Private Placement / Financing Transactions
Pragmatic: The company closed on GBP 182 million of an undisclosed targeted amount of Series D venture funding in a deal led by UK Infrastructure Bank and M&G on December 6, 2023. Prosperity7 Ventures, Aramco Ventures, British Patient Capital, Latitude Investments, Phoenix Court, Northern Gritstone, Cambridge Innovation Capital, Puhua Capital, Maven Capital Partners UK and MVolution Partners also participated in the round. The company is a developer of a technology designed to provide low-cost flexible integrated circuits.
Gecko Robotics: The company raised $173 million of Series C venture funding in a deal led by XN on December 5, 2023, putting the company’s pre-money valuation at $460 million. Founders Fund and 17 other investors also participated in the round. The company is a developer of wall climbing robots designed to deliver physical asset inspections.
VAST Data: The company raised $118 million of Series E venture funding in a deal led by Fidelity Investments on December 6, 2023, putting the company’s pre-money valuation at $8.98 billion. Dell Technologies Capital, Nvidia, Next47, Goldman Sachs Growth Equity, Drive Capital, Tiger Global Management, Scale Asia Ventures, New Enterprise Associates, Greenfield Partners, 83North, Norwest Venture Partners, Bond Capital and Commonfund also participated in the round. The company is a developer of a data platform designed to accelerate time-to-insight for workload-intensive applications.
ContactMonkey: The company raised $55 million of Series A venture funding from Updata Partners on December 7, 2023. The company is a developer of a cloud platform designed to offer integrated, advanced email automation and email tracking services.
DUST Identity: The company raised $40 million in Series B venture funding in a deal led by Castle Island Partners on December 5, 2023, putting the company’s pre-money valuation at $150 million. Airbus Ventures, Oxygen Esports, Aramex Ventures, 8VC and Kleiner Perkins also participated in the round. The company is a developer of a technology-based security tag designed to create an unclonable identity layer on any object.
AutogenAI: The company raised $39.5 million of Series B venture funding in a deal led by Salesforce Ventures and Spark Capital on December 6, 2023. Blossom Capital also participated in the round. The company is a developer of an artificial intelligence-based tool designed to develop and write bidding proposals.
Air Space Intelligence: The company raised $34 million of Series B venture funding in a deal led by Andreessen Horowitz on December 7, 2023, putting the company’s pre-money valuation at an estimated $300 million. Renegade Partners, Spark Capital, Bloomberg Beta and other undisclosed investors also participated in the round. The company is a developer of aerospace software designed for operational data analytics.
Rhythms AI: The company raised $26 million of venture funding in a deal led by Madrona Venture Group and Greenoaks Capital Partners on December 7, 2023. Accel, Cercano Management and other undisclosed investors also participated in the round. The company is a developer of an AI-powered operating system designed to optimize collaborative team performance.
EnCharge AI: The company raised $22.6 million of venture funding in a deal led by VentureTech Alliance on December 5, 2023. RTX Ventures, Anzu Partners, S5V, ACVC Partners and Silicon Catalyst Angels also participated in the round. The company is a developer of advanced artificial intelligence (AI) hardware and software systems intended for edge computing.
Rewst: The company raised $20 million of venture funding from undisclosed investors on December 5, 2023. The company is a developer of robotic process automation technology.
Rohirrim: The company raised $15 million of Series A venture funding in a deal led by Insight Partners on December 4, 2023, putting the company’s pre-money valuation at $55 million. General Purpose Venture Capital also participated in the round. The company is a developer of generative AI for enterprise use in data processing.
W4 Games: The company raised $15 million of Series A venture funding in a deal led by OSS Capital and Naval Ravikant on December 7, 2023. Larry Augustin, Alex Atallah, Thomas Dohmke, Diogo Monica, Scott Williamson and Justin Hoffmann also participated in the round. The company is a video game developer.
Sharpen: The company raised $11 million of Series A venture funding in a deal led by Learn Capital on December 6, 2023. First In Ventures, Reach Capital and other undisclosed investors also participated in the round. The company is an operator of an educational platform for children.
Sakuu: The company raised $6 million of venture funding from undisclosed investors on December 6, 2023. The company is a developer of sustainable battery manufacturing technology.
Spiffy AI: The company raised $6 million of venture funding from AI2 Incubator, Point72 Ventures and Ascend Venture Capital on December 5, 2023. The company is a developer of an Outcome-Oriented Model (OOM) AI technology platform.
Droplet: The company raised $5 million of venture funding from undisclosed investors on December 7, 2023. The company is a developer of a digital form and workflow platform designed to digitize paper-based processes and automate complex workflows.
Bigeye: The company raised an undisclosed amount of venture funding from Alteryx on December 7, 2023. The company is a developer of a data monitoring and anomaly detection platform.
Yseop: The company received an undisclosed amount of development capital from dRx Capital Novartis on December 5, 2023. The company is a developer of a human-centric natural language generation (NLG) software designed for the financial and life sciences industries.
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