Strategy | Financing Transactions
Private Placement / Financing Transactions

OpenAI: The company closed on $1.5 billion of an undisclosed targeted amount of venture funding from SoftBank Group on November 27, 2024. The company is a developer of an artificial intelligence-based research and deployment platform.

Tricentis: The company entered into a definitive agreement to receive $1.3 billion of development capital from GTCR on November 26, 2024. The company is a developer of software testing tools designed to accelerate business software delivery and quality engineering.

Eon: The company raised $70 million of Series C venture funding in a deal led by BOND Capital on November 26, 2024, putting the company’s pre-money valuation at $1.33 billion. Sequoia Capital, Lightspeed Venture Partners, Greenoaks Capital Partners, and Nancy Wang also participated in the round. The company is a developer of a cloud backup management platform intended to classify and index cloud resources and applications.

Pyramid Analytics: The company received $50 million of development capital from BlackRock on November 25, 2024. The company is a decision and business intelligence platform that merges data preparation, analytics, and data science in a single environment.

Quorso: The company is reportedly in the process of raising $30 million of Series B venture funding as of November 27, 2024. The company is a developer of an AI-powered business data analytics software designed to convert store data into prioritized daily tasks for managers.

Wherobots: The company raised $21.5 million of Series A venture funding in a deal led by Felicis on November 26, 2024. JetBlue Ventures, Prosperity7 Ventures, Clear Ventures, and Wing Venture Capital also participated in the round. The company is an operator of an AI-powered cloud-native data analytics platform intended to help businesses process data in a geospatial context.

Agentio: The company raised $12 million in Series A venture funding in a deal led by Benchmark Capital on November 25, 2024. Antler, Craft Ventures, AlleyCorp, Protagonist, Permanent Capital, Riverside Ventures, Neal Arthur, Cody Ko, Rory Paterson, Jeff Ragovin, Michael Sugar, Steven Galanis and Elizabeth Cutler also participated in the round. The company is a developer of an advertisement platform for brands to buy ad units from content creators.

Talus Network: The company raised $6 million of venture funding in a deal led by Polychain Capital on November 26, 2024, putting the company’s pre-money valuation at $144 million. Strategxy Ventures, Foresight, Giggster, Alora Pharmaceuticals, Echo Capital Group, Animoca Ventures, GeekCartel, Zero Gravity, Sandeep Nailwal, Kenzi Wang, Michael Heinrich, Nick Emmons, Atlan Tutar and Fortune Tech Ventures also participated in the round. The company is a developer of a decentralized platform intended to combine blockchain technology with autonomous artificial intelligence agents.

Fantasy Life: The company raised $5.6 million of venture funding in the form of SAFE notes from undisclosed investors on November 26, 2024. The company is an operator of a multi-media content platform intended to provide sports content for fantasy football fans and sports bettors.

Infinite Sky: The company raised an undisclosed amount of venture funding from Firehouse Capital in December 2024. The company is a developer of a sports analytics platform intened to offer AI-powered video analytics to enhance athletic performance and provide predictive injury insights.

Oplit: The company raised an undisclosed amount of venture funding in a deal led by VI Partners on November 26, 2024. OSS Ventures, Newfund Management, BACS-Innov, and Evolem also participated in the round. The company is a developer of an integrated real-time monitoring software designed to optimize industrial production planning.

PlentyONE: The company received an undisclosed amount of development capital from PSG on November 27, 2024. The company is a developer of a cloud-based e-commerce ERP platform that connects brands and retailers to marketplaces.

Pratexo: The company raised an undisclosed amount of venture funding from ABB Ventures on November 27, 2024. The company is a developer of an edge computing and distributed cloud platform designed to simplify and accelerate the design, provisioning, and management of edge nodes and micro clouds required to host next-generation applications.

SmartViser: The company is in the process of raising venture funding from Anritsu on November 28, 2024. The company is a developer of an automated test bot application designed to measure smartphone usage, operability, performance quality, and the networks to which they are connected.

Soundpays: The company raised venture funding on November 29, 2024. The company is a developer of a mobile commerce engagement platform designed to track transactions.

Tenor: The company raised an undisclosed amount of venture funding from Kyber Knight Capital in December 2024. The company is a developer of a GIF platform designed for sharing animated images and files.


M&A Transactions

4D / Volaris Group: The company was acquired by Volaris Group, a subsidiary of Constellation Software, for an undisclosed amount on November 28, 2024. The company is a developer of a platform designed to simplify and speed up business application development and deployment.

Analog Arts / Revox Deutschland: The company was acquired by Revox Deutschland for an undisclosed amount on November 26, 2024. The company is a manufacturer of master tapes catering to the entertainment industry.

BoostKPI / Inflection AI: The company was acquired by Inflection AI for an undisclosed amount on November 26, 2024. The company is a developer of a key performance indicator (KPI) observability platform to provide business data.

Fox Robotics / Muddy Machines: The company was acquired by Muddy Machines for an undisclosed amount on November 26, 2024. The company is a developer of automated forklift robots.

Jelled / Inflection AI: The company was acquired by Inflection AI for an undisclosed amount on November 26, 2024. The company is a developer of AI-powered enterprise collaboration software.

Noodlecake Studios / Streamplay Studio: The company reached a definitive agreement to be acquired by Streamplay Studio for an undisclosed amount on November 25, 2024. The company is a developer of online mobile games.

Resister Music / Enchant Group: The company was acquired by Enchant Group for an undisclosed amount on November 25, 2024. The company is an operator of a full-service music and composer agency.

Rhapsody Voices / Evergreen Podcasts: The company was acquired by Evergreen Podcasts for an undisclosed amount on November 25, 2024. The company is a provider of podcast network services.

Wagawin Europe / Capture Media: The company, a subsidiary of W2 Group, was acquired by Capture Media, via its financial sponsors Saturnus Capital and Syz Capital, through an LBO on November 27, 2024 for an undisclosed amount. The company is a developer of an advertising platform designed to track user behavior during mobile advertisement consumption.


Source: Pitchbook Data, Inc.

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