Technology Private Placement and M&A Transactions Review Week Ending April 27, 2025

Monarrch: The company raised $260 million of venture funding from undisclosed investors on April 25, 2025. The company, based in Nashville, Tennessee, and Melbourne, Australia, specializes in AI-driven rights management solutions through collaboration with artists, AI companies, and governments to ensure intellectual property protection and fair compensation in generative AI.

Manychat: The company raised $140 million of Series B venture funding in a deal led by Summit Partners on April 22, 2025, putting the company’s pre-money valuation at $490 million. The company is a developer of an automated messaging platform designed to improve customer interactions across digital channels.

Ocient: The company raised $132 million of Series B venture funding in a deal led by OCA Ventures, Greycroft, Allstate Strategic Ventures, and Blue Bear Capital on April 22, 2025, putting the company’s pre-money valuation at $28.25 million. Solidigm, Northwestern Mutual Capital, Massive Capital, Valor Equity Partners, and others also participated in the round. The company is an operator of a data analytics platform intended to offer rapid analysis of large datasets.

Albedo: The company is in the process of raising an estimated $100 million of Series B venture funding from General Innovation Capital on April 23, 2025, putting the company’s pre-money valuation at an estimated $285 million. The company is a developer of a constellation of satellites designed to capture ultra-high-resolution satellite imagery from very low Earth orbit.

Windfall: The company raised $65 million of Series B1 venture funding in a deal led by Morgan Stanley Expansion Capital on April 23, 2025, putting the company’s pre-money valuation at $143 million. The company is a developer of a people intelligence platform that provides AI workflow solutions for organizations to identify audiences and convert prospects through automation.

Nous Research: The company raised $50 million of venture funding in a deal led by Paradigm on April 25, 2025. Other undisclosed investors alo participated in the round. The company is a developer of human-centric artificial intelligence models designed for enhancing reasoning and adaptability in real-world applications.

Northwood: The company raised $30 million through a combination of Debt and Series A venture funding in a deal led by Andreessen Horowitz and Alpine Space Ventures on April 22, 2025, putting the company’s pre-money valuation at $77 million. Founders Fund, Also Capital, Long Journey Ventures, BoxGroup, Humba Ventures, Balerion Space Venture, Banter Capital (United States), Evan Loomis, Adrian Aoun, Aabid Razvi and StepStone Group also participated in the round. The company is a developer of an ultra-wideband gateway technology designed to expand access to space by transforming satellite backhaul infrastructure.

Reducto: The company raised $24.5 million of Series A venture funding in a deal led by Benchmark Capital Holdings on April 25, 2025. First Round Capital, BoxGroup and Y Combinator also participated in the round. The company is a developer of a retrieval augmented generation platform designed for users to convert documents into chunks for LLMs.

Kodisoft: The company closed on $18 million of an undisclosed targeted amount of venture funding on April 23, 2025, putting the company’s pre-money valuation at $65 million. The company is a developer of deep-tech, dual-use sensing systems designed for applications across defense, industrial, and commercial sectors.

Cart.com: The company raised $14.5 million of venture funding from undisclosed investors on April 25, 2025. The company is a developer of unified commerce and logistics software designed to scale businesses online.

Stay Gold Features: The company raised $10 million of venture funding from Lunsford Capital and other undisclosed investors on April 23, 2025. The company is an operator of a film fund and production company, founded by Daniela Taplin Lundberg, that produces movies by auteur directors.

Neurolabs: The company raised GBP 6.2 million of Series A venture funding in a deal led by Nauta Capital on April 23, 2025, putting the company’s pre-money valuation at GBP 17.28 million. Lunar Ventures, Techstart Ventures, LAUNCHub Ventures, and other undisclosed investors also participated in the round. The company is a developer of a computer vision platform intended to offer algorithms to interpret and understand the world visually.

Channel Factory: The company received an undisclosed amount of development capital from Truelink Capital on April 24, 2025. The company is a developer of advertising technology and a data platform designed to provide a streamlined and transparent alternative to content-aligned targeting.

Connectbase: The company is in the process of raising venture funding on April 24, 2025. The company is a developer of a market participation platform designed to use location-based insights and automation to buy and sell connectivity.

Markforged / Nano Dimension: The company was acquired by Nano Dimension, a subsidiary of Lite-On Technology, for $116 million on April 25, 2025. Markforged Holding Corp produces and sells metal 3D printers, metal parts and materials.

Spectra7 Microsystems / Parade Technologies: The company was acquired by Parade Technologies for $9.1 million on April 22, 2025. Spectra7 Microsystems Inc is a high-performance analog semiconductor company delivering high bandwidth, speed and resolution for leading electronics manufacturers in broadband connectivity markets.

Amplo Records / WieRok Entertainment Group: The company was acquired by WieRok Entertainment Group for an undisclosed amount on April 24, 2025. The company is an operator of a record label and music publishing company based in Franklin, Tennessee.

Travelnode / Arx Equity Partners: The company was acquired by Arx Equity Partners and Sandberg Capital via an LBO on April 24, 2025 for an undisclosed amount. The company is a developer of travel software designed to enhance operational efficiency and support market access for hospitality and travel businesses.

Anadigm / Okika Devices: The company was acquired by Okika Devices for an undisclosed amount on April 22, 2025. The company is a fabless semiconductor business specializing in Dynamically Programmable Analog Signal Processors (dpASPs) and Field Programmable Analog Arrays (FPAAs) to offer solutions for analog signal processing, enabling real-time reconfiguration and dynamic adaptation of analog circuits.

BeeMee.Buzz / Flashy Finance: The company was acquired by Flashy Finance, via its financial sponsors Quantum Fintech Group, and MDIM Holdings, through an LBO on April 22, 2025 for an undisclosed amount. The company is an operator of a social music platform intended to turn karaoke into a viral, creator-first experience for Gen Z users.

Deeplite / STMicroelectronics: The company was acquired by STMicroelectronics for an undisclosed amount on April 23, 2025. The company is a provider of intelligent AI optimization software to make deep neural networks faster, smaller, and energy-efficient.

Demyst / Feedzai: The company was acquired by Feedzai for $100 million on April 22, 2025. The company is a developer of a cloud-based data workflow automation platform designed to orchestrate and operationalize external data with speed, safety and reliability.

Generation Esports / PlayVS: The company was acquired by PlayVS for an undisclosed amount on April 22, 2025. The company is an operator of grade school-level esports leagues and tournaments.

Icera / Lancom: The company, a subsidiary of Nvidia, was acquired by Lancom, a subsidiary of Techone, for an undisclosed amount on April 24, 2025. The company is a developer of wireless modem chipsets for the mobile broadband industry.

Mention Solutions / Agorapulse: The company was acquired by Agorapulse, via its financial sponsor Entrepreneur Invest, through an LBO on April 23, 2025 for an undisclosed amount. The company is a developer of real-time web alerts software that specializes in brand and media monitoring, social listening and reputation management.

Metaplane / Datadog: The company was acquired by Datadog for an undisclosed amount on April 23, 2025. The company is a developer of an end-to-end data observability platform designed to assist data scientists in detecting data quality issues.

ParkZen / Parking Guidance Systems: The company was acquired by Parking Guidance Systems, via its financial sponsor Milton Street Capital, through an LBO on April 21, 2025 for an undisclosed amount. The company is a developer of a smartphone-based car parking application.

Prismm / Cvent: The company was acquired by Cvent for an undisclosed amount on April 24, 2025. The company is a developer of a cloud-based event planning platform.

RUSH Entertainment / SONIX: The company reached a definitive agreement to be acquired by SONIX for an undisclosed amount on April 25, 2025. The company is an operator of an esports platform catering to gamers, content creators, and esports organizations.

Spellbook Studio / Zelgor Games: The company was acquired by Zelgor Games for an undisclosed amount on April 23, 2025. The company is a developer of online multiplayer video games.

Turpentine / Andreessen Horowitz: The company was acquired by Andreessen Horowitz through an LBO on April 21, 2025 for an undisclosed amount. The company is an operator of a network of podcasts, newsletters, and digital media channels designed to cover topics in technology, business, culture, and emerging trends.