Technology Private Placement and M&A Transactions Review Week Ending October 12, 2025

Mari: The company received $2 billion of development capital from FMZ ventures, Sideline Group, Apollo Asset Management, RedBird Capital Partners, Forta Advisors, Main Street Advisors, Causeway Media Partners, Gannet Capital, Hongshan Capital Group, Andreessen Horowitz, Ares Management, Curated Wealth Partners, Qatar Investment Authority, Dr. Patrick Soon-Shiong, Nancy Zhang, Eric Schmidt, Gaurav Kapadia, Bulat Utemuratov, Sanjay Govil, Luka Dončić, Anthony Edwards, Sabrina Ionescu and International Media Investments on October 8, 2025. The company is a provider of live event production and experiential entertainment services for concerts, festivals, and cultural programming.

Reflection AI: The company raised $2 billion of Series B venture funding in a deal led by Nvidia on October 9, 2025, putting the company’s pre-money valuation at $6 billion. Citi Ventures, Sequoia Capital, CRV, Lightspeed Venture Partners, Eric Schmidt, DST Global, Disruptive, 1789 Capital, B Capital, GIC Private and Hillspire also participated in the round. The company is a developer of large-scale artificial intelligence models designed for general-purpose machine learning applications.

David AI: The company raised $50 million of Series B venture funding in a deal led by Nvidia and Meritech Capital Partners on October 8, 2025, putting the company’s pre-money valuation at $474 million. First Round Capital, Alt Capital (San Francisco), Amplify Partners, Y Combinator, and other undisclosed investors also participated in the round. The company is a developer of an artificial intelligence-powered end-to-end data platform designed for model developers and enterprises tackling multimodal data needs.

Wasabi: The company raised $32.5 million of venture funding from undisclosed investors on October 6, 2025. The company is a developer of a cloud object storage platform offering low-cost data storage infrastructure for enterprises.

Prezent: The company raised $30 million of venture funding in a deal led by Multiplier Capital, Greycroft and Nomura Strategic Ventures on October 10, 2025, putting the company’s pre-money valuation at $370 million. Emergent Ventures, WestWave Capital, BluePointe Ventures, True Global Ventures and Alumni Ventures also participated in the round. The company is an operator of artificial intelligence-powered presentation software that automates slide creation and business communication workflows.

Kinetic Apps: The company raised $27.4 million of venture funding from undisclosed investors on October 10, 2025. The company is a developer of consumer-facing mobile subscription applications across multiple categories.

Glue: The company raised $20 million of Series A venture funding in a deal led by Abstract Ventures on October 8, 2025, putting the company’s pre-money valuation at $120 million. Craft Ventures, Hack VC, Chapter One, 8-Bit Capital, Kyber Knight Capital, Goldcrest Capital, and other undisclosed investors also participated in the round. The company is a developer of enterprise collaboration and messaging software for workplace communication.

HiOctave: The company raised $15 million of venture funding in a deal led by Khosla Ventures and Vinod Khosla on October 8, 2025. Anthropic, Menlo Ventures, Carya Venture Partners and Celesta Capital also participated in the round.. The company is a developer of an AI-powered customer experience platform designed to help small and mid-sized businesses deliver personalized service at scale.

Splash Sports: The company raised $15 million of Series B venture funding in a deal led by Dream Ventures on October 8, 2025. Evolution Partners, Greenwave Ventures, EP Golf Ventures, Greenwave Ventures, Velvet Sea Ventures and Boston Seed Capital also participated in the round. The company is a developer of a real-money, skill-based gaming platform for competitive sports contests.

BlastPoint: The company raised $14.2 million of Series A venture funding in a deal led by MissionOG on October 9, 2025, putting the company’s pre-money valuation at $43.9 million. Innovation Works, Michigan Capital Network, Next Level Ventures, IrishAngels, and other undisclosed investors also participated in the round. The company is a developer of artificial intelligence software for customer segmentation and behavioral analysis.

Diffusely: The company raised EUR 11 million of Series B venture funding in a deal led by Eurazeo, Prime Ventures and Alven Capital Partners on October 8, 2025. 50 Partners also participated in the round. The company is a developer of generative artificial intelligence technology for creating photorealistic and stylized visual content.

ShipIn: The company raised $11 million of Series A venture funding from undisclosed investors on October 6, 2025, putting the company’s pre-money valuation at $59 million. The company is a developer of a computer vision and operational analytics platform designed to permit seamless ship-to-shore collaboration for maritime fleets.

ProphetX: The company raised $10 million of venture funding from Greenwave Ventures amd Data Point Capital on October 7, 2025, putting the company’s pre-money valuation at $67 million. The company is a developer of an online sports prediction exchange platform designed to facilitate sports betting.

Amgine: The company raised $8.5 million of venture funding in the form of convertible debt financing from undisclosed investors on October 9, 2025. The company is a developer artificial intelligence automation software for corporate travel management and business travel booking processes.

Cloudnine Augmented Intelligence: The company is in the process of raising $5 million of Series A venture funding through a combination of debt and equity on October 11, 2025, putting the company’s pre-money valuation at $25 million. The company is a developer of augmented intelligence technology designed to simplify data management and enhance governance across enterprises.

AtomBeam: The company is in the process of raising $10 million of venture funding as of October 6, 2025. The company is a developer of data compression and transmission optimization technology for bandwidth-constrained applications and edge computing environments.

Constant Contact: The company received an undisclosed amount of development capital from Clearlake Capital Group on October 7, 2025. The company is a provider of digital marketing automation and email campaign management software for small businesses and nonprofit organizations.

Kernel: The company raised an undisclosed amount of Series A venture funding in a deal led by Accel on October 9, 2025. Vercel, Refinery Ventures, SV Angel, Cintrifuse Capital, Y Combinator, Paul Graham, David Cramer, Solomon Hykes, Zach Sims and Charlie Marsh also participated in the round. The company is a developer of browser automation infrastructure enabling AI agents to control and interact with web browsers programmatically.

Origin: The company raised an undisclosed amount of venture funding from Cybertrust on October 8, 2025. The company is a developer of wireless sensing devices and IoT technology for consumer and commercial monitoring applications.

Tangibly: The company raised an undisclosed amount of venture funding from SIM (Florida) on October 7, 2025. The company is a developer of an intellectual property management software for identifying, cataloging, and protecting corporate trade secrets.

AirConsole / KPIT Technologies: The company was acquired by KPIT Technologies for EUR 16.4 million on October 8, 2025. The company is a developer of a cloud-based gaming platform accessible through web browsers without console hardware.

Playdigious / Griffin Gaming Partners: Griffin Gaming Partners reached a definitive agreement to acquire the company, a subsidiary of Fragbite Group, through a EUR 10.5 million LBO on October 8, 2025. The company is a developer of a mobile game publishing and porting service that brings PC and console games to mobile platforms.

Aeronautical & General Instruments / DC Capital Partners: The company, a subsidiary of Trident Maritime Systems, was acquired by DC Capital Partners through an LBO on October 10, 2025 for an undisclosed amount. The company is a manufacturer of instruments and systems intended for the defense and civil markets.

Aquifer / Speech Graphics: The company was acquired by Speech Graphics for an undisclosed amount on October 7, 2025. The company is a developer of animation software that enables rapid character animation and motion graphics creation for content creators.

DAVID. / Angel Studios: The company was acquired by 2521 Entertainment and Angel Studios for an undisclosed amount on October 8, 2025. The company is an operator of an entertainment production studio creating film and television content for global distribution.

Featureform / Redis: The company was acquired by Redis, via its financial sponsor Grays Peak Capital, through an LBO on October 9, 2025 for an undisclosed amount. The company is an operator of a feature engineering and data transformation platform that unifies streaming and batch data pipelines for machine learning applications.

Figaro / Tuned Global: The company was acquired by Tuned Global for an undisclosed amount on October 7, 2025. The company is a developer of IT infrastructure monitoring and automation software for improving system reliability and performance.

Jolt AI / Ramp: The company was acquired by Ramp for an undisclosed amount on October 6, 2025. The company is a developer of artificial intelligence-powered code generation tools for software development and production codebases.

KFOX Radio / Connoisseur Media: Connoisseur Media reached a definitive agreement to acquire the company, a subsidiary of Bonneville International, for an undisclosed amount on October 7, 2025. The company is an operator of a radio station based in San Jose, California.

Monolith / CoreWeave: The company reached a definitive agreement to be acquired by CoreWeave for an undisclosed amount on October 6, 2025. The company is a developer of machine learning software for predictive engineering design and physical simulation modeling.

Sportall / Sportway: The company was acquired by Sportway for an undisclosed amount on October 10, 2025. The company is a developer of a sports streaming and broadcasting platform for live sporting events and video content distribution.

Starchive / The Crypto Company: The company reached a definitive agreement to be acquired by The Crypto Company for an undisclosed amount on October 9, 2025. The company is a developer of a digital asset management and media archiving software for content owners and media organizations.

STATSports / Sony: The company was acquired by Sony for an undisclosed amount on October 8, 2025. The company is a developer of wearable GPS tracking devices and performance analytics software for professional athletes and sports teams.

STEVA Sports Software / Cardinal Sports Capital: The company was acquired by Cardinal Sports Capital through an LBO on October 7, 2025 for an undisclosed amount. The company is a developer and seller of sports video analysis software.

The Fellas Studios / Global Media Group Services: The company was acquired by Global Media Group Services for an undisclosed amount on October 7, 2025. The company is an operator of a podcast production company creating and distributing audio content.