Technology Private Placement and M&A Transactions Review Week Ending April 23, 2023

Weaviate: The company raised $50 million of Series B venture funding led by Index Ventures on April 20, 2023, putting the company’s pre-money valuation at $150 million. Battery Ventures, NEA, Cortical Ventures , Zetta Venture Partners and ING Ventures also participated in the round. The company is a developer of a SaaS and hybrid-SaaS platform designed to build search and recommendation systems.

Optable: The company raised $20 million of Series A venture funding from asterX Capital, Hearst Ventures, and Deloitte Ventures on April 18, 2023. Desjardins Capital and Brightspark Ventures also participated in the round. The company is a developer of a data connectivity platform designed for the advertising ecosystem.

Robust.AI: The company raised $20 million of Series A1 venture funding in a deal led by Prime Movers Lab on April 20, 2023. Energy Impact Partners, Playground Global, JAZZ Venture Partners, and Future Ventures also participated in the round. The company is a developer of a robot management platform intended to help companies develop materials handling systems that include people and robots.

Karate Combat: The company raised $18 million of venture funding in a deal led by BITKRAFT Ventures on April 19, 2023. Delphi Digital, The Operating Group, Lattice, Alpha Wave Global, Hashkey Capital, M13, Santiago Santos, RooxieXBT and other undisclosed investors also participated in the round. The company is an organizer of a premier professional combat sports league for the martial art of karate.

Rock The Bells: The company raised $15 million in Series B venture funding in a deal led by Raine Ventures, Paramount Global and Irving Azoff on April 17, 2023, putting the company’s pre-money valuation at $75 million. American Express Ventures, XO Capital, North Island Ventures, AME Cloud Ventures, Capstar Ventures, ASK Capital and Wildcat Capital Management also participated in the round. The company is a provider of a multi-platform destination for Hip-Hop music.

Mansa: The company raised $8 million of venture funding in a deal led by MaC Venture Capital on April 18, 2023. Esusu, Dubin Clark & Company, Rainmaker Investments, WndrCo, Base Ventures, Black Capital, James Norman, Abbey Wemimo, Robert Fenwick-Smith, David Oyelowo and Galaxy Investment Group also participated in the round. The company is an operator of a streaming media platform.

Tableland: The company raised $8 million of Series A venture funding in a deal led by CoinFund on April 20, 2023. Multicoin Capital, BlueYard Capital and A Capital also participated in the round. The company is a developer of a permissionless relational database for web3 applications.

TreesPlease Games: The company raised $8 million of venture funding from undisclosed investors on April 20, 2023. The company is an operator of a game development studio.

Low 6: The company raised an undisclosed amount of venture funding from the National Hockey League on April 21, 2023. The company is a developer of sports betting and gamification platforms intended to deliver fully customizable, innovative games for brands to acquire and connect with their fans.

Martech3D: The company raised an undisclosed amount of venture funding from Blackfinch Ventures on April 19, 2023. The company is a developer of a 3D product marketing and sales platform intended to upload new products and update product information with a no-code Content Management System.

RideTandem: The company raised an undisclosed amount of venture funding from unbundled vc and Blackfinch Ventures on April 19, 2023. The company is a provider of shared transportation services intended to build next-generation mobility for towns and small cities.

Dovetail Games / Focus Entertainment: The company was acquired by Focus Entertainment for an undisclosed amount on April 20, 2023. The company is a developer of simulation entertainment software intended to serve the gaming industry.

Old Street Solutions / Tempo: The company has entered into a definitive agreement to be acquired by Tempo, via its financial sponsor Diversis Capital, through an LBO on April 17, 2023 for an undisclosed amount. The company is a developer of software products intended to make other software an easy-to-use platform for businesses.

ProbablyMonsters / PlayStation: The company reached a definitive agreement to be acquired by PlayStation, a subsidiary of Sony Interactive Entertainment, for an undisclosed amount on April 20, 2023. The company is an operator of a video gaming studio.

Rapid Imaging Technologies / Chesapeake Technology International: The company was acquired by Chesapeake Technology International, via its financial sponsor Bluestone Investment Partners, through an LBO on April 20, 2023 for an undisclosed amount. The company is a provider of imaging technology services intended for government and enterprise customers.

Songoda / Craftaro: The company was acquired by Craftaro for an undisclosed amount on April 17, 2023. The company is a developer of video games based in Connecticut.

Submarine / Mediawan: The company was acquired by Mediawan, via its financial sponsors Bpifrance, Groupe MACSF, Atwater Capital, Societe Generale Capital Partenaires and Kohlberg Kravis Roberts, through an LBO on April 17, 2023 for an undisclosed amount. The company is an opeartor of a production company intended to develop and produce feature films, documentaries, animation and transmedia.

TruckMap / Tenstreet: The company was acquired by Tenstreet, via its financial sponsors Supply Chain Ventures and Providence Equity Partners, through an LBO on April 19, 2023 for an undisclosed amount. The company is a developer of a mobile-based navigation platform designed to offer traffic and parking information to truck drivers.