Technology Private Placement and M&A Transactions Review Week Ending September 21, 2025

Nscale: The company raised GBP 500 million of venture funding from Nvidia on September 17, 2025. The company is a developer of a high-performance compute platform designed for simplifying artificial intelligence workloads and scaling generative models.

Divergent: The company raised $290 million of Series E venture funding through a combination of debt and equity on September 15, 2025, putting the company’s pre-money valuation at $2.1 billion. The company is a developer of an end-to-end digital production system designed to improve industrial-scale manufacturing processes.

Lila Sciences: The company raised $235 million of Series A venture funding in a deal led by Flagship Pioneering, Braidwell, and Collective Global on September 17, 2025, putting the company’s pre-money valuation at $995 million. March Capital, General Catalyst, ARK ETF Trust, Altitude Life Science Ventures, Realm Capital Ventures, Alumni Ventures, Common Metal, NGS Superfunds, Modi Ventures, Abu Dhabi Investment Authority, Blue Horizon Advisors, and State of Michigan Retirement Systems also participated in the round. The company is a developer of a scientific superintelligence platform designed to accelerate discovery in life, chemical, and materials sciences.

Nothing: The company raised $200 million of Series C venture funding in a deal led by Tiger Global Management on September 15, 2025, putting the company’s pre-money valuation at $1.1 billion. The company is a London-based consumer technology company, that creates smartphones, audio devices, and other connected consumer electronics.

Luminary Cloud: The company raised $72 million of Series B venture funding in a deal led by N47 on September 15, 2025, putting the company’s pre-money valuation at $178 million. NVentures and Sutter Hill Ventures also participated in the round. The company is a developer of simulation-based artificial intelligence systems designed for accelerating engineering design and optimization.

Hubble Network: The company raised $70 million of Series B venture funding in a deal led by Ryan Swagar on September 17, 2025, putting the company’s pre-money valuation at $245 million. New Vista Capital, Bluewater Companies, Measured Ventures, Other People’s Capital, S2 Capital, Offline Ventures, New North Ventures, Infinite Capital (San Juan), Y Combinator, Tom Gonser, Marc Weiser, Michael Farley and Tuff Yen also participated in the round. The company is a manufacturer of aviation and aerospace-related communication components intended to improve global satellite networks.

CodeRabbit: The company raised $68.4 million of Series B venture funding in a deal led by Scale Venture Partners on September 18, 2025, putting the company’s pre-money valuation at $499.6 million. NVentures (Santa Clara), Harmony capital, Pelion Venture Partners, Engineering Capital, CRV, Flex Capital and other undisclosed investors also participated in the round. The company is a developer of an AI-powered platform designed to streamline and improve the quality of reviews across development workflows.

Omnea: The company raised $50 million of Series B venture funding in a deal led by Insight Partners and Khosla Ventures on September 17, 2025. Accel, First Round Capital, Point Nine Capital, and Prosus also participated in the round. The company is a developer of an AI-native platform designed to streamline procurement across teams and systems.

Omni Design: The company raised $35 million of Series A venture funding in a deal led by CDIB -TEN Capital, Tipping Point Ventures, and FM Capital on September 17, 2025, putting the company’s pre-money valuation at $155 million. Asmedia Technology, Monta Vista Capital, Foothill Ventures, VentureTech Alliance and other undisclosed investors also participated in the round. The company is a developer of ultra-low-power embedded circuits designed to advance system-on-chip technology.

Ultralytics: The company raised $30 million of Series A venture funding in a deal led by Elephant Partners on September 17, 2025. SquareOne Venture Capital also participated in the round. The company is a developer of artificial intelligence and computer vision models designed for real-time object detection, image segmentation, and classification.

Console Systems: The company raised $23 million of Series A venture funding in a deal led by Thrive Capital and DST Global on September 16, 2025. SV Angel, Abstract Ventures, Eric Glyman, Karim Atiyeh, Aaron Levie, Nikesh Arora and Adam D’Angelo also participated in the round. The company is a developer of artificial intelligence powered information technology agents designed to automate help desk systems.

Openmind: The company raised $20 million of venture funding in a deal led by Pantera Capital on September 17, 2025. RIBBIT (Financial Software), Coinbase Ventures, Hong Seng Group, Anagram Produktion, Digital Currency Group, Amber Studio, Topology Research, Black Dragon Capital, Pebblebed, Primitive Ventures, Faction Ventures, Pi Network and Ambush Capital also participated in the round. The company is a developer of a cross-platform robot operating system designed for smart, safe, and governable robots and intelligent machines.

AudioShake: The company raised $19.4 million of venture funding from undisclosed investors on September 18, 2025. The company is a developer of audio separation and transcription technology intended to extract individual components from audio files.

Hyperbound: The company raised $15 million in Series A venture funding in a deal led by Peak XV Partners on September 15, 2025, putting the company’s pre-money valuation at $75 million. Snowflake Ventures, Fellows Fund, Roble Ventures, Rebel Fund, Singularity Capital, Team Ignite Ventures, SandHill Markets, Y Combinator, and other undisclosed investors also participated in the round. The company is a developer of an artificial intelligence-based, hyper-personalized sales training and coaching platform featuring realistic AI roleplay simulations.

Swarmer: The company raised $15 million of Series A venture funding in a deal led by Broadband Capital Investments on September 16, 2025. R-G.AI, Green Flag Ventures, D3 (Venture Capital), Network VC and Radius Capital also participated in the round. The company is a developer of artificial intelligence-powered drone technology designed for organizations to handle challenging or dispersed areas.

Apogee Semiconductor: The company raised $11.7 million of venture funding from undisclosed investors on September 18, 2025. The company is an operator of a semiconductor manufacturing business intended to offer radiation-hardened power, analog, and mixed-signal semiconductors.

Plumerai: The company raised $8.7 million of Series A venture funding in a deal led by Partech and OTB Ventures on September 16, 2025. Acclimate Ventures and other undisclosed investors also participated in the round. The company is a developer of an embedded AI software for smart devices such as home cameras, video doorbells, and IoT sensors.

LandingAI: The company raised an undisclosed amount of venture funding from ABB Ventures on September 17, 2025. The company is a developer of a data-centric AI platform primarily focused on industrial visual inspections.

Share.One: The company raised Series A venture funding from undisclosed investors on September 16, 2025. The company is a developer of a corporate service that creates professional video testimonials by conducting guided interviews with clients’ customers to build trust and drive engagement.

Twirlbound: The company raised an undisclosed amount of venture funding from ForsVC and Brabantse Ontwikkelings Maatschappij on September 19, 2025. The company is an independent game development studio based in the Netherlands, that produces open-world action-adventure games.

Altera / Silver Lake: The company was acquired by Silver Lake through a $4.46 billion LBO on April 14, 2025. MGX also participated in the transaction. The company is a developer of programmable logic solutions catering to system and semiconductor companies.

DX / Atlassian: The company reached a definitive agreement to be acquired by Atlassian for $1 billion on September 18, 2025. The company provides a software engineering intelligence platform that helps companies measure and improve developer productivity, experience, and the impact of AI adoption.

Enfabrica / Nvidia: The company was acquired by Nvidia for an estimated $900 million on September 19, 2025. The company is a developer of converged networking and memory fabric silicon and software designed for the performance and scalability demands of artificial intelligence and accelerated computing workloads.

Prepared / Axon Enterprise: The company reached a definitive agreement to be acquired by Axon Enterprise for $800 million on September 19, 2025. The company is a developer of an AI-powered platform designed to enhance emergency response by streamlining call-taking, dispatch, and quality assurance.

simpleshow / D-ID: The company reached a definitive agreement to be acquired by D-ID for $60 million on September 16, 2025. The company is a developer of a SaaS-based platform for businesses to create engaging explainer videos that simplify complex topics into easily understandable formats.

Captify Technologies / Verve: The company was acquired by Verve for EUR 25.6 million on September 16, 2025. The company is an operator of a digital marketing platform designed to offer data-driven advertising and analytics services.

Cross Pixel / Knower Tech: The company was acquired by Knower Tech for an undisclosed amount on September 17, 2025. The company is a developer of an audience data and analysis platform designed for the programmatic advertising industry.

ez enRoute / Zonar Systems: The company was acquired by Zonar Systems, a subsidiary of GPS Trackit, for an undisclosed amount on September 16, 2025. The company is a developer of a touch-free tracking technology for the transportation and transit industry.

Firecrest Films / Channel Four Television: The company was acquired by Channel Four Television through an LBO on September 16, 2025 for an undisclosed amount. The company is an operator of an independent television production house.

Happn / Hello Group.: The company was acquired by Hello Group. for an undisclosed amount on September 19, 2025. The company is a developer of a location-based dating application.

Hobnob / Zazzle: The company was acquired by Zazzle, via its financial sponsors Industry Ventures and Realization Capital Partners, through an LBO on September 18, 2025 for an undisclosed amount. The company is an operator of a mobile application intended to help users create personalized event invitations.

Hubilo / Brandlive: The company was acquired by Brandlive for an undisclosed amount on September 16, 2025. The company is a developer of a virtual event platform.

OG Esports / Chiliz: The company was acquired by Chiliz for an undisclosed amount on September 16, 2025. The company is an operator of a leading European professional esports organization.

OLM Systems / Civica: The company was acquired by Civica, via its financial sponsor Blackstone, through an LBO on September 15, 2025 for an undisclosed amount. The company is a provider of cloud-native software and services for the social care, health, and education sectors.

R2Decide / Xgen AI: The company was acquired by Xgen AI, via its financial sponsor Kapstone Equity Group, through an LBO on September 18, 2025 for an undisclosed amount. The company is a developer of a search and intelligent sales assistant designed for customer engagement and boosting sales conversions.

ROCKHARZ / DEAG Deutsche Entertainment: The company was acquired by DEAG Deutsche Entertainment, via its financial sponsor Apeiron Investment Group, through an LBO on September 15, 2025 for an undisclosed amount. The company is an operator of live music events.

Scientist.com / GHO Capital: The company entered into a definitive agreement to be acquired by GHO Capital through an LBO on September 16, 2025 for an undisclosed amount. The company is an operator of an online marketplace platform intended to connect scientists worldwide.

Spaceback / Rembrand: The company was acquired by Rembrand for an undisclosed amount on September 15, 2025. The company is a developer of an automation platform designed to connect social media to programmatically available advertising opportunities.

Sports Innovation Lab / Genius Sports: The company was acquired by Genius Sports for an undisclosed amount on September 18, 2025. The company is an operator of a global sports market research and advisory firm intended to evaluate and recommend sports products and services.