Technology Private Placement and M&A Transactions Review Week Ending August 25, 2024

Submittable: The company raised $91.4 million of venture funding from undisclosed investors on August 21, 2024. The company is a developer of a cloud-based web submission management platform.

Story Protocol: The company raised $83 million of Series B venture funding in a deal led by Andreessen Horowitz on August 21, 2024, putting the company’s pre-money valuation at $2.2 billion. Polychain Capital, Adrian Cheng, Cozomo de’ Medici, and Scott Trowbridge also participated in the round. The company is a developer of a web3 intellectual property registration protocol.

Admiral: The company received $19 million of development capital from led by Harbert Growth Partners and Bridge Bank on August 21, 2024. The company is a developer of a visitor relationship management platform.

Carro: The company raised $14 million of Series B1 venture funding from GC1 Ventures, Red Beard Ventures and Evolution Ventures on August 22, 2024. Pari Passu Venture Partners, Alpha Edison, John Tu, Jack Reed and Jay Myers also participated in the round. The company is a developer of a marketing platform that utilizes social media influencers to increase customer reach.

DNVR: The company raised $12 million of Series B venture funding in a deal led by Tegna on August 20, 2024. Mosaic General Partnership and Bullpen Capital also participated in the round. The company is an operator of a digital sports network.

ModelOp: The company raised $10 million of Series B venture funding in a deal led by Baird Capital on August 19, 2024, putting the company’s pre-money valuation at $32 million. Blu Venture Investors and Innovative Capital Ventures also participated in the round. The company is a developer of artificial intelligence governance software.

TOCA Football: The company raised $9.1 million of venture funding in the form of options and warrants from undisclosed investors on August 19, 2024. The company is an opeartor of technology-enabled soccer experiences and an entertainment company.

VividQ: The company raised $7.5 million of Series A venture funding in a deal led by Foresight Group on August 21, 2024. The University of Tokyo Edge Capital, GameTech Ventures, Utec Ventures, Ruttenberg Gordon Investments and other undisclosed investors also participated in the round. The company is a developer of an image processing platform designed to offer computer-generated diffractive holography.

EDGLRD: The company entered into a definitive agreement to receive an undisclosed amount of development capital from Samizdat and Reuben Brothers on August 19, 2024. The company is an operator of a digital IP-based media studio.

Leanr: The company raised venture funding from undisclosed investors on August 20, 2024. The company is a developer of a cloud-based presentation management platform designed to increase operational efficiency and productivity in handling PowerPoint presentations.

TickPick / Brighton Park Capital: The company was acquired by Brighton Park Capital and Symphony Ventures through a $250 million LBO on August 22, 2024. The company is a developer of an online ticket-sales platform intended to serve concerts, sports and theater audiences.

AIEnglishGPT / Star Alliance International: The company reached a definitive agreement to be acquired by Star Alliance International for an undisclosed amount on August 20, 2024. The company is a developer of an AI-powered language learning platform.

Blameless / FireHydrant: The company was acquired by FireHydrant for an undisclosed amount on August 21, 2024. The company is a developer of automated incident response and management tools.

Botario / NFON: The company was acquired by NFON for an undisclosed amount on August 21, 2024. The company is a provider of artificial intelligence services for business communication based in Bremen, Germany.

DemoUp Cliplister / Bregal Unternehmerkapital: The company was acquired by Bregal Unternehmerkapital through an LBO on August 24, 2024 for an undisclosed amount. The company is a developer of a product content creation, management, distribution and analysis platform based in Berlin, Germany.

GrinData / Greenlite Ventures: The company reached a definitive agreement to be acquired by Greenlite Ventures for an undisclosed amount as of August 20, 2024. The company is a developer of a micro market sports gambling data analysis platform.

Ninetailed / Contentful: The company reached a definitive agreement to be acquired by Contentful for an undisclosed amount on August 20, 2024. The company is a developer of an AI-powered website personalization platform.

Press Sports / The Donut: The company was acquired by The Donut for an undisclosed amount on August 19, 2024. The company is a developer of a sports social media application.

Reclaim.ai / Dropbox: The company was acquired by Dropbox for an undisclosed amount on August 20, 2024. The company is a developer of an AI-powered calendar automation tool.

Revlocal / H.I.G. Capital: The company was acquired by Hibu Group, via its financial sponsor H.I.G. Capital, through an LBO on August 22, 2024 for an undisclosed amount. The company is a provider of digital marketing services.

Rita Data / Adelaide: The company was acquired by Adelaide for an undisclosed amount on August 19, 2024. The company is a developer of data management software.

Santa Rita Film / Well Go Usa: The company was acquired by Well Go Usa for an undisclosed amount on August 20, 2024. The company is a distributor of broadcasting and movie rights based in Austin, Texas.

Third Kind Games / BPEA EQT: The company was acquired by Virtuos, via its financial sponsors EQT, Enthéos and BPEA EQT, through an LBO on August 20, 2024 for an undisclosed amount. The company is an operator of a co-development games studio.

Tonny Media / Podimo: The company was acquired by Podimo for an undisclosed amount on August 23, 2024. The company is an operator of a media production company.

Wheels / Overseas Moped Investment and Holding Pte Ltd.: The company was acquired by Overseas Moped Investment and Holding Pte Ltd. For $3 million on August 19, 2024. The company is an operator of a shared electric mobility platform.

WhiteVision / Main Capital Partners: The company was acquired by Main Capital Partners through an LBO on August 20, 2024 for an undisclosed amount. The company is a developer of document automation software.

XccelerAite / GardX International: The company was acquired by GardX International, a subsidiary of Gardx Holdings, for an undisclosed amount on August 19, 2024. The company is a developer of artificial intelligence powered video creating software, based out of Portsmouth, England.

Source: Pitchbook Data, Inc.