Technology Private Placement and M&A Transactions Review Week Ending December 4 2022

Zylo: The company raised $31.5 million of Series C venture funding in a combination of equity and convertible debt in a deal led by Baird Capital on November 29, 2022. Coupa Ventures, Spring Lake Equity Partners, High Alpha, Bessemer Venture Partners, Menlo Ventures, and Robert W. Baird & Co also participated in the round. The company is a developer of an enterprise management platform designed to optimize cloud-based subscriptions.

Sanctuary AI: The company raised $30 million of venture funding from Government of Canada on December 1, 2022. The company is a developer of intelligent robotics designed to serve as human-like intelligence in general-purpose robots.

PearPop: The company raised $18 million of Series A venture funding led by Seven Seven Six and Sound Ventures on November 29, 2022, putting the company’s pre-money valuation at $282 million. Ava Labs, C Squared Ventures and Blockchange Ventures also participated in the round. The company is a developer of a content creation platform designed to power collaboration between creators and their fans on social media.

Roboto Games: The company raised $15 million of Series A venture funding in a deal led by Andreessen Horowitz on November 29, 2022, putting the company’s pre-money valuation at $40 million. Ancient8, Animoca Brands, Harrison Metal Capital, Transcend Capital Partners, Merit Circle, Makers Fund, gumi Cryptos Capital, Daniel James Grellner, Jameson Hsu, Phil Chen, Cristian Manea, Pany Haritatos, and other undisclosed investors also participated in the round. The company is a developer of casual multiplayer social games.

Mercaux: The company raised $14.1 million of Series A1 venture funding from Redseed and other undisclosed investors on November 30, 2022. The company is a developer of an in-store experience, universal basket, and checkout platform designed to provide customers with a frictionless shopping experience.

Frame.ai: The company raised $7.6 million of venture funding in a deal led by G20 Ventures on November 29, 2022, putting the company’s pre-money valuation at $25 million. Twilio, LiveRamp Holdings, FirstMark Capital, Greycroft, Velvet Sea Ventures and ValueStream Ventures also participated in the round. The company is a developer of a collaborative messaging platform designed to improve business conversations.

deskbird: The company raised $6.5 million of venture funding in a deal led by FortyOne Group, Rivus Capital, and session vc on November 29, 2022. PortfoLion also participated in the round. The company is a developer of an on-demand workspace management platform designed to facilitate collaboration and engagement between companies and employees.

Move.Ai: The company raised an undisclosed amount of venture funding in a deal led by Animoca Brands and Play Ventures on November 28, 2022. RKKVC and 4 other investors also participated in the round. The company is a developer of a motion capture system designed to turn images into digital animated objects.

Ibeo Automotive Systems / Microvision: The company reached a definitive agreement to be acquired by Microvision for EUR 15 million on December 1, 2022. The company is a manufacturer and marketer of sensors and scanners in Hamburg, Germany.

Active Replica Studio / Mozilla: The company was acquired by Mozilla for an undisclosed amount on December 1, 2022. The company is a developer of communication software intended to hold virtual events and meetings.

ApostleTech / Wipfli: The company was acquired by Wipfli for an undisclosed amount on December 1, 2022. The company is a provider of training, software integration, and solutions for a company’s salesforce intended to increase business productivity.

ASO Giraffe / Phiture: The company was acquired by Phiture for an undisclosed amount on November 29, 2022. The company is an operator of a marketability testing platform catering to mobile game developers.

ATX TV / Penske Media: The company was acquired by Penske Media, via its financial sponsors Quadrangle Group and Saudi Arabia’s Public Investment Fund, through an LBO on November 28, 2022 for an undisclosed amount. The company is an operator of an entertainment platform designed to stream TV series, documentaries and feature films across a wide variety of genres and languages.

Bopper / MDIIO: The company was acquired by MDIIO for an undisclosed amount on December 1, 2022. The company is a provider of music licensing services.

Collabra Technology / Undisclosed Investor: The company was acquired for an undisclosed amount on November 29, 2022. The company is a developer of a digital marketing platform intended to assist businesses to prepare, present and promote their products globally.

Eduspire Solutions / Golden Gate Capital, Securly: The company was acquired by Securly, via its financial sponsor Golden Gate Capital, through an LBO on November 28, 2022 for an undisclosed amount. The company is a developer of web-based and mobile applications designed for enabling educators to improve education through the use of innovative technology.

paragon semvox / CARIAD: The company reached a definitive agreement to be acquired by CARIAD, a subsidiary of Volkswagen, for an undisclosed amount on December 1, 2022. The company is a developer of analytical software intended for space defense.

Synaptech / LMI Government Consulting: The company was acquired by LMI Government Consulting, via its financial sponsors Capitol Meridian Partners, 22C Capital and Declaration Partners, through an LBO on December 1, 2022 for an undisclosed amount. The company is a developer of analytical software intended for space defense.

Wireless Support / DL Capital & Hazel Finn: The company was acquired by Hazel Finn and DL Capital through an LBO on November 28, 2022 for an undisclosed amount. The company is a provider of wireless support services intended to help small and medium-sized businesses manage all aspects of their mobile phone and tablet fleets.