Technology Private Placement and M&A Transactions Review Week Ending October 8, 2023

Observe: The company raised $50 million of Series A3 venture funding in the form of convertible debt in a deal led by Sutter Hill Ventures on October 5, 2023. The company is a developer of an enterprise SaaS platform intended to store, manage and analyze machine-generated data and logs.

Pulumi: The company raised $41 million of Series C venture funding in a deal led by Madrona Venture Group on October 3, 2023, putting the company’s pre-money valuation at $350 million. Tola Capital, New Enterprise Associates, Strike Capital Venture, and other undisclosed investors also participated in the round. The company is a developer of an infrastructure-as-a-code platform designed to streamline cloud engineering.

Creatopy: The company raised $10 million of Series A venture funding in a deal led by 3VC and Point Nine Capital on October 5, 2023. The company is a developer of an AI-powered advertisement platform designed to help businesses customize, automate and scale up their ad production and delivery.

gradient: The company raised $10 million of venture funding in a deal led by Wing Venture Capital on October 5, 2023. Global Founders Capital, Mango Capital (Venture Capital), Secure Octane, Tokyo Black and The New Normal Ventures also participated in the round. The company operates an API platform used by developers to build AI applications in the cloud through LLMs (large language models).

Aampe: The company raised $7.5 million of Pre-Series A venture funding in a deal led by Matrix Partners India and Peak XV Partners on October 5, 2023. The company is a developer of an AI-powered messaging platform intended to grow retention through customer communication.

Glassdome: The company raised an undisclosed amount of venture funding from SK C&C on October 5, 2023. The company is a developer of an industrial software platform intended for the acquisition and analysis of data from manufacturing equipment.

Adloop / Commanders Act: The company was acquired by Commanders Act for an undisclosed amount on October 5, 2023. The company is a developer of a media optimization platform that collects and standardizes marketing data, analyzes consumers, and shares recommendations with marketing teams and agencies.

BettorFantasy / Fantasyspin: The company was acquired by Fantasyspin for an undisclosed amount on October 4, 2023. The company operates a mobile platform that allows users to predict the outcome of fantasy sports matchups in their own leagues and earn in-game currencies.

Externa CGI / Brightly: The company was acquired by Brightly for an undisclosed amount on October 5, 2023. The company offers 3D rendering, product rendering, virtual reality, illustration, futurism, VR, static visuals, and design services.

Recast / Content Technology Partners: The company was acquired by Content Technology Partners through an LBO on October 4, 2023 for an undisclosed amount. The company is a developer of a video exchange platform designed to bring sports and esports directly to its fans.

Squirrels / Volaris Group: The company was acquired by Volaris Group on October 6, 2023 for an undisclosed amount. The company develops wireless audio and video screen-mirroring solutions for the classroom, business and home applications.

TVgids TV / Kompas Publishing: The company, a subsidiary of Talpa Network was acquired by Kompas Publishing for an undisclosed amount on October 3, 2023. The company provides live news, sports and movies to its viewers.