapped up digital marketing software creator Sailthru, which had raised $48.5m from investors including defunct corporate unit AOL Ventures.