Technology Private Placement and M&A Transactions Review Week Ending April 20, 2025

Auradine: The company raised $153 million of Series C venture funding in a deal led by StepStone Group on April 16, 2025. Samsung Catalyst Fund, Qualcomm Ventures, MARA holdings, Premji Invest, Mayfield Fund, GSBackers, Maverick Silicon, and other undisclosed investors also participated in the round. The company is a developer of a web platform intended to offer a broad range of infrastructure services across hardware, blockchain, and artificial intelligence.

Hammerspace: The company received $100 million of development capital from Altimeter Capital Management, ARK Investment Management and other undisclosed investors on April 16, 2025. The company is a developer of a global data platform intended to provide storage of data for hybrid information technology environments.

Dolphin Semiconductor: The company entered into a definitive agreement to receive EUR 36 million of development capital from Jolt Capital and Vertex Growth on April 15, 2025. The company is a developer of semiconductor IP solutions designed to accelerate product development and enhance performance.

Recall: The company raised $30 million of venture funding from Coinbase Ventures, Animoca Brands and Jump Crypto on April 14, 2025. Union Square Ventures, Multicoin Capital, Collab+Currency, Consensys Mesh and Reciprocal Ventures also participated in the round. The company is an operator of an intelligence network intended to empower agents to store, share, and trade knowledge on-chain.

Attobahn: The company raised $24 million of venture funding from undisclosed investors on April 17, 2025. The company is a provider of wireless and fiber-less mobile broadband internet services.

Revel: The company raised $23.1 million of Series A venture funding in a deal led by Thrive Capital on April 17, 2025. Carnrite Ventures & other undisclosed investors also participated in the round. The company is a developer of a hardware control platform designed to enable engineers to write control software.

Haus: The company raised $18.3 million of venture funding from undisclosed investors on April 18, 2025. The company is a developer of a marketing science and experimentation platform intended to help make data-driven decisions in a dynamic privacy environment.

Capsule: The company raised $18.2 million in Series A venture funding in a deal led by Innovation Endeavors on April 16, 2025, putting the company’s pre-money valuation at $51 million. Bloomberg Beta, HubSpot Ventures, Realm Capital Ventures, Bria Fund, North Base Media, HyperGuap, Behind Genius Ventures, Swift Ventures, Human Ventures, Tiferes Ventures, Array Ventures, and others also participated in the round. The company is a developer of browser-based video editing technology designed for collaborative content creation and automated post-production purposes.

Arketa: The company raised $18.2 million of venture funding from Recall Capital and other undisclosed investors on April 16, 2025. The company is a developer of a booking software and marketing automation platform for the fitness industry.

Doss: The company raised $18 million of Series A venture funding in a deal led by Theory Ventures on April 15, 2025. Contrary (San Francisco) and other undisclosed investors also participated in the round. The company is a developer of an enterprise resource planning platform.

Deck: The company raised $12 million of Series A venture funding in a deal led by Infinity Ventures on April 16, 2025. Intact Ventures, Golden Ventures, Better Tomorrow Ventures, and Luge Capital also participated in the round. The company is a developer of a data infrastructure platform designed to enable access to user-permissioned data across diverse industries and geographies.

Midnite: The company raised $10 million of Series B venture funding in a deal led by The Raine Group, Play Ventures and Discerning Capital on April 14, 2025. Venrex Investment Management and Big Bets also participated in the round. The company is a developer of a sports betting and casino platform.

RecommenderX: The company raised EUR 8 million of venture funding from undisclosed investors on April 14, 2025. The company is a developer of an AI platform specialising in data analytics and recommender systems solutions for the enterprise market.

Jeeva: The company raised $8.3 million of venture funding from undisclosed investors on April 18, 2025. The company is a developer of an AI-powered customer intelligence and sales platform.

Mindset AI: The company raised GBP 4.3 million of venture funding in a deal led by Edge Investments (UK), Pembroke Venture Capital Trust, and other undisclosed investors on April 14, 2025, putting the company’s pre-money valuation at GBP 8.5 million. The company is a developer of an AI-driven SaaS platform intended to help businesses and professional services firms launch digital platforms.

Adastec: The company is in the process of raising venture funding from Gur-Sel Turizm Tasimacilik ve Servis Ticaret on April 14, 2025. The company is a developer of an automated transportation platform intended to offer full-speed electric public transit buses.

Altera / Silver Lake: The company entered into a definitive agreement to be acquired by Silver Lake through an $8.75 billion LBO on April 14, 2025. The company designs, manufactures, and markets programmable logic devices and associated development tools for system and semiconductor companies.

Touchcast / Infinite Reality: The company reached a definitive agreement to be acquired by Infinite Reality, a subsidiary of Display Social, for $500 million on April 16, 2025. The company is a developer of a comprehensive, generative AI platform using AI and mixed reality to create immersive, interactive virtual and hybrid event experiences.

FireText Communications / Link Mobility Group Holding: The company, a subsidiary of EZ Texting, was acquired by Link Mobility Group Holding for GBP 9.7 million on April 14, 2025. The company is a developer of SMS marketing tools.

aThemes / WPBeginner Growth Fund: The company was acquired by WPBeginner Growth Fund through an LBO on April 15, 2025 for an undisclosed amount. The company is an operator of a WordPress theme company that develops website templates.

CloudShare / Bow River Capital: The company was acquired by Bow River Capital through an LBO on April 14, 2025 for an undisclosed amount. The company is a developer of an on-demand cloud-based platform designed to build, copy and share functional IT environments.

Context.ai / OpenAI: The company was acquired by OpenAI for an undisclosed amount on April 15, 2025. The company is a developer of a product analytics platform designed for LLM-powered applications.

Dashworks / HubSpot: The company reached a definitive agreement to be acquired by HubSpot for an undisclosed amount on April 16, 2025. The company is an AI-powered platform designed to unify and search across a company’s internal knowledge base to connect databases like JIRA, Slack, and Google Drive, allowing users to find information quickly and easily.

DataHawk / Worldeye Technologies: The company was acquired by Worldeye Technologies for an undisclosed amount on April 16, 2025. The company is a developer of an analytics software tool intended to optimize the visibility of products on Amazon.

Dyte / Cloudflare: The company was acquired by Cloudflare for an undisclosed amount on April 18, 2025. The company is a developer of a video infra-as-a-service platform designed to integrate branded, configurable and programmable video and audio experiences.

Earnest Analytics / Consumer Edge: The company reached a definitive agreement to be acquired by Consumer Edge for an undisclosed amount on April 14, 2025. The company is an operator of a data analytics business intended to offer market analysis and assistance with investment-related decisions.

Fennel / Databricks: The company was acquired by Databricks for an undisclosed amount on April 17, 2025. The company is a developer of a machine learning platform designed to compute, store, serve, monitor and govern both realtime and batch ML features.

Funny Till U Die / Flashy Finance: The company was acquired by Flashy Finance, via its financial sponsors Quantum Fintech Group and MDIM Holdings, through an LBO on April 15, 2025 for an undisclosed amount. The company is a developer of Web3 Micro Brand programs for digital characters and in-game assets using Dynamic NFTs and Project Tokens.

Gas Station TV / MidOcean Partners: The company was acquired by MidOcean Partners through an LBO on April 20, 2025 for an undisclosed amount. The company is an operator of a digital video network that delivers media content at gas stations.

Goldmund / Pythagoras Partners: The company was acquired by Pythagoras Partners through an LBO on April 15, 2025 for an undisclosed amount. The company is a manufacturer of audio equipment intended to support playback and production in various sound environments.

Hyperlift / Press Ganey Associates: The company was acquired by Press Ganey Associates, via its financial sponsors GIC Private, Leonard Green & Partners, Harvest Partners, British Columbia Investment Management, Ares Management and Abu Dhabi Investment Authority, through an LBO on April 15, 2025 for an undisclosed amount. The company is a developer of a SaaS platform that offers a suite of data, analytics, and predictive modeling for Medicare Advantage Stars management.

Pex / Vobile: The company was acquired by Vobile for an undisclosed amount on April 14, 2025. The company is a developer of a digital rights technology designed to provide transparency and accuracy to license and manage content.

Pollen Robotics / Hugging Face: The company was acquired by Hugging Face for an undisclosed amount on April 14, 2025. The company is a developer of humanoid robots.

Runna / Strava: The company was acquired by Strava for an undisclosed amount on April 17, 2025. The company is a developer of training, coaching, and community software for runners.

Second Avenue Learning / zSpace: The company was acquired by zSpace for an undisclosed amount on April 15, 2025. The company is a developer of an interactive development and managed services platform for education technology.

SimpliField / YOOBIC: The company was acquired by YOOBIC for an undisclosed amount on April 15, 2025. The company is a SaaS business that offers a mobile platform for retail operations, internal communications, and advanced performance analytics to empower retail talent and drive operational performance.

Sponsorbooker / EmpowerLocal: The company was acquired by EmpowerLocal for an undisclosed amount on April 15, 2025. The company is an operator of a marketplace that connects sponsors with premium content creators.