Strategy | Financing Highlight

Private Placement / Financing Transactions

Celona: The company raised $60.00 million of Series C venture funding in a deal led by DigitalBridge Ventures on March 28, 2022, putting the company’s pre-money valuation at $360 million. Qualcomm Ventures, NTTVC, Lightspeed Venture Partners, Cervin, Norwest Venture Partners, and other undisclosed investors also participated in the round. The company is a developer of AI-powered business-critical solutions designed to meet the connectivity needs of AI and edge-compute powered apps in the enterprise.

Syntiant: The company raised $55 million of Series C1 venture funding from Renesas Electronics, Millennium Technology Value Partners, and Mirae Asset Capital on March 28, 2022, putting the company’s pre-money valuation at $360 million. M12, Robert Bosch Venture Capital, Atlantic Bridge Capital, Alpha Edison, and other undisclosed investors also participated in this round. The company is a developer of neuromorphic semiconductors designed to move artificial intelligence and machine learning from the cloud to edge devices.

Sanas: The company raised $36 million in venture funding from an undisclosed investor on March 29, 2022. The company is a developer of an accent matching software designed to reduce language barriers and accent mismatch while communicating.

nDreams: The company raised $35 million of venture funding from Aonic Group on March 29, 2022. The company is a developer and publisher of virtual reality games intended to create innovative and remarkable interactive experiences.

Trebel: The company raised $25 million of Series B venture funding led by MNC Media Investment on March 3, 2022. Juan Arias, Christopher Burch, Thaddeus Young and Alejandro Grisi also participated in the round. The company is a developer of a music application designed to download music at no cost and listen to that music on-demand and offline.

DoubleMe: The company raised $15 million of series A venture funding on March 31, 2022. The company is a developer of a holographic reality platform intended to provide real-time volumetric video capture services for holographic communication.

CHILI Publish: The company raised $10 million of venture funding from Connected Capital, Group MC, and Pamica on March 29, 2022. The company is a developer of an online document editing software designed for simplification and automation of graphics.

Lucra: The company is reportedly in the process of raising $10 million of Series A venture funding in a deal led by Raptor Group on March 30, 2022. The company is a developer of a peer-to-peer sports gaming platform created for fans to compete with their friends.

Relative Insight: The company raised GBP 5 million of venture funding from YFM Equity Partners. The company is a developer of a comparative text analysis platform intended to extract business intelligence from text.

Simwin Sports: The company raised $6.2 million in Series B venture funding from undisclosed investors on March 28, 2022, putting the company’s pre-money valuation at $63.9 million. The company is an operator of a digital sports platform intended to bring esports, fantasy sports, and in-play predictions together.

Crypto Raiders: The company raised $6 million in venture funding led by DeFiance Capital and Delphi Digital on March 30, 2022. GuildFi, Merit Circle, Three Arrows Capital, Yield Guild Games, and other undisclosed investors also participated in this round. The company is a developer of a gaming platform designed to bring the gaming and crypto worlds together.

Behaviour Interactive: The company raised an undisclosed amount of venture funding from Haveli Investments and NetEase Games on March 28, 2022. The company is an operator of an independent game development studio.

Cloudeo: The company raised an undisclosed amount of venture funding from Cryptology Asset Group in April 2022. The company is a developer of a cloud-based geospatial market platform designed to simplify the geo-business for customers and partners.

Cloutdesk: The company raised an undisclosed amount of venture funding from Talent Resources Ventures in April 2022. The company is a developer of a business management platform designed for social media creators and influencers.

Combo: The company raised venture funding from Imagination Capital, Ian Logan and Hustle Fund in April 2022. The company is a developer of a video editing application intended to create creative clips for video-sharing platforms.

Dragonfruit: The company raised an undisclosed amount of venture funding from 2.12 Angels on March 28,2022. The company is a developer of an AI-Powered video cloud platform designed to lower the cost of petabyte-scale storage.


M&A Transactions

RE2 Robotics / Sarcos: The company was acquired by Sarcos for $100 million on March 28, 2022. The company is a developer of intelligent mobile manipulation systems designed to serve the aviation, construction, defense, energy, and medical industries.

Media Management / Ebiquity: The company reached a definitive agreement to be acquired by Ebiquity for GBP 8.1 million on March 29, 2022. The company is a provider of an independent, third-party audit service intended for media investments.

Audiencly / Flexion: The company reached a definitive agreement to be acquired by Flexion for EUR 9.3 million on March 30, 2022. The company is an operator of an influencer marketing agency intended to connect companies of all types and sizes with influencers and content creators around the world.

Centomedia / Digitopia: The company was acquired by Digitopia for an undisclosed amount on March 31, 2022. The company is a provider of digital signage services intended to provide screen communication for corporate, retail and government.

Fanout / Fastly: The company was acquired by Fastly for an undisclosed amount on March 30, 2022. The company is a developer of a cloud-based push platform designed to build and scale real-time and streaming APIs such as live chat support, ecommerce, video streaming, gaming, and collaborative editing.

Fantasmo / TIER: The company was acquired by TIER for an undisclosed amount on March 31, 2022. The company is a developer of a mapping technology designed to provide hyper-accurate geospatial positioning.

Parsec Media / Kargo Global: The company was acquired by Kargo Global for an undisclosed amount on March 31, 2022. The company is a developer of an advertisement platform designed to measure and optimize the attention of brands and agencies.

Replier.ai / Tailwind: The company was acquired by Tailwind on March 30, 2022. The company is a developer of an artificial intelligence platform designed to send the right responses to customer reviews.

Spin VR / Adobe Systems: The company reached a definitive agreement to be acquired by Adobe Systems for an undisclosed amount on March 28, 2022. The company is a developer of a software technology platform designed to produce photorealistic, interactive, multimedia experiences.

Tamber / Beek: The company was acquired by Beek for an undisclosed amount on March 31, 2022. The company is a developer of a hosted recommendation platform designed to help developers personalize apps.

Telemundo Atlanta / Gray Television: The company was acquired by Gray Television for an undisclosed amount on April 1, 2022. The company is an operator of a television broadcasting channel for Spanish and Korean programs.

TheViewPoint / Tatari: The company was acquired by Tatari for an undisclosed amount on March 29, 2022. The company is a developer of a video advertisement monetization platform intended to offer more control over connected television advertisement inventory.

ubisend / Soprano Design: The company was acquired by Soprano Design for an undisclosed amount on March 31, 2022. The company is a developer of chatbot and conversational AI communication tools for businesses.

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