Technology Private Placement and M&A Transactions Review Week Ending December 3, 2023

together.ai: The company raised $102.5 million of Series A venture funding in a deal led by Nvidia, Emergence, and Kleiner Perkins on November 29, 2023. SCB 10X, Prosperity7 Ventures, Greycroft, 137 Ventures, Lux Capital, Factory, Definition, New Enterprise Associates, Long Journey Ventures, Scott Banister and SV Angel also participated in the round. The company provides decentralized cloud services to allow developers and researchers at organizations of all sizes to train, fine-tune, and deploy generative AI models.

Pika Labs: The company raised $55 million of Series A venture funding in a deal led by Lightspeed Venture Partners on November 28, 2023. Homebrew, Conviction Capital, Elad Gil, Andrej Karpathy, Clément Delangue, Craig Kallman, SV Angel, Cristina Cordova, Adam D’Angelo, Alex Chung, Nat Friedman and Ben’s Bites also participated in the round. The company’s platform offers AI-based text-to- video editing software.

Stensul: The company raised $34.5 million of Series C venture funding in a deal led by Sageview Capital on November 30, 2023. Lowercase Capital, Javelin Venture Partners, Uncork Capital, US Venture Partners and Edith Harbaugh also participated in the round. The company’s technology platform lets non-technical people create on-brand HTML emails and landing pages that can be used with most major marketing automation platforms.

DuploCloud: The company raised $32 million in Series B venture funding in a deal led by WestBridge Capital Partners and StepStone Group on November 29, 2023, putting the company’s pre-money valuation at $142 million. The company’s platform offers cloud automation with built-in security, compliance and data migration.

Kognitos: The company raised $20 million of Series A venture funding in a deal led by Khosla Ventures on November 30, 2023. Wipro Ventures, Engineering Capital and Clear Ventures also participated in the round. The company’s platform uses generative AI software to perform natural language process automation to turn English into machine commands.

Osaro: The company raised $19.2 million of venture funding in the form of convertible debt from undisclosed investors in December 2023. The company offers robotic piece-picking solutions and software for e-commerce.

Squint: The company raised $13 million of Series A venture funding in a deal led by Sequoia Capital on November 29, 2023. Menlo Ventures also participated in the round. The company’s augmented reality platform attaches instructions to real-world objects, guiding operators through each step of standard operating procedures and providing data on completion.

JENTIS: The company raised EUR 11 million of Series A venture funding in a deal led by Bright Pixel Capital on November 28, 2023. 3TS Capital Partners and Pragmatech Ventures also participated in the round. The company’s tools offer server side website data tracking, ownership, and GDPR compliance.

Aviz: The company raised $10 million of venture funding from Accton Technology, Cisco Investments, and Wistron on November 30, 2023. Moment Ventures also participated in the round. The company is a developer of open-sourced network operating systems designed to provide cost-efficient network management through disaggregated solutions.

ThoughtExchange: The company raised CAD 13.5 million of venture funding led by InBC Investment Partners on November 30, 2023. HarbourVest Partners, Yaletown Partners, Information Venture Partners, Voyager Capital and First Generation Capital also participated in the round. The company’s software uses artificial intelligence and machine learning to identify and organize insights to optimize decision-making.

Rypplzz: The company raised $6.5 million of venture funding from Deal Box Ventures, Innovative Ventures and Fulcrum Investing on November 28, 2023. The company’s platform transforms physical spaces into smart environments with precise geolocation and enhanced connectivity.

Unchained Robotics: The company raised EUR 5.5 million of venture funding in a deal led by Future Industry Ventures on November 29, 2023. Redstone Digital, Teklas Ventures, Vent.io, EnjoyVenture, Archimedes New Ventures, Born2Grow, Christian Hülsewig, Marek Lehmann, Eike Klein, Reinhard Rabenstein and other undisclosed investors also participated in the round. The company’s technology uses an AI-based system that offers generated 3D information, tasks such as pick and place, bin picking, sorting or quality inspections, and Intelligent detection of objects.

Datalogz: The company raised $5.0 million of venture funding from undisclosed investors on December 1, 2023. The company’s platform provides features such as a data catalog, data lineage, data governance, and data glossary.

Rad.: The company raised an estimated $5 million in Series A venture funding in a deal led by Intersect VC and Ayre Group on November 28, 2023, putting the company’s pre-money valuation at $30 million. Revere VC and 11 other investors also participated in the round. The company is an operator of a Web3-enabled streaming platform that provides access to entertainment and unique content, including both live streaming and video on demand.

FlickPlay: The company raised an undisclosed amount of venture funding from Bandai Namco Entertainment Inc (021fund) on November 28, 2023. The company is a developer of a gamified augmented reality content creation platform.

GRID: The company raised an undisclosed amount of venture funding from Riot Games on November 30, 2023. The company is an operator of an esports and gaming data platform intended to curate data for game developers and tournament organizers.

Ansira / Truelink Capital: The company was acquired by Truelink Capital through an LBO on December 1, 2023 for an undisclosed amount. The company is a provider of data-driven marketing services intended to help brands create and strengthen customer relationships at a national and local level.

Customquake / Kruso: The company was acquired by Kruso for an undisclosed amount on November 27, 2023. The company offers a range of web applications for commerce, content, data and process management which includes IoT monitoring and control capabilities, 3D visualization and the use of artificial intelligence in customer projects.

Holovis / Luoman Lighting: The company was acquired by Luoman Lighting for an undisclosed amount on November 28, 2023. The company is a developer of an augmented and virtual reality entertainment and enterprise platform.

Ipsolon Research / BlueHalo: The company was acquired by BlueHalo, via its financial sponsor Arlington Capital Partners, through an LBO on November 29, 2023 for an undisclosed amount. The company engineers hardware, software, and FPGA design for a range of Software Defined Radios (SDR) and advanced wireless systems.

PresenZ / V-Nova: The company was acquired by V-Nova, a subsidiary of Limitless Earth, for an undisclosed amount on November 29, 2023. The company is a developer of a volumetric movie format technology designed to let clients create three dimensional assets to for immersive movies and images.

QBox / Cyara: The company, a subsidiary of Volume Group was acquired by Cyara, via its financial sponsor K1 Investment Management, through an LBO on November 28, 2023 for an undisclosed amount. The company is a developer of a conversational artificial intelligence (AI) testing tool intended for chatbot optimization.

Remind / ParentSquare: The company was acquired by ParentSquare, via its financial sponsor Serent Capital, through an LBO on November 29, 2023 for an undisclosed amount. The company is a developer of a real-time messaging application for communication between students, parents and schools in primary education.

Roon Labs / Harman International Industries: The company was acquired by Harman International Industries, a subsidiary of Samsung Electronics, for an undisclosed amount on November 27, 2023. The company is a developer of a music management and listening software platform for high-quality audio streaming.

Scite / Research Solutions: The company was acquired by Research Solutions for $14.8 million on November 27, 2023. The company’s tool utilizes machine learning and a network of researchers to validate research and provide context and description of a citation.

Vantage Cloud / Aerial Direct: The company was acquired by Aerial Direct for an undisclosed amount on November 27, 2023. The company is a developer of a cloud cost optimization and reporting platform for IT service providers.

We-do.ai / Immoware24: The company was acquired by Immoware24 for an undisclosed amount on November 28, 2023. The company’s platform provides automatic chatbots, automatic text recognition and artificial intelligence prediction tools.