Technology Private Placement and M&A Transactions Review Week Ending November 23, 2025

Anthropic: The company raised $15 billion of venture funding from Microsoft and Nvidia on November 19, 2025, putting the company’s pre-money valuation at an estimated $335 billion. The company is a developer of a large language model platform designed for business-critical use cases.

Project Prometheus: The company raised $6.2 billion of venture funding from Jeffrey Bezos and other undisclosed investors on November 18, 2025. The company is a developer of artificial intelligence systems for physical-world robotics and hands-on task automation.

Lambda: The company raised $1.5 billion of Series E venture funding in a deal led by TWG Global (Chicago) on November 18, 2025, putting the company’s pre-money valuation at $3.9 billion. US Innovative Technology Fund and other undisclosed investors also participated in the round. The company is a developer of a cloud computing platform designed for large-scale artificial intelligence training and inference.

Luma AI: The company raised $900 million of Series C venture funding in a deal led by HUMAIN on November 20, 2025, putting the company’s pre-money valuation at $3.1 billion. AMD Ventures, Matrix, Amplify Partners, and Andreessen Horowitz also participated in the round. The company is a developer of multimodal artificial intelligence video generation technology for creating and editing visual content.

Physical Intelligence: The company raised $600 million of Series B venture funding in a deal led by CapitalG on November 20, 2025, putting the company’s pre-money valuation at $4.8 billion. Thrive Capital, Lux Capital, Index Ventures, Factorial Funds, Jeffrey Bezos, T. Rowe Price Group and other undisclosed investors also participated in the round. The company is a developer of general-purpose AI systems enabling robots to interact with and manipulate the physical world.

MainFunc: The company raised $275 million of Series B venture funding in a deal led by LG Technology Ventures, SBI Investment and Emergence (Financial Services) on November 20, 2025, putting the company’s pre-money valuation at $975 million. Tencent Investment, Pavilion Capital, Lanchi Ventures, Hongshang Capital and UpHonest Capital also participated in the round. The company is a developer of search engine technology providing indexed web content and AI-generated information summaries.

Suno Studio: The company raised $250 million of Series C venture funding in a deal led by Menlo Ventures on November 19, 2025, putting the company’s pre-money valuation at $2.2 billion. Hallwood Media, Matrix, Lightspeed Venture Partners, and nVentures also participated in the round. The company is a developer of a generative artificial intelligence music creation platform for composing and producing songs.

Wispr Flow: The company raised $53.1 million of Series A venture funding in a deal led by Menlo Ventures and Notable Capital on November 20, 2025, putting the company’s pre-money valuation at $646.8 million. New Enterprise Associates, 8VC, Flight Fund, Matt Kraning, Evan Sharp, Henry Ward, Florent Crivello, Kenneth Schlenker, and other undisclosed investors also participated in the round. The company is a developer of voice-controlled neural interface technology for AI-first computing interactions.

Flexion Robotics: The company raised $50 million of Series A venture funding in a deal led by DST Global on November 20, 2025. NVentures (Santa Clara), Prosus Ventures, Moonfire, and Redalpine also participated in the round. The company is a developer of humanoid robot control software and automation systems for manufacturing and space exploration.

Sortera Technologies: The company raised $45 million of venture funding through a combination of debt and equity on November 20, 2025. The equity portion of $20 million was led by VXI Capital Management with participation from Yamaha Motor Ventures, Overlay Capital and Trinity Capital. The company is a developer of automated sorting systems using AI and robotics for metal recovery and recycling from end-of-life products.

Netomi: The company raised $43 million of Series C venture funding from Western Technology Investment, Fin Capital, and other undisclosed investors on November 18, 2025, putting the company’s pre-money valuation at $426 million. The company is a developer of artificial intelligence-powered customer service automation software for enterprise support operations.

Archetype AI: The company raised $35 million of Series A venture funding in a deal led by Hitachi Ventures and Invictus Advisory Group on November 20, 2025. Amazon Industrial Innovation Fund, Samsung Venture Investment, Higher Life Ventures, Venrock, Systemiq Capital, E12 Venture Capital and Bezos Expeditions also participated in the round. The company is a developer of physical artificial intelligence systems for understanding and interacting with real-world environments through sensor data.

Vyntelligence: The company raised $30 million of Series B venture funding in a deal led by Blume Equity and Morgan Stanley Investment Management on November 19, 2025. The company is a developer of an agentic video intelligence work platform designed to transform complex analog work.

GetVocal AI: The company raised $26 million of Series A venture funding in a deal led by Creandum on November 18, 2025. Speedinvest and Elaia Partners also participated in the round. The company is a developer a conversational AI agent platform intended to automate call outreach and customer service processes.

Aive: The company raised EUR 16.5 million through a combination of debt and Series A venture funding in a deal led by The Invus Group on November 18, 2025, putting the company’s pre-money valuation at EUR 29.7 million. Caisse Regionale Credit Agricole Mutuel d’Ille et Vilaine, Credit Industriel et Commercial, BNP Paribas Développement, Kaloma Capital and other undisclosed investors also participated in the round. The company is a developer of artificial intelligence-powered software for audio-visual content post-production and editing workflows.

Openhands: The company raised $18.8 million of Series A venture funding in a deal led by Madrona Venture Group on November 18, 2025, putting the company’s pre-money valuation at $57 million. Fujitsu Ventures, Obvious Ventures, Menlo Ventures, Pillar VC, Alumni Ventures, and other undisclosed investors also participated in the round. The company is a developer of open-source artificial intelligence agents designed to automate tasks for developers.

Kerv.ai: The company received $17.5 million of Development capital from Coral Tree Partners and other undisclosed investors on November 19, 2025. The company is a developer of a video analysis, performance and monetization platform intended to serve advertisers, content owners and media platforms.

AskTuring: The company raised an estimated $12.5 million of Series A venture funding from undisclosed investors on November 18, 2025. The company is a developer of an AI-powered platform designed to access and analyze proprietary data and automate complex processes.

World Labs: The company raised an undisclosed amount of venture funding from Samsung Venture Investment, Nvidia and Advanced Digital Information on November 20, 2025. Cisco Investments, Sanabil Investments and Temasek Holdings also participated in the round. The company is a developer of an artificial intelligence platform designed for humanlike processing of visual data.

Informatica / Salesforce: The company was acquired by Salesforce for $8 billion on November 18, 2025. Informatica Inc provides AI-enabled cloud-native data management platforms for connecting, managing, and unifying data across multi-vendor, multi-cloud, and hybrid enterprise systems.

Chronosphere / Palo Alto Networks: The company reached a definitive agreement to be acquired by Palo Alto Networks for $3.4 billion on November 19, 2025. The company is a developer of cloud-native observability and monitoring platforms for tracking infrastructure performance and data locality.

SEMrush / Adobe: The company reached a definitive agreement to be acquired by Adobe for $1.9 billion on November 20, 2025. SEMrush Holdings Inc is a provider of online visibility management and digital marketing SaaS platforms for SEO, content marketing, and competitive research.

DX / Atlassian: The company was acquired by Atlassian for $1 billion on November 19, 2025. The company is a supplier of developer productivity analytics platforms providing insights into engineering efficiency and workflow optimization.

N-Dream / KPIT Technologies: The company was acquired by KPIT Technologies on November 18, 2025. The company is a developer of in-vehicle gaming and entertainment platforms.

MARSS / Electro Optic Systems: Electro Optic Systems entered into a definitive agreement to acquire the interceptor drone business of MARSS for GBP 5.5 million on November 19, 2025. The company is a manufacturer of AI-guided counter-drone interceptor systems based in London, United Kingdom.

Akooda / Tulip Interfaces: The company reached a definitive agreement to be acquired by Tulip Interfaces for an undisclosed amount on November 18, 2025. The company is a developer of an AI-powered knowledge management and organizational intelligence platform for remote work environments.

Aptible / Opti9 Technologies: The company was acquired by Opti9 Technologies, via its financial sponsors Crest Rock Partners and Nelnet Ventures, through an LBO on November 17, 2025 for an undisclosed amount. The company is a developer of platform-as-a-service infrastructure for deploying applications and databases with security compliance.

AuthorityLabs / Universal Technology Capital Partners: The company was acquired by Universal Technology Capital Partners on an undisclosed date. The company is a developer of search engine rank tracking software for monitoring brand visibility across search platforms.

CaptureLife / GoPhoto: The company reached a definitive agreement to be acquired by GoPhoto for an undisclosed amount on November 21, 2025. The company is a developer of a photo-sharing platform for capturing, organizing, and distributing personal and professional images.

DataChain / lakeFS: The company was acquired by lakeFS for an undisclosed amount on November 18, 2025. The company is a developer of open-source data versioning tools for managing machine learning datasets and infrastructure.

Dioptra / Icertis: The company was acquired by Icertis for an undisclosed amount on November 19, 2025. The company is a developer of an MLOps platform for automating machine learning model monitoring and continuous improvement.

Empirical Wax / Eros Innovation: The company reached a definitive agreement to be acquired by Eros Innovation for an undisclosed amount on November 20, 2025. The company is a provider of real-time AI-driven musical and cinematic environment generation services.

EzDubs / Cisco Systems: The company was acquired by Cisco Systems for an undisclosed amount on November 17, 2025. The company is a developer of real-time AI dubbing and translation technology for creating multilingual video content with voice preservation.

Hypixel Studios / Simon Collins-Laflamme: The company was acquired for an undisclosed amount by Simon Collins-Laflamme on November 18, 2025. The company is an operator of a video game development studio in Londonderry, Northern Ireland.

KiKa / Wintergreen Acquisition: The company reached a definitive agreement to combine with Wintergreen Acquisition through a reverse merger on November 18, 2025. The company is a developer of  customizable mobile keyboard software for enhanced text input and typing experiences.

Line Mileage / Lyrical Media: The company was acquired by Lyrical Media for an undisclosed amount on November 17, 2025. The company is a producer of animated films and television franchises for global entertainment distribution.

Spiral / UJET: The company was acquired by UJET for an undisclosed amount on November 18, 2025. The company is a developer of an omnichannel customer feedback collection and sentiment analysis platform.

Magnasense / Subgen AI: The company acquired Magnasense through a reverse merger for an undisclosed amount on November 17, 2025, putting the company’s valuation at EUR 200 million. The company is a developer of domain-specific large language models for specialized industry applications.

VR Esport Arena / Hero Zone: The company reached a definitive agreement to be acquired by Hero Zone for an undisclosed amount on November 18, 2025. The company is an operator of virtual reality gaming and entertainment venues.

Whosampled.com / Spotify: The company was acquired by Spotify for an undisclosed amount on November 19, 2025. The company is a developer of a music discovery platform mapping connections between songs through samples, covers, and remixes.

WorkPerfectly / uStudio: The company was acquired by uStudio for an undisclosed amount on November 20, 2025. The company is a developer of an internal podcast and video distribution platform for enterprise communications.