Technology Private Placement and M&A Transactions Review Week Ending June 29, 2025

Decagon: The company raised $131 million of Series C venture funding in a deal led by Andreessen Horowitz and Accel on June 23, 2025, putting the company’s pre-money valuation at $1.37 billion. A*, Bain Capital Ventures, BOND Capital, Forerunner Ventures, Ribbit Capital, Avra, and other undisclosed investors also participated in the round. The company is a developer of a conversational AI platform that provides AI, robotics, and integrated software to streamline processes, reduce costs, and accelerate time to market in the pharmaceutical and healthcare industries.

Tacta Systems: The company raised $64 million of Series A venture funding in a deal led by SBVA and Gemini Frontier Fund on June 26, 2025. Yazaki Innovations, Sojitz Corporation Of America, EDBI, B Capital Group, Tyche Partners, Matter Venture Partners, Woven Capital., B5 Capital and CDIB -TEN Capital also participated in the round. Tacta Systems is an advanced robotics company developing Dextrous Intelligence – technology that enables robots to perform delicate, variable, human-like tasks with flexibility, efficiency and autonomy.

Clearspeed: The company raised $60 million of Series D venture funding in a deal led by Align Private Capital on June 25, 2025. IronGate Capital Advisors, KBW Ventures, BVVC, and David Petraeus also participated in the round. The company provides an AI-powered voice analytics platform for risk assessment that analyzes vocal characteristics in speech to identify potential risks like fraud and insider threats for global enterprises, governments, and militaries, to assess risk in high-stakes environments.

OpenRouter: The company raised $40 million of Series A venture funding in a deal led by Menlo Ventures and Andreessen Horowitz on June 25, 2025, putting the company’s pre-money valuation at $460 million. The company is a developer of an artificial intelligence model aggregator platform designed to provide access to multiple large language models.

Swave Photonics: The company raised EUR 33.7 million of Series A venture funding in a deal led by imec.xpand and IAG Capital Partners on June 25, 2025. Murata Manufacturing Company, Imec, Société Fédérale de Participations et d’Investissement, Samsung Venture Investment, European Innovation Council, Qbic Fund, NextCorps Luminate and PMV Capital also participated in the round. The company is a fabless semiconductor developer of holographic chips based on proprietary diffractive photonics technology.

LanceDB: The company raised $30 million of Series A venture funding in a deal led by Theory Ventures on June 24, 2025. Databricks Ventures, Runway, CRV, Zero Prime Ventures, Swift Ventures and Y Combinator also participated in the round. The company is a developer of an open-source database platform designed for multimodal AI applications.

Botpress: The company raised $25 million of Series B venture funding in a deal led by Framework Venture Partners on June 23, 2025, putting the company’s pre-money valuation at $95 million. Deloitte Ventures, HubSpot Ventures, Decibel Partners, and Inovia Capital also participated in the round. The company is a developer of an open-source bot framework designed to let enterprises build, deploy and manage chatbots.

Synthflow: The company raised $20 million of Series A venture funding from Atlantic Labs, Singular. and Accel on June 24, 2025. The company is a developer of an artificial intelligence voice agent platform designed to automate and scale phone call interactions for businesses.

VoyceMe: The company raised $14.4 million of venture funding from undisclosed investors on June 24, 2025. The company is a developer of a social creator platform designed to allow social interaction among fans and authors.

Chatlyn: The company raised EUR 8 million of Series A venture funding in a deal led by Smedvig Ventures on June 25, 2025. AnyDesk, Blaguss Reisen, Andreas Burike and other undisclosed investors also participated in the round. The company is an operator of a communication hub platform intended to automate guest engagement and streamline hospitality operations.

Throxy: The company raised $6 million of venture funding in a deal led by Base10 Partners on June 23, 2025, putting the company’s pre-money valuation at $44 million. GoHub Ventures and Y Combinator also participated in the round. The company is a developer of an artificial intelligence-based sales assistant platform designed to research leads and craft relevant emails.

Bee Maps: The company raised an undisclosed amount of venture funding from Ajna Capital on June 23, 2025. The company is a developer of a decentralized mapping platform designed to aggregate, process, and disseminate geospatial data collected from distributed contributors.

Execo: The company raised an undisclosed amount of venture funding in the form of convertible debt financing in a deal led by Unlock Venture Partners on June 24, 2025. The company is a developer of generative AI software designed to offer intelligent contract digitization.

Digital Global Systems / Casa Del Fuego Family Office & Trust: The company was acquired by Casa Del Fuego Family Office & Trust through a $5 billion LBO on June 23, 2025. The company is a developer of a spectrum monitoring platform for wireless deployments that characterizes the Radio Frequency environment across multiple dimensions.

Sky Deutschland / RTL Group: RTL Group reached a definitive agreement to acquire the company, a subsidiary of Comcast, for an estimated EUR 527 million on June 27, 2025. The company is an operator of a television broadcasting business that offers pay TV services and entertainment content.

AVA Intellect / Wowza Media Systems: The company was acquired by Wowza Media Systems, via its financial sponsor Clearhaven Partners, through an LBO on June 25, 2025 for an undisclosed amount. The company is a developer of an enterprise-grade AI collaboration platform designed to streamline communication in video meetings.

Buyerlink / Inspirato: The company reached a definitive agreement to acquire Inspirato through a reverse merger on June 26, 2025. The company is a developer of online marketing software designed to help in the acquisition of locally targeted and category-specific consumers on a cost-per-click or cost-per-lead basis.

Datasembly / Spins: The company was acquired by Spins, via its financial sponsors General Atlantic, Warburg Pincus, Webster Capital, Company Ventures and Georgian, through an LBO on June 24, 2025 for an undisclosed amount. The company is a developer of a data analytics platform designed to allow CPGs and retailers to obtain and share hyperlocal pricing, promotions, and assortment insights.

Movable Ink / STG Partners: The company entered into a definitive agreement to be acquired by STG Partners through an LBO on June 26, 2025 for an undisclosed amount. The company is an operator of a digital marketing service designed to take any data and activate it into real-time, personalized ad creation.

Onsemble Home / Hajoca: The company was acquired by Twelve Hundred VC, Hajoca for an undisclosed amount on June 23, 2025. The company is a developer of an artificial intelligence software platform designed for plumbing professionals to streamline workflows and maximize margins.

Papercup / RWS Holdings: The company was acquired by RWS Holdings for an undisclosed amount on June 26, 2025. The company is an operator of a speech processing platform intended to translate and generate synthetic voice-overs for videos.

Peraso / Mobix Labs: The company reached a definitive agreement to be acquired by Mobix Labs for an undisclosed amount on June 26, 2025. Peraso Inc is a fabless semiconductor company focused on the development and sale of millimeter wavelength wireless technology semiconductor devices and antenna modules based on its proprietary semiconductor devices.

Predibase / Rubrik: The company reached a definitive agreement to be acquired by Rubrik for an undisclosed amount on June 25, 2025. The company is a developer of a machine learning platform designed to make writing high-performance, low-code machine learning algorithms easy.

TheLoops / Multiple Investors: The company was acquired by Industrial and Financial Systems, via its financial sponsors Temasek Holdings, TA Associates Management, Primark Capital, Altamir, Advent International, Abu Dhabi Investment Authority, Hg, CPP Investments, Altaroc Partners, and Generation Investment Management, through an LBO on June 26, 2025 for an undisclosed amount. The company is a developer of an intelligent platform designed to provide actionable insights for customer experience teams.

WavTool / Suno: The company was acquired by Suno for an undisclosed amount on June 26, 2025. The company is an operator of an AI-assisted music production platform intended to help create music.

WooBeWoo / WPFactory: The company was acquired by WPFactory for an undisclosed amount on June 24, 2025. The company is a developer of a plugin software platform for website optimization, content management, and digital marketing tools.