Technology Private Placement and M&A Transactions Review Week Ending May 18, 2025

Perplexity: The company is in the process of raising $500 million of venture funding in a deal led by Accel on May 13, 2025, putting the company’s pre-money valuation at $13.5 billion. The company is a developer of AI-powered information discovery tools designed for answering questions and exploring topics.

TensorWave: The company raised $146.7 million in Series A venture funding in a deal led by AMD Ventures, Nexus Venture Partners and Magnetar Capital on May 14, 2025, putting the company’s pre-money valuation at $303.3 million. Prosperity7 Ventures, Granite Partners, TransLink Capital, Javelin Venture Partners, Cadenza Capital, FundNV, Ignite Innovation, StartupNV and Maverick Capital also participated in the round. The company is a developer of a next-generation AI and HPC cloud infrastructure designed to provide scalable and memory-optimized solutions for demanding AI workloads.

MoviePass: The company raised $100 million of venture funding in the form of options from Global Emerging Markets on May 15, 2025. The company is a provider of a movie-theater subscription service.

MUBI: The company raised $100 million of venture funding in a deal led by Sequoia Capital on May 14, 2025, putting the company’s pre-money valuation at $900 million. Closermedia and other undisclosed investors also participated in the round. The company is a provider of online movie streaming services.

Tutor Intelligence: The company raised $48.8 million of venture funding from Timon Capital, Kube VC and Virgo Venture Capital on May 14, 2025. AiSprouts VC, Winguard Korea, E14 Fund and Neo also participated in the round. The company is a developer of artificial intelligence agents designed to perform repeatable tasks in highly industrial environments.

Samaya AI: The company raised $43.5 million of Series A venture funding in a deal led by New Enterprise Associates on May 14, 2025, putting the company’s pre-money valuation at $113.5 million. Eric Schmidt, Yann LeCun, David Siegel, Marty Chavez, and other undisclosed investors also participated in the round. The company is an operator of an AI-powered knowledge discovery platform intended to provide automated answers.

Unify: The company raised $40.3 million of venture funding from undisclosed investors on May 16, 2025. The company is a developer of a performance management platform designed to support sales teams in implementing daily operations.

TurbineOne: The company raised $36 million of Series B venture funding in a deal led by The General Partnership on May 14, 2025, putting the company’s pre-money valuation at $264 million. XYZ Venture Capital, Bessemer Venture Partners, PROOF, Artisanal Ventures and StepStone Group also participated in the round. The company is a developer of a defense technology management platform designed to deliver applied machine learning to the tactical edge, to strengthens situational awareness.

Hedra: The company raised $33 million of Series A venture funding in a deal led by Andreessen Horowitz on May 15, 2025, putting the company’s pre-money valuation at $167 million. Index Ventures, Abstract Ventures, and other undisclosed investors also participated in the round. The company is a developer of controllable video generation technology designed to democratize video creation.

Forethought: The company raised $25 million of Series D venture funding in a deal led by Blue Cloud Ventures on May 13, 2025, putting the company’s pre-money valuation at $85 million. Village Global, New Enterprise Associates, Sound Ventures, Industry Ventures, Neo (Consulting Services (B2B)), Gwyneth Paltrow, Scott Wu, Karan Goel and May Habib also participated in the round. The company is a developer of generative AI for customer service automation.

Origin Benefits: The company raised $21 million of Series A venture funding in a deal led by Felix Capital on May 14, 2025. Acadian Ventures, Notion Capital, Tudor Havriliuc, Paul Daugherty, Laura Modiano, Jacqui Canney and other undisclosed investors also participated in the round. The company is a developer of a global benefits intelligence platform designed for global benefits management.

Cronofy: The company raised GBP 15 million of venture funding from BGF on May 14, 2025. The company is a developer of a real-time scheduling tool that integrates seamlessly with existing calendars and business systems.

WishRoll: The company raised $17.1 million of venture funding from undisclosed investors on May 16, 2025. The company is a developer of a social media application designed for music sharing.

Compoundeye: The company raised $12.7 million of venture funding from undisclosed investors on May 15, 2025. The company is an operator of AI-enhanced computer vision systems intended for autonomous perception.

Cartwheel: The company raised $10 million of venture funding led by Craft Ventures with participation from Human Ventures, Accel and Khosla Ventures on May 15, 2025, putting the company’s pre-money valuation at $31 million. Jeffrey Katzenberg and Ben Feder also participated in the round. The company is a developer of an artificial intelligence-powered text-to-animation platform.

Warwick Acoustics: The company raised GBP 6.2 million of venture funding from Mercia Asset Management, Northern Venture Trust and other undisclosed investors on May 13, 2025. The company is a manufacturer of audio automotive systems and products intended to enhance the in-car audio experience within electric vehicles.

Finwave: The company raised $8.2 million of venture funding in the form of convertible debt in a deal led by Engine Ventures, Safar Partners and F-Prime Capital on May 14, 2025. GlobalFoundries also participated in the round. The company is a manufacturer of advanced gallium nitride (GaN) transistors and integrated circuits intended for 5G communications and power converters.

Newton Research: The company raised $8 million of Series A venture funding from undisclosed investors on May 15, 2025, putting the company’s pre-money valuation at $53 million. The company is an operator of an AI-powered analytics tool to help businesses democratize data and make data-informed decisions.

MX3D: The company raised EUR 7 million of Series A venture funding in a deal led by EDF Pulse Ventures on May 13, 2025. PDENH and ING Sustainable Investments also participated in the round. The company is a developer of a robotic three-dimensional metal printing technology.

Toolpath: The company raised $6.6 million of venture funding from undisclosed investors on May 15, 2025. The company is a developer of automatic programming software designed for creators to prototype and efficiently manufacture computer numerical control (CNC) machined parts rapidly.

Hyperbots: The company raised $6.5 million of Series A venture funding in a deal led by Athera Venture Partners and Arkam Ventures on May 12, 2025. Darashaw, JSW Ventures, Sunicon Ventures, and Kalaari Capital also participated in the round. The company is an operator of a finance automation platform built around agentic AI co-pilots tailored for mid-market enterprises.

Emovid: The company raised $6.2 million of venture funding from undisclosed investors on May 15, 2025. The company is a developer of an artificial intelligence-based video messaging platform.

Farworld Labs: The company raised $5 million of venture funding in the form of options from undisclosed investors on May 13, 2025. The company is an operator of a Web3 mobile gaming development platform.

Ground News: The company raised an undisclosed amount of venture funding from Velocity on May 15, 2025. The company is a developer of a news application designed to aggregate news from diverse sources to offer multiple perspectives on global events with bias ratings and personalized feeds.

Pathé: The company entered into a definitive agreement to receive an undisclosed amount of development capital from Merit Capital Partners on May 12, 2025. The company is an operator of a film production and distribution company headquartered in Amsterdam, Netherlands.

Super Banana: The company raised an undisclosed amount of venture funding from Griffin Gaming Partners on May 15, 2025. The company is an operator of a mobile gaming studio.

ITV Studios / All3Media, Banijay Group: The company, a subsidiary of ITV, has received bids to be acquired by All3Media and Banijay Group for GBP 1.15 billion on May 14, 2025. The company is an operator of a media production business intended to produce and distribute TV shows.

Akoustis Technologies / SpaceX: The company was acquired by SpaceX for $30.2 million on May 15, 2025. Akoustis Technologies Inc is an emerging commercial product company focused on developing, designing, and manufacturing innovative RF filter solutions for the wireless industry, including for products such as smartphones and tablets, network infrastructure equipment, WiFi Customer Premise Equipment and defense applications.

Amplify Data / Monda: The company was acquired by Monda for an undisclosed amount on May 13, 2025. The company is a developer of an online data platform designed to help clients store, manage and distribute their data products.

Bang Bang / S8UL Esports: The company was acquired by S8UL Esports for an undisclosed amount on May 16, 2025. The company is a multimedia production business.

Chibi Clash / Scrypted: The company was acquired by Scrypted for an undisclosed amount on May 15, 2025. The company is a developer of a fantasy gaming business that integrates Web3 and AI technologies to offer a dynamic and interconnected gaming experience.

CogBase / Cofactr: The company was acquired by Cofactr for an undisclosed amount on May 15, 2025. The company is a developer of an internet marketplace platform designed to automate the process of identifying, contacting, and vetting mechanical and electrical suppliers.

Convergence / Salesforce: The company reached a definitive agreement to be acquired by Salesforce for an undisclosed amount on May 15, 2025. The company is a developer of a browser-based artificial intelligence agent designed to automate complex web tasks with minimal human input.

Cox Communications / Charter Communications: The company reached a definitive agreement to be acquired by Charter Communications for an undisclosed amount on May 16, 2025. The combined entity will be valued at $35 billion. The company is an operator of a multi-service broadband communication agency catering to residential and commercial customers.

Infer / Frisbii Media: The company was acquired by Frisbii Media for an undisclosed amount on May 14, 2025. The company is a developer of an information technology platform which allows RevOp teams to build custom machine learning models.

InMoment / Forsta: The company was acquired by Forsta, a subsidiary of Press Ganey Associates, for an undisclosed amount on May 14, 2025. The company is a developer of a cloud-based customer experience optimization platform intended to connect clients through a unique combination of comprehensive data, modern technology, and human expertise.

Kognitiv / Capillary Technologies India: The company was acquired by Capillary Technologies for an undisclosed amount on May 15, 2025. The company is a developer of a data-driven personalization and optimization platform for customer loyalty programs.

MediaPlatform / Brandlive: The company was acquired by Brandlive for an undisclosed amount on May 13, 2025. The company is a developer of an enterprise video and webcasting platform designed to enhance enterprise collaboration.

Mojo / Dailymotion: The company was acquired by Dailymotion, a subsidiary of Vivendi, for an undisclosed amount on May 15, 2025. The company is a developer of a mobile video editing application designed to create social media content.

Ottogrid / Cohere: The company was acquired by Cohere for an undisclosed amount on May 16, 2025. The company is a developer of a platform that develops enterprise tools for automating high-level market research.

Rallio / Ignite Visibility: The company was acquired by Ignite Visibility, via its financial sponsors Mountaingate Capital and Capital Southwest, through an LBO on May 14, 2025 for an undisclosed amount. The company is a developer of an enterprise social media management platform.

ROXi / FastStream Interactive: The company was acquired by FastStream Interactive, Sinclair Broadcast Group and Gray Media Group through an LBO for a undisclosed amount on May 18, 2025. The company is a developer of a television-based music streaming service.

Studio Bummens / ProSiebenSat.1 Media: The company reached a definitive agreement to be acquired by ProSiebenSat.1 Media for an undisclosed amount on May 15, 2025. The company is an operator of a podcast production business.

Terminal 9 Studios / The Independents: The company was acquired by The Independents, via its financial sponsors Capza and TowerBrook Capital Partners, through an LBO on May 14, 2025 for an undisclosed amount. The company is an operator of a cinematic documentary production business.

VeloCloud / Arista Networks: The company reached a definitive agreement to be acquired by Arista Networks for an undisclosed amount on May 13, 2025. The company is a provider of cloud-based networking services created to improve performance over private, broadband Internet and LTE links.

Zenoss / Virtana: The company was acquired by Virtana for an undisclosed amount on May 14, 2025. The company is a developer of an information technology monitoring and observability platform designed for managing modern infrastructure.