Technology Private Placement and M&A Transactions Review Week Ending August 7 2022

Strategy | Financing Highlight
“Three to five years ago, the big strategics were sprinkling money around, but you are now seeing more focus from them,” said Jonathan Hodson-Walker, managing partner of Silverwood Partners, an investment banking firm that advises CPG brands. “The strategics are still making minority investments, but they are less interested in buying small brands that are experimental and can’t be $100M businesses. Supply chains and scale are very important to them right now.”
Silverwood Partners Features in Organic Insider – Read the article here

Private Placement / Financing Transactions

Aisera: The company raised $90 million of Series D venture funding in a deal led by Thoma Bravo and The Goldman Sachs Group on August 3, 2022. Zoom Video Communications, Cisco Systems, RingCentral, Zoom Ventures, True Ventures, Khosla Ventures, Sherpalo Ventures, First Round Capital, Menlo Ventures, Norwest Venture Partners, Icon Ventures, World Innovation Lab, Kavitark Ram Shriram, Maynard Webb, and Silicon Valley Bank also participated in the round. The company is a developer of    predictive AI solutions that auto-resolve customer service, IT, sales and operations problems by plugging into existing systems of record, including help desk portals.

Skyports: The company raised $26.1 million of Series B venture funding from Deutsche Bahn Digital Ventures, Aéroports de Paris, and Irelandia Aviation on August 2, 2022. Kanematsu, 2i Aeroporti, ST Engineering, Levitate Capital, Growlogics Media, GreenPoint Partners, Solar Ventus, and Goodman also participated in the round. The Company designs, builds, owns, and operates vertiports that enable eVTOL operators to take off and land in and around cities across the world; and, uses drone technology to enable businesses to develop their logistics, capture key data, and improve operational efficiency.
Lil Durk: The company raised $20 million of venture funding from undisclosed investors on August 1, 2022. The company is an operator of a news and broadcast television network intended to provide comprehensive, up-to-date news coverage.

Ocient: The company raised $17.1 million of venture funding in a combination of equity, debt, options and warrants from undisclosed investors on August 5, 2022. The company is a developer of a data warehouse platform designed to offer a rapid analysis of large datasets.

BBC Maestro: The company raised GBP 7.5 million of venture funding in a deal led by BGF on August 1, 2022, putting the company’s pre-money valuation at GBP 25.4 million. Downing Ventures and other undisclosed investors participated in the round. The company is a developer of a video-led e-learning platform intended to offer courses taught by experienced creators.

ENTITY: The company raised $6.6 million of venture funding from undisclosed investors on August 3, 2022. The company is an operator of an education technology company intended to close the gender wage gap by training, mentoring, and placing women.

DeepCrawl: The company raised $6 million of venture funding from Chris Ash, James Bromley, and other undisclosed investors on August 2, 2022. The company is a developer of a technical search engine optimization platform designed to offer website optimization services.

Proof of Impact: The company raised $6 million of venture funding in a deal led by Rakuten Capital on August 2, 2022. CV VC, Oxford Angel Fund, Working Capital, Five T Fintech, Advaita Capital, BLOCKROCKET, Asiri S.A.S, and Franklin Templeton also participated in the round. The company is a developer of a B2B SaaS ESG and Impact Data Intelligence platform designed to transform static impact data reporting into a digital solution.

3nfinite: The company is reportedly in the process of raising $5 million of venture funding as of August 3, 2022. The company is a developer of live-action software tools and 3d capture systems designed to facilitate the creation of six-degree live-action virtual reality.

Explorest: The company raised an undisclosed amount of venture funding from Swiss Founders Fund in August 2022. The company is a developer of a mobile application designed to let users discover photo locations shared by local photographers and travel experts.

Printify: The company raised an undisclosed amount of venture funding from the Siena Secondary Fund on August 1, 2022. The company is a provider of on-demand custom printing services intended to create and sell custom products.

RFRD: The company raised an undisclosed amount of venture funding from Ascend Venture Capital in August 2022. The company is a developer of a video editing platform designed to record and edit customer testimonials.

Swaarm: The company raised an undisclosed amount of venture funding in a deal led by STS Ventures on August 1, 2022. Other undisclosed investors also participated in the round. The company is a developer of a performance-based marketing platform intended to provide innovative market tracking and campaign management.

Thunder: The company raised an undisclosed amount of venture funding from Salesforce Ventures on August 1, 2022. The company is a developer of an online data analysis platform designed to turn data into transformative business outcomes.

Valqari: The company raised an undisclosed amount of venture funding from Pier71 and Stony Lonesome Group in approximately August 2022. The company is a developer of drone delivery technology designed to provide secure and convenient delivery by drones.

Zeal Robotics: The company raised an undisclosed amount of venture funding from Comate Ventures on August 3, 2022. The company is an operator of artificial intelligence software intended for logistics robotics distribution warehouses.

ZoA Game: The company raised an undisclosed amount of venture funding from Lua Ventures, VRM Venture and Digital Strategies in August 2022. Danxia Capital also participated in the round. The company is an operator of a gaming platform.

M&A Transactions

Brightly Software / Siemens: The company was acquired by Siemens for $1.9 billion on August 4, 2022. The company is a developer of a cloud-based operations management software designed for education, government, healthcare, senior living, manufacturing and membership-based organizations.

iRobot / Amazon.com: The company reached a definitive agreement to be acquired by Amazon.com for approximately $1.7 billion on August 4, 2022. iRobot Corp is a US based consumer robot company that provides robotic household appliances.

IPONWEB / Criteo: The company was acquired by Criteo for $250 million on August 1, 2022. The company is a developer of digital advertising software focused on programmatic and real-time advertising technology and infrastructure.

Caravel / Commsor: The company was acquired by Commsor for an undisclosed amount on August 2, 2022. The company is a developer of of an artificial intelligence-based platform with a suite of state-of-the-art, no-code natural language processing technologies designed to surface real-time insights from customer communication.

GatesAir / Thomson Broadcast: The company was acquired by Thomson Broadcast, a subsidiary of Groupe Sipromad, for an undisclosed amount on August 1, 2022. The company is a manufacturer of multi-channel television and radio transmitters designed for over-the-air broadcasting and public safety communications.

NGL Collective / MiTu: The company was acquired by MiTu, a subsidiary of GoDigital Media Group, for an undisclosed amount on August 1, 2022. The company is an operator of digital media and entertainment firm intended to serve the US Latinx marketplace.

Nubik / Deloitte Canada: The company was acquired by Deloitte Canada, a subsidiary of Deloitte, for an undisclosed amount on August 1, 2022. The company is a provider of multi-cloud consulting to manufacturing, professional services, high tech, financial, healthcare and life sciences industries.

Podchaser / Acast: The company was acquired by Acast for an undisclosed amount on August 1, 2022. The company is an operator of a podcast database platform designed to facilitate browsing and coverage of podcasts.

Re:infer / UiPath: The company was acquired by UiPath for an undisclosed amount on August 1, 2022. The company is a developer of a communications intelligence platform designed to automate the interpretation of unstructured communication data and bridge the gap between humans and information technology systems.

Sierra Wireless / Semtech: The company is in talks to be acquired by Semtech on August 1, 2022. The acquisition will complement Semtech’s Internet of Things business. Sierra Wireless Inc is a wireless communication equipment designer and provider of Device-To-Cloud Internet-of-Things solutions.

TixTrack / Nederlander Producing Company of America: The company was acquired by Nederlander Producing Company of America for an undisclosed amount on August 4, 2022. The company is a developer of a ticketing software designed to monitor venues and teams in the sports and entertainment industry.

Veniam / Nexar: The company reached a definitive agreement to be acquired by Nexar for an undisclosed amount on August 3, 2022. The company is a developer of vehicular mesh networks designed to securely manage the data flows of a new and emerging mobility ecosystem.

Vidora / mParticle: The company was acquired by mParticle for an undisclosed amount on August 3, 2022. The company is a developer of a real-time machine-learning platform designed to dynamically adapt website and application layouts, menus, text, and content uniquely.

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