Strategy | Financing Highlight

Private Placement / Financing Transactions

Agility Robotics: The company raised $150 million of Series B venture funding in a deal led by Playground Global and DCVC on April 22, 2022. TDK Ventures, Industrial Technology Investment, Safar Partners, Amazon Industrial Innovation Fund, MFV Partners and Coal Hill Ventures also participated in the round. The company is a developer of bipedal walking robots intended to offer efficient, agile, and robust legged platforms for real-world applications.

Cinq Music Group: The company raised $100 million of Series D venture funding from GoDigital Media Group on April 19, 2022. The company is a developer of a global music distribution and rights management platform designed to reach music fans via hundreds of digital, physical, and mobile retailers.

Bright Machines: The company raised $71.5 million of venture funding from undisclosed investors on April 20, 2022. The company is a provider of manufacturing automation software.

AccelByte: The company raised $50 million of venture funding from undisclosed investors on April 22, 2022. The company is a developer of a digital publishing and gaming platform designed to create and distribute customized games.

Mutiny: The company raised $50 million of Series B venture funding in a deal led by Tiger Global Management and Insight Partners on April 20, 2022, putting the company’s pre-money valuation at $550 million. Cowboy Ventures, Uncork Capital, Sequoia Capital and other undisclosed investors also participated in the round. The company is a developer of a website personalization platform intended to help marketers convert their top-of-funnel demand into revenue.

Religion of Sports: The company raised $50 million of venture funding in a deal led by Shamrock Capital Advisors on April 22, 2022, putting the company’s pre-money valuation at $90 million. Elysian Park Ventures, Redstone Fund, Márcio Torres, and LinkinFirm also participated in the round. The company is a developer of a sports media platform intended to provide game highlights, scores, podcasts, and articles about sports.

d-Matrix: The company raised $44 million of Series A venture funding in a deal led by Playground Global on April 20, 2022. Marvell International, SK Hynix, M12, Nautilus Venture Partners and Entrada Ventures also participated in the round. The company is a developer of a computing platform designed to target artificial intelligence inferencing workloads in the data center.

Gravity Sketch: The company raised $33 million of Series A venture funding in a deal led by Accel on April 19, 2022. GV, Forward Partners, Kindred Capital, Point Nine Capital, Will Smith, Kevin Durant, Rich Kleiman, Soleio Cuervo and Paul Robson also participated in the round. The company is a developer of a 3D designing platform intended to create three-dimensional models, scenes, and artwork.

Agile Robots: The company raised $30 million of venture funding from Foxconn Industrial on April 18, 2022. The company is a developer of a robotic technology designed to offer full-body force sensitivity and vision intelligence-based systems.

Glide: The company raised $20 million of Series A venture funding in a deal led by Benchmark on April 21, 2022. First Round Capital, Y Combinator and SV Angel and other undisclosed investors also participated in the round. The company is a developer of a software creation platform designed to help users turn data from spreadsheets into mobile applications without coding.

tvScientific: The company raised $20 million of Series A venture funding in a deal led by Norwest Venture Partners on April 21, 2022. NBCUniversal, Hearst Ventures and Comcast also participated in the round. The company is a developer of an advertising platform designed for connected television.

Sharper Shape: The company raised $16.9 million of venture funding from undisclosed investors on April 18, 2022. The company is a developer of drone-based asset inspection technologies designed to offer maintenance planning services primarily for electrical transmission and distribution infrastructure asset owners.

Triumph Labs: The company raised $14.2 million of venture funding in a deal led by Flux Capital on April 21, 2022. Tribe Capital, Raven One Ventures, and NOMO Ventures also participated in the round. The company is a developer of an integrated mobile gaming app designed to replace or augment existing monetization channels.

SLAMcore: The company raised GBP 9.6 million of venture funding from undisclosed investors on April 20, 2022, putting the company’s pre-money valuation at GBP 27.7 million. The company is a developer of spatial artificial intelligence mapping and perception software designed for robots and consumer products, turning sensor data into real-time spatial understanding.

Soter Analytics: The company raised GBP 9.2 million of Series A venture funding in a deal led by AV8 Ventures on April 19, 2022. btov Partners, OTB Ventures, Verve Ventures, and Startup Wise Guys also participated in the round. The company is a developer of wearable sensor devices designed to keep industrial workers safe from injuries.

Emys: The company is in the process of raising $12 million of an undisclosed targeted amount of Series A venture funding on April 19, 2022. The company is a developer of social robots designed to teach foreign languages to children.

Beamy: The company raised an estimated $9 million of Series A venture funding through a combination of debt and equity on September 4, 2014. $6 million of Series A equity was raised in a deal led by Evolem, Aglaé Ventures, and ISAI with participation from Nicolas Hernandez, and Erwan Keraudy. The company is a developer of an application integration platform designed to streamline the selection, management, and cross-functional use of technology applications.

Areto Labs: The company raised an undisclosed amount of venture funding from Scale Good on April 19, 2022. The company is a developer of an online community building software intended to make digital communities more positive and inclusive.

blackshark.ai: The company raised an undisclosed amount of venture funding from Maxar Technologies on April 20, 2022. The company is a developer of a geospatial data management platform designed to gather insights into the world through satellite imagery.

Crossing Minds: The company raised an undisclosed amount of venture funding from Shopify on April 21, 2022. The company is a developer of an entertainment recommendation platform designed to provide personal recommendations without putting customer privacy at risk.


M&A Transactions

Futbin / Better Collective: The company was acquired by Better Collective for EUR 105 million on April 19, 2022. The company is a provider of a live video platform and community designed for gamers.

Calipsa / Motorola Solutions: The company was acquired by Motorola Solutions for an undisclosed amount on April 19, 2022. The company is a developer of a cloud-based alarm filtering platform designed for security monitoring on a global scale.

Column6 / DigitalReef: The company was acquired by DigitalReef (Business/Productivity Software) for an undisclosed amount on April 19, 2022. The company is a developer of an advertising management platform designed to streamline the connected TV ad ecosystem and unlock the potential of connected TV media across the globe.

Coolabi / Talenthouse: The company reached a definitive agreement to be acquired by Talenthouse from North Promotions for an undisclosed amount on April 19, 2022. The company is a provider of media services focused on the creation of children’s TV and apps.

Deezer / I2PO: The company reached a definitive agreement to acquire I2PO through a reverse merger, resulting in the combined entity trading on the Euronext Paris Stock Exchange on April 18, 2022. The company is a developer and operator of an online music streaming platform designed to offer a personalized catalog of music tracks and audio playlists.

Elsy / VideoAmp: The company was acquired by VideoAmp for an undisclosed amount on April 19, 2022. The company is a developer of investment optimization technology designed to deliver data-driven media planning.

LearningPal / Ripcord: The company was acquired by Ripcord for an undisclosed amount on April 21, 2022. The company is a developer of an AI-based enterprise platform designed to digitize paper documents to well-structured data.

Lost Boys Interactive / Gearbox Software: The company reached a definitive agreement to be acquired by Gearbox Software for an undisclosed amount on April 21, 2022. The company is an operator of game development studios.

MindX / Blackrock Neurotech: The company was acquired by Blackrock Neurotech for an undisclosed amount on April 20, 2022. The company is a developer of a neuron technology framework designed to be used in spatial computing applications.

Sellics / Ascential: The company reached a definitive agreement to be acquired by Ascential (London), a subsidiary of Cool Holdings, for an undisclosed amount on April 19, 2022. The company is a developer of an analytics platform designed for brands and sellers.

TrackMen / Pixotope Technologies: The company was acquired by Pixotope Technologies for an undisclosed amount on April 21, 2022. The company is a developer and manufacturer of 3D real-time tracking solutions for live Virtual Broadcast Graphics.

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