IT

Cisco Investments took part in the customer relationship platform developer's series C round, which increased its total funding to approximately $74m.

Corporate-backed asset management vehicle Raystone Capital will invest in artificial intelligence developers through the fund, which secured capital from several state-owned funds.

You & Mr Jones has contributed to Beeswax's series B round, which increased the bidder-as-a-service technology provider's total funding to $28m.

OSU-founded cybersecurity business DatAnchor has officially launched with an undisclosed sum from the multi-university-backed Ohio Innovation Fund, and Dundee Venture Capital.

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.