Technology Private Placement and M&A Transactions Review Week Ending August 27, 2023

ZeroEyes: The company raised $73 million of venture funding in a deal led by Alliance Holdings and Octave Ventures on August 24, 2023. Responder Ventures and Backswing Ventures also participated in the round. The company is a developer of a weapon detection platform designed to prevent and stop active shooting.

Alianza: The company raised $31 million of Series C3 venture funding from undisclosed investors on August 22, 2023, putting the company’s pre-money valuation at $200 million. The company is a developer of cloud communications software designed to reduce the complexity of VoIP.

Luma AI: The company raised $25.5 million of venture funding from undisclosed investors on August 25, 2023. The company is a developer of a photorealistic 3D capture software designed to provide 3D photos on smartphones.

Harbour: The company raised $17.2 million of venture funding from undisclosed investors on August 25, 2023. The company is a developer of a digital contracting platform designed to automate the workflow of the creator economy.

Anytype: The company raised EUR 12.4 million of venture funding in a deal led by Balderton Capital on August 23, 2023. Protocol Labs, Script Capital, Inflection, Foreword, Connect Ventures, SquareOne Capital, New Forge, Peter von Hardenberg, Markus Ament, David Liberman, Anna Liberman, Maria Liberman, Daniil Liberman, Trent McConnaghy, Jutta Steiner, Luis Cuendo and Adam Wiggins also participated in the round. The company is a developer of file storage software for web3 designed to create a secure place to store digital assets.

SmartCommerce: The company received $6 million of development capital from Mathers Associates, The Argentum Group and an undisclosed investor on August 22, 2023. The company is a developer of a click-to-purchase shopping cart platform intended to make digital advertisements more useful for brands.

Sequence: The company raised $5.6 million of venture funding from Hawke Media, Crosscut Ventures and Active Capital on August 22, 2023. Pentas Ventures, Jason Knapp, Andy Ballester, Benjamin Taft, Guillermo Rauch and Sahil Lavingia also participated in the round. The company is a developer of a video editing software designed for filmmaking.

BrainLogic AI: The company raised $5 million of venture funding in a deal led by FactoryHQ on August 21, 2023. The company is a developer of an AI-powered application intended to provide a pocket-sized personal assistant.

Crate: The company raised $5 million of venture funding from undisclosed investors on August 23, 2023. The company is a developer of a content creation and sharing platform intended to change the way content is consumed.

Arcion: The company raised an undisclosed amount of venture funding from Hewlett Packard Pathfinder on August 22, 2023. The company is a developer of a database platform designed to offer autonomous migration and cloud-neutral database replication.

Pratexo: The company raised an undisclosed amount of venture funding from ABB Technology Ventures on August 22, 2023. The company is a developer of an edge computing and distributed cloud platform designed to simplify and accelerate the design, provisioning, and management of the edge nodes and micro clouds required to host next-generation applications.

Exacta Systems / Churchill Downs: The company was acquired by Churchill Downs for $250 million on August 22, 2023. The company is a developer of electronic gaming systems designed to provide historical horse racing systems and wagering terminals.

Tomahawk Robotics / AeroVironment: The company reached a definitive agreement to be acquired by AeroVironment for $120 million on August 22, 2023. The company is a developer of robotic control systems designed to drive enterprise adoption of robotics.

Emapsite / Idox: The company was acquired by Idox for GBP 15.75 million on August 21, 2023. The company is a developer of cloud-based location platform intended to serve the logistics and transport industry.

Aivo / Engageware: The company was acquired by Engageware, via its financial sponsor Clearhaven Partners, through an LBO on August 24, 2023 for an undisclosed amount. The company is a developer of artificial intelligence-powered software intended to improve customer engagement.

Animoto / Redbrick: The company was acquired by Redbrick for an undisclosed amount on August 22, 2023. The company is a developer of an online video-making application designed to make it easy for anyone to create professional marketing videos.

Exo-Space / Sidus Space: The company was acquired by Sidus Space for an undisclosed amount on August 22, 2023. The company is a developer of artificial intelligence platform intended to offer an edge software and hardware package that can withstand the harsh environment of space.

Hypergiant / Forward Slope: The company was acquired by Forward Slope, via its financial sponsor Trive Capital, through an LBO on August 22, 2023 for an undisclosed amount. The company is a developer of enterprise AI software designed to focus on accelerating intelligence transformation.

Labstep / Starlims Technologies: The company was acquired by Starlims Technologies, via its financial sponsor Francisco Partners, through an LBO on August 22, 2023 for an undisclosed amount. The company is a developer of a data and inventory management platform intended to connect notebooks, inventory, applications and data in one collaborative workspace.

Linus Entertainment / Round Hill Music: The company was acquired by Round Hill Music through an LBO on August 22, 2023 for an undisclosed amount. The company is a publisher of music catalogs based in Waterdown, Ontario.

Mipsology / Advanced Micro Devices: The company was acquired by Advanced Micro Devices for an undisclosed amount on August 24, 2023. The company is a developer of an AI-based accelerator designed to compute image-based neural network inference without making any changes to the existing neural network.

Popshop Live / Commentsold: The company was acquired by Commentsold, via its financial sponsors Dragoneer Investment Group and Permira, through an LBO on August 22, 2023 for an undisclosed amount. The company is a developer of a mobile live-streaming application intended to host shopping channels with advanced technology.

Really Simple Systems / Spotler: The company was acquired by Spotler, via its financial sponsors CNBB Equity Partners, Rotrip Europe and Mill Reef Capital, through an LBO on August 22, 2023 for an undisclosed amount. The company is a developer of a customer relationship management (CRM) system designed for growing small businesses.

Sassy Create / Markettiers4DC: The company was acquired by Markettiers4DC, via its financial sponsor Waterland Private Equity Investments, through an LBO on August 21, 2023 for an undisclosed amount. The company is an operator of brands, broadcasters and entertainment studios intended to focus on content creation and distribution for many of the best-known brands and entertainment franchises globally.

SoarTech / Forward Slope: The company was acquired by Forward Slope and its management, via its financial sponsor Trive Capital, through an LBO on August 24, 2023 for an undisclosed amount. The company is a developer of advanced artificial intelligence solutions designed to address complex department of defense mission requirements.

Sophi / Mather Economics: The company, a subsidiary of The Globe and Mail, was acquired by Mather Economics, a subsidiary of Mediahuis , for an undisclosed amount on August 22, 2023. The company is a developer of an artificial intelligence-powered automation, optimization, analytics, paywalls and insights platform designed to help enterprise-level content publishers gain deeper insight into audience needs.

Unifly / Terra Drone: The company was acquired by Terra Drone for an undisclosed amount on August 22, 2023. The company is a developer of a cloud-based unmanned traffic management software designed to offer safe integration of drones into any airspace.